Saudi Press

Saudi Arabia and the world
Tuesday, Jun 24, 2025

Saudi Arabia to showcase defense sector investment opportunities at IDEX 2023 

Saudi Arabia to showcase defense sector investment opportunities at IDEX 2023 

Saudi Arabia’s General Authority for Military Industries will lead the Kingdom’s pavilion at the 16th edition of the International Defense Exhibition in Abu Dhabi, where it will showcase potential investment opportunities in the sector.
Saudi Arabia’s showcase at IDEX 2023 – held from Feb. 20-24 at the Abu Dhabi National Exhibition Center – will help build new partnerships as the Kingdom expands its global footprint in the defense industry, according to a press release.

During the exhibition, the Saudi delegation will present global investors with a unique opportunity to connect with officials from the Saudi Ministry of Interior and the Ministry of Investment, the World Defense Show, and the 14 private sector entities that operate in the sector in the Kingdom.

“After an active 2022 that took us to London, Dubai and Washington DC to meet with global investors, we are happy to kick off the new year here at IDEX 2023,” said GAMI in a statement.

The authority added: “Saudi Arabia is home to one of the most rapidly developing defense sectors in the world and we are keen to develop partnerships and promote international investment to continue to advance toward our goal of localizing more than 50 percent of defense expenditure by the year 2030.”

GAMI is playing a crucial role in facilitating an attractive business climate for companies to come and operate in the Kingdom.

The authority’s ambition to localize more than 50 percent of Saudi Arabia’s defense expenditure has led to a supply chain localization program identifying more than 70 investment opportunities across six domains within the Kingdom worth billions of dollars, the press release added.

GAMI has confirmed the second edition of the World Defense Show will be held on Feb. 4 to 8, 2024, with an aim to provide a platform to exchange knowledge and technology for local and international firms.

The first edition of WDS, which was conducted in Riyadh in 2022, attracted 600 exhibitors and over 100 military delegations from 42 participating countries, as well as more than 65,000 visits overall.
Newsletter

Related Articles

Saudi Press
0:00
0:00
Close
Explosions Rock Doha as Iranian Missiles Target Qatar
“You Have 12 Hours to Flee”: Israeli Threat Campaign Targets Surviving Iranian Officials
Oman Set to Introduce Personal Income Tax, First in Gulf
Germany and Italy Under Pressure to Repatriate $245bn of Gold from US Vaults
Iran Intensifies Crackdown on Alleged Mossad Operatives After Sabotage Claims
Trump Praises Iran’s ‘Very Weak’ Response After U.S. Strikes and Presses Israel to Pursue Peace
WATCH: Israeli forces show the aftermath of a massive airstrike at Iran's Isfahan nuclear site
We have new information and breaking details to share about what is shaping up to be a historic air campaign tonight
Six Massive Bombs Dropped on Fordow; Trump: 'A Historic Moment for the U.S., Israel, and the World'
Fordow: Deeply Buried Iranian Enrichment Site in U.S.–Israel Crosshairs
United States Conducts Precision Strikes on Iran’s Nuclear Sites
US strikes Iran nuclear sites, Trump says
Pakistan to nominate Trump for Nobel Peace Prize.
Israel Confirms Assassination of Quds Force Commander in Tehran
16 Billion Login Credentials Leaked in Unprecedented Cybersecurity Breach
Senate hearing on who was 'really running' Biden White House kicks off
G7 Leaders Fail to Reach Consensus on Key Global Issues
Mass exodus in Tehran as millions try to flee following Trump’s evacuation order
Iranian Military Officers Reportedly Seek Contact with Reza Pahlavi, Signal Intent to Defect
Vietnam Emerges as Luxury Yacht Destination for Ultra‑Rich
China's Iranian Oil Imports Face Disruption Amid Escalating Middle East Tensions
Trump Demands Iran's Unconditional Surrender Amid Escalating Conflict
Israeli Airstrike Targets Iranian State TV in Central Tehran
President Trump is leaving the G7 summit early and has ordered the National Security Council to the Situation Room
Netanyahu Signals Potential Regime Change in Iran
Analysts Warn Iran May Resort to Unconventional Warfare
Iranian Regime Faces Existential Threat Amid Conflict
Energy Infrastructure Becomes War Zone in Middle East
Iran Conducts Ballistic Missile Launches Amid Heightened Tensions with Israel
Iran Signals Openness to Nuclear Negotiations Amid Ongoing Regional Tensions
Shock Within Iran’s Leadership: Khamenei’s Failed Plan to Launch 1,000 Missiles Against Israel
Trump's Anti-War Stance Tested Amid Israel-Iran Conflict
UK Deploys Jets to Middle East Amid Rising Tensions
Exiled Iranian Prince Reza Pahlavi Urges Overthrow of Khamenei Regime
Wreck of $17 Billion San José Galleon Identified Off Colombia After 300 Years
Iran Launches Extensive Missile Attack on Israel Following Israeli Strikes on Nuclear Sites
Israel Issues Ultimatum to Iran Over Potential Retaliation and Nuclear Facilities
Black Box Recovered from Air India Crash Site
Coinbase CEO Warns Bitcoin Could Supplant US Dollar Amid Mounting National Debt
Trump to Iran: Make a Deal — Sign or Die
Operation "Like a Lion": Israel Strikes Iran in Unprecedented Offensive
Israel Launches 'Operation Rising Lion' Targeting Iranian Nuclear and Military Sites
Israeli Forces Intercept Gaza-Bound Aid Vessel Carrying Greta Thunberg
IMF Warns of Severe Global Trade War Impacts on Emerging Markets
Syria to Reconnect to Global Economy After 14 Years of Isolation
Israel Confirms Arming Gaza Clan to Counter Hamas Influence
Global News Roundup: From Ukraine's strategic military strikes and Russia's demands and Tensions Escalate in Ukraine, to serious legal issues faced by Britons in Bali and Trump's media criticism, the latest developments highlight a turbulent landscape
U.S. Reduces Military Presence in Syria
Trump Demands Iran End All Uranium Enrichment in Nuclear Talks
Iran Warns Europe Against Politicizing UN Nuclear Report
×