Saudi Arabia signs US$800 million defence deal with South Korea's Hanwha

DUBAI : Saudi Arabia's Defence Ministry has signed a 3 billion Saudi riyal (US$800 million) contract with South Korea's Hanwha to support its defence capabilities and supply chain services, SPA state news agency said on Tuesday.

The contract is the largest of 7 billion riyals of deals Saudi Arabia signed with local and international defence firms on Tuesday.