Saudi Press

Saudi Arabia and the world
Wednesday, Jun 04, 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
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
Paris Saint-Germain's Greatest Triumph Is Football’s Lowest Point
OPEC+ Agrees to Increase Oil Output for Third Consecutive Month
Turkey Detains Istanbul Officials Amid Anti-Corruption Crackdown
Meta and Anduril Collaborate on AI-Driven Military Augmented Reality Systems
EU Central Bank Pushes to Replace US Dollar with Euro as World’s Main Currency
European and Arab Ministers Convene in Madrid to Address Gaza Conflict
U.S. Health Secretary Ends Select COVID-19 Vaccine Recommendations
Trump Warns Putin Is 'Playing with Fire' Amid Escalating Ukraine Conflict
India and Pakistan Engage Trump-Linked Lobbyists to Influence U.S. Policy
U.S. Halts New Student Visa Interviews Amid Enhanced Security Measures
Trump Administration Cancels $100 Million in Federal Contracts with Harvard
SpaceX Starship Test Flight Ends in Failure, Mars Mission Timeline Uncertain
King Charles Affirms Canadian Sovereignty Amid U.S. Statehood Pressure
Iranian Revolutionary Guard Founder Warns Against Trusting Regime in Nuclear Talks
UAE Offers Free ChatGPT Plus Subscriptions to Citizens
Lebanon Initiates Plan to Disarm Palestinian Factions
Iran and U.S. Make Limited Progress in Nuclear Talks
The Daily Debate: The Fall of the Dollar — Strategic Reset or Economic Self-Destruction?
Trump Administration's Tariff Policies and Dollar Strategy Spark Global Economic Debate
OpenAI Acquires Jony Ive’s Startup for $6.5 Billion to Build a Revolutionary “Third Core Device”
Turkey Weighs Citizens in Public as Erdoğan Launches National Slimming Campaign
Saudi-Spanish Business Forum Commences in Riyadh
Saudi Arabia and Spain Sign MoU to Boost SME Sectors
UK Suspends Trade Talks with Israel Amid Gaza Offensive
Iran and U.S. Set for Fifth Round of Nuclear Talks Amid Rising Tensions
Russia Expands Military Presence Near Finland Amid Rising Tensions
Indian Scholar Arrested in Crackdown Over Pakistan Conflict Commentary
Israel Eases Gaza Blockade Amid Internal Dispute Over Military Strategy
President Biden’s announcement of advanced prostate cancer sparked public sympathy—but behind closed doors, Democrats are in panic
A Chinese company made solar tiles that look way nicer than regular panels!
Indian jet shootdown: the all-robot legion behind China’s PL-15E missiles
The Chinese Dragon: The True Winner in the India-Pakistan Clash
Australia's Venomous Creatures Contribute to Life-Saving Antivenom Programme
The Spanish Were Right: Long Working Hours Harm Brain Function
Did Former FBI Director Call for Violence Against Trump? Instagram Post Sparks Uproar
US and UAE Partner to Develop Massive AI Data Center Complex
Apple's $95 Million Siri Settlement: Eligible Users Have Until July 2 to File Claims
US and UAE Reach Preliminary Agreement on Nvidia AI Chip Imports
President Trump and Elon Musk Welcomed by Emir of Qatar Sheikh Tamim with Cybertruck Convoy
Strong Warning Issued: Do Not Use General Chatbots for Medical, Legal, or Educational Guidance
Saudi Arabia Emerges as Global Tech Magnet with U.S. Backing and Trump’s Visit
This was President's departure from Saudi Arabia. The Crown Prince personally escorted him back to the airport.
NVIDIA and Saudi Arabia Launch Strategic Partnership to Establish AI Centers
Trump Meets Syrian President Ahmad al-Shara in Historic Encounter
Trump takes a blow torch to the neocons and interventionists while speaking to the Saudis
US and Saudi Arabia Sign Landmark Agreements Across Multiple Sectors
×