Saudi Arabia Unveils Its Defense Innovations At EUROSATORY 2024 In Paris

Paris, SPA—The General Authority for Military Industries (GAMI) Governor Ahmad Abdulaziz Al-Ohali officially opened the Saudi Arabia pavilion at the Global Event for Defense and Security EUROSATORY 2024 in Paris. The ceremony was attended by Assistant Minister of Defense Eng. Talal bin Abdullah Al-Otaibi, Saudi Ambassador to France Fahd bin Mayouf Al-Ruwaili, as well as other officials, investors, and decision-makers in the defense and security sector, GAMI said in a statement.

Eng. Al-Ohali received a briefing on the main exhibits and products of the national entities participating in the Saudi pavilion. He listened to a detailed explanation of the latest developments and achievements in the military industries sector. The Ministry of Investment represented by the Invest Saudi platform (INVEST SAUDI), the General Authority for Defense Development (GADD), and several major Saudi national institutions and companies specialized in military industries were present.

The participating entities included Saudi Arabian Military Industries (SAMI), Saudia Technic, Life Shield for military industries, Scopa Industries, Arabian International Co. for Steel Structures (AIC Steel), Saudi Leather Industries Company (SLIC), Al-Esnad for Military Supplies (AL-ESNAD), Khidmat Ray Manufacturing Co. (KRMC), and the World Defense Show (WDS).

These entities highlighted the rapid steps taken by military industries to continue localizing and empowering the sector. The sector is rich in local capabilities that meet the practical needs of military agencies within the framework of its rapid growth in attracting quality investments that will help develop a thriving economy and sustainable industry.

The GAMI governor noted that the Kingdom’s strategic participation aims to empower companies operating in the defense and security sector to meet with investors interested in quality opportunities. This is achieved by highlighting the attractive investment environment, discussing international cooperation prospects with major regional and international companies, and activating and supporting qualitative partnerships between local companies operating in the sector and their counterparts from specialized global defense and security industries.

The military industries sector in the Kingdom, represented by GAMI and its strategic partners from government and private sectors, seeks to enhance cooperation and exchange knowledge and expertise. This collaborative effort aims at achieving the sector's strategic goal of localizing over 50% of the Kingdom's spending on military equipment and services by 2030.

With inputs from SPA