Tag Archives: Walid Abukhaled

SAMI to Invest Up to $1.8 Billion in Partnerships, Acquisitions

Saudi Arabian Military Industries (SAMI), CEO Walid Abukhaled

Saudi Arabian Military Industries (SAMI) is planning to invest up to $1.8 billion (SR7 billion) during the coming period, in strategic partnerships, projects, and certain acquisitions, CEO Walid Abukhaled (photo) told Asharq News in an interview on the sidelines of the Future Investment Initiative (FFI) Summit which took place on …

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SAMI appoints Walid Abukhaled as acting CEO

The Board of Directors of Saudi Arabian Military Industries (SAMI) announced the appointment of Eng. Walid Abukhaled as acting CEO to oversee the company’s operations starting from April 23, 2020, until further notice. Eng. Abukhaled will be taking over from Dr. Andreas Schwer who served as CEO of the company …

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