Money and Business

World Defence Exhibition in Riyadh: Strategic Agreements and Partnerships

The World Defence Exhibition is witnessing unprecedented momentum in the number of agreements signed and strategic partnerships announced, reflecting the growing stature of the Kingdom of Saudi Arabia as a pivotal hub on the global defense industry map. This dynamic activity is the culmination of concerted efforts aimed at strengthening the defense and security system and opening new horizons for international cooperation.

Vision 2030 and the localization of military industries

This momentum cannot be viewed in isolation from the broader context of Saudi Vision 2030 , which prioritizes the military industries sector. The General Authority for Military Industries (GAMI) is leading strategic efforts aimed at localizing more than 50% of the Kingdom's military spending by 2030. The exhibition represents the ideal platform to translate this vision into tangible reality by attracting foreign investment, transferring technology, and building a qualified national workforce to lead this vital sector.

The importance of the event and its regional and international impact

The World Defence Exhibition (WDE) derives its significance from being a comprehensive event that brings together the five defense sectors—land, sea, air, security, and space—under one roof. This integration gives the exhibition a unique competitive advantage, attracting major international companies and high-level official delegations. Internationally, the exhibition provides a fertile environment for exchanging expertise and showcasing the latest military technologies and artificial intelligence solutions in the defense field.

Regionally, the exhibition reinforces the Kingdom's leading role in maintaining security and stability in the region and opens effective communication channels between international manufacturers and end users in the Middle East. The partnerships signed during the exhibition have implications not only for the military sphere but also for significant economic returns, contributing to the diversification of national income sources and creating thousands of job opportunities for Saudi nationals. This underscores that the exhibition is as much an economic and developmental driver as it is a military event.

The future of defense industries

As global and local companies continue to flock to the exhibition, the World Defence Exhibition proves that it is not just a passing event, but a key driver for the future of the defence industries, where there is a strong focus on innovation, research and development, to ensure the sector is ready to face future security challenges efficiently and effectively.

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