Tag Archives: MoU

The coils are unwinding

That is a setting, it is not the stated setting, but the larger brief was already seen by me in a few ways. As such Antara News, only three hours ago, I was given ‘Indonesia, Saudi Arabia sign MoU to boost direct foreign investment’. For clarity (to some) Antara is the state owned news agency of Indonesia. And they give us “The agreement was signed on Tuesday (August 4) by Indonesian Minister of Investment and Downstreaming/Head of the Investment Coordinating Board (BKPM) Rosan Roeslani and Saudi Arabian Minister of Investment Fahad bin Abduljalil Al-Saif. According to Minister Rosan, Indonesia and Saudi Arabia share a close relationship built on mutual trust, respect and long-standing people-to-people ties. This partnership is now expanding into various strategic investment cooperation to generate concrete economic benefits for both nations, Rosan said in his statement on Wednesday (August 5). Between 2021 and the first half of 2026, the Ministry of Investment recorded that Saudi Arabia’s realized Foreign Direct Investment (FDI) in Indonesia reached US$126.2 million.” And it was no surprise as I wrote about this in my views on November 30th 2022, I saw it months before that and we see that Saudi Arabia is making its move to get to the hearts and minds of 273 million muslims. As I see it, Al Arabiya, stc tv and SBC TV will now move into a ‘new’ area and there is a lot to be had, if your explode Saudi TV interests. And I saw this almost 4 years ago. I had some IP connections to this idea, because when I have an idea I tend to mull things over. Now we see “The partnership also outlines mechanisms for private-sector consultations, joint investment promotion campaigns, expert delegation exchanges, and technical knowledge sharing. Furthermore, it serves as a platform for strengthening institutional coordination between the investment authorities of both countries.” As I see it, this implies that Huawei and Saudi telecom and broadband streaming idea are about to make a larger inroad into East Asia. I reckon that the north of Australia and its Muslim and Indonesian population might like this as well. 

So as we see the ‘investment cooperation’ take a larger intern, there is a decent chance that telecom and TV upgrades will be coming to places like Djakarta (aka Batavia), Surabaya, Bekasi, Bandung and Medan soon enough. OK, I admit that this is speculation, but so far the ideas I had are playing out just the way I envisioned. And whilst the US economy is dead set on (fake) AI and investments are spinning out of control, all whilst too many sources are giving that no return on investments are due until at least 2029, there is every consideration that the investments of Saudi Arabia are merely a year away, and with this I mean the break even point. After that it is decently pure profit and it gets better after that. With Indonesia, Pakistan has little option but to follow that wave and Saudi Arabia get the setting from Haql to Jayapura and I am guessing that Pakistan doesn’t want to be left out, so it would join that fraternity of voices. In 4 years Saudi Arabia went from  13400 km to 11,635.03 km, as I see it, Saudi Arabia is about to become the dominant voice in South East Asia, so whilst we will be getting some BS approach from the United States about how that doesn’t matter, consider that the reach of Saudi Arabia almost went from 100% of Saudi Arabia to the stage where 1000% of the Saudi voice is being reached. And that is before we consider that they can now reach half a billion Muslims, as such Al Arabiya will be wielding a considerable bat in baseball terms and slamming that ball over the equator is what matters in telecom terms. Now consider that Saudi Arabia had a MoU with Egypt in stc as well (I believe it was 2024) and now consider that Saudi Arabia can now reach from southerns EU almost to western Japan, so do you think this is mere weakness? With Huawei it will put a stopper on all the BS that the United States with their anti-China were giving and now we see how innovation works. It doesn’t go for the wannabe technology of optionally next decade, it goes for the places that everyone is overlooking tomorrow and Saudi Arabia was there from the start. Alas no coins for me, but to see innovation elevate itself whilst these so called captain of industry are marginalizing the settings they don’t care about is a joy for the eyes and the mind. 

And all this was out in the open from November 2022. I know that because I wrote about it, which is the little sidestep of any blog, it gives (written) evidence about what seemingly is, not some TV channel who belittles what they have to in some morning TV show, because that is how miscommunications start and that is where these so called captains of industry tend to hide and often it is behold the small statement “There was some level of miscommunication in this”, so that is how they get rich? Now we see that Saudi Arabia is actually gaining wealth, because all this comes with advertising according to Islamic rules (I honestly don’t know this rules), but I feel certain that it will go according to the rules Indonesia has and whilst these people are less and less impressed with western baloney, Indonesia will now be able to advertise towards population that it does want (implying Saudi Arabia, Pakistan, Qatar and the UAE). All this was out in the open and as I see it, Yesterday Indonesia made the next move in achieving that (as written in Antara). So you all have a great day and consider what other revenue is lying on the floor ignored by the powers to wannabe, because it just isn’t AI.

 

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At the start of round two

I have stated more than one that America has a problem, it has a few, yet this was about defence spending and others aren’t spending it on American soil. I have been called crazy, cranky and delusional (no idea where the cranky part came from). Anyway, today I see that Saudi Arabia has a MoU (Memorandum of Understanding) with Leonardo defence.

From one source I am getting “The Ministry of Investment (MISA) of the Kingdom of Saudi Arabia, the General Authority for Military Industries (GAMI) of the Kingdom and Leonardo announced yesterday the signing of a Memorandum of Understanding (MoU) with the intention to discuss, develop and evaluate a range of investment and collaboration opportunities in the defence and aerospace sector.” Some will say ‘so what?’ and until recently I would have agreed. I never heard of them, that doesn’t mean anything, but when you consider that the amount (unverified) is rumoured to be around a billion dollars, the case starts to give a different stage. China is taking a massive slice, Germany and the UK are on the pie hunting side and now Italy takes a billion too. This means that the pie that America one had, what is left is a lot smaller and a lot less impressive (for America that is). 

So the pie that was overwhelmingly America (Raytheon, Northrop and a few others) is now set to at least four additional players and even as we do not know the slice of China, there has been a few indicators (unverified) that it amounts to billions. As I personally see it, this is the result of biting the hand that feeds you and I never saw any clear evidence of what happened to that columnist no one cares about. That is the larger station. In addition to this, one source gives us ‘Fifteen Spanish companies compete for a slice of Saudi Arabia’s military pie’. There is no way to see how far they get and the defence market that is going on right now has 700 arms manufacturers trying to get a slice of $71,000,000,000. It is anyones guess how much is left after China gets its slice. All indicators give me that they are succeeding, in least in part, in securing that revenue and that is revenue that is lost to America. I feel certain that players like Raytheon will get a slice, but as far as I can tell it is rumoured to be the smallest slice they have gotten in a decade. 

And a lot of this could have been prevented, but feel free to think that my delusion. 

I wonder what news we will see next week when the trade fair is over. Yet I feel that a few European firms will be happy on what they were able to achieve. The largest setting That I expect at some point is that FN Herstal and/or the Herstal Group will place facilities in Saudi Arabia to see the setting that Saudi Arabia has advocated for close to 3 years to have 50% to be produced nationally. I reckon that FN Herstal/Herstal Group might reconsider that setting and move some of that to Saudi Arabia, not only for the slice of pie, but as part of Brics their dance-book will open up to several players. There is no data showing this to happen, it is pure speculation but that move makes sense to me. You see if FN Herstal doesn’t China and their AVIC, CASC, CETC, CASIC, CSSC, CSGC could get a lot more revenue. Norinco is unlikely to make that cut as it has been a really bad boy, but that could be my personal view on the matter.

Enjoy the day.

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