Emir of Qatar leads unveiling ceremony in Doha for models of British jets

The model aircraft are life-size replicas of two variants of the Aeralis modular jet, each measuring 11.3 meters in length and with a wingspan of 10 meters. (Supplied)
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Updated 21 March 2022
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Emir of Qatar leads unveiling ceremony in Doha for models of British jets

  • The two full-size replicas of UK military developer Aeralis’s innovative modular jet were unveiled at the Doha International Maritime Defense Exhibition and Conference, DIMDEX 2022

DOHA: The emir of Qatar attended an event on Monday hosted by British military jet developer Aeralis, during which two full-size replicas of the company’s innovative modular jet were unveiled at the Doha International Maritime Defense Exhibition and Conference, DIMDEX 2022.

Sheikh Tamim bin Hamad Al-Thani led the unveiling ceremony at the Qatar National Convention Center. Also present were representatives from Qatari defense conglomerate Barzan Holdings, along with senior figures from the Qatari and British governments and military.

The model aircraft are life-size replicas of two variants of the Aeralis modular jet, each measuring 11.3 meters in length and with a wingspan of 10 meters. One model is fully assembled in the Advanced Jet Trainer configuration and decorated with livery inspired by the Qatar Emiri Air Force.

The second is a modular version displayed in a semi-disassembled state to demonstrate how the aircraft’s common-core fuselage can form the basis for a number of other variant forms of the aircraft. The replicas were produced in the UK and shipped to Qatar specifically for the event.

“It was an enormous privilege to have his highness attend the unveiling of our stand at DIMDEX today,” said Aeralis founder and CEO Tristan Crawford.

“His presence here signifies our commitment to this region, as well as to industry and government in Qatar, and we are enormously pleased to be able to present a tangible visualization of our cutting-edge modular jet.”


Closing Bell: Saudi main index closes higher at 10,596 

Updated 23 December 2025
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Closing Bell: Saudi main index closes higher at 10,596 

RIYADH: Saudi equities closed higher on Tuesday, with the Tadawul All Share Index rising 43.59 points, or 0.41 percent, to finish at 10,595.85, supported by broad-based buying and strength in select mid-cap stocks. 

Market breadth was firmly positive, with 170 stocks advancing against 90 decliners, while trading activity saw 161.96 million shares change hands, generating a total value of SR3.39 billion. 

Meanwhile, the MT30 Index closed higher, gaining 6.52 points, or 0.47 percent, to 1,399.11, while the Nomu Parallel Market Index edged marginally lower, slipping 3.33 points, or 0.01 percent, to 23,267.77. 

Among the session’s top gainers, Al Masar Al Shamil Education Co. surged 9.99 percent to close at SR26.20, while Saudi Cable Co. jumped 9.98 percent to SR147.70.  
Cherry Trading Co. rose 4.18 percent to SR25.44, and United Carton Industries Co. advanced 4.09 percent to SR26.46. 

Al Yamamah Steel Industries Co. also posted solid gains, climbing 4.07 percent to end at SR32.70.  

On the downside, Emaar The Economic City led losses, slipping 3.55 percent to SR10.32, followed by Derayah REIT Fund, which fell 2.92 percent to SR5.31. 

Derayah Financial Co. declined 2.13 percent to SR26.62, while United International Holding Co. retreated 1.96 percent to SR155.20, and Gulf Union Alahlia Cooperative Insurance Co. eased 1.92 percent to SR10.70.  

On the announcements front, Red Sea International Co. said it signed a SR202.8 million contract with Webuild S.P.A. to provide integrated facilities management services for the Trojena project at Neom. 

The agreement covers operations and maintenance for the project’s Main Camp and Spike Camp, including accommodation and housekeeping, catering, security, IT and communications, utilities, waste management, fire safety and emergency response, as well as other supporting services.  

The contract runs for two years, with the financial impact expected to begin in the first quarter of 2026. Shares of Red Sea International closed up 0.99 percent at SR34.74. 

Al Moammar Information Systems Co. disclosed that it received an award notification from Humain to design and build a data center dedicated to artificial intelligence technologies, with a total value exceeding 155 percent of the company’s 2024 revenue, inclusive of VAT. 

The contract is expected to be formally signed in February 2026, underscoring the scale of the project and its potential impact on the company’s future revenues.  

MIS shares ended the session 2.82 percent higher at SR156.70, reflecting positive investor sentiment following the announcement.