Retail
Subscription
Advertise
  • Home
    • About Us
  • News
  • Transport
    • Air Cargo
    • Airlines
    • Maritime
    • Rail
    • Road
  • Ports
    • Airports
  • Materials Handling
    • Warehousing
  • Vehicles
    • Automobiles
    • Autonomous
    • Commercial
    • Construction
    • Truck & Fleet
  • E-commerce
  • Technology
    • Blockchain
    • IoT
    • Robotics
    • Telematics
  • Interviews
    • Analyses
    • Opinion
    • Outlook
    • View Point
  • Express Deliveries
  • Freight
  • FM
    • Waste Management
  • Expo 2020
  • Events
    • LIL Awards UAE 2023
    • LIL Summit KSA 2023
    • LIL Awards UAE 2022
No Result
View All Result
LogisticsGulfNews.com
No Result
View All Result

Saudi Arabia’s World Defense Show to generate SAR700 million economic impact

by Saee Joshi
April 19, 2023
in Events

Founded by the General Authority for Military Industries (GAMI), Saudi Arabia’s inaugural World Defense Show is set to have a major impact on the Kingdom’s local economy, according to a report by consultancy Ernst & Young (EY) –generating thousands of jobs plus an economic impact of SAR 700 million.

Saudi WorldDefense Show -supplied image

As Saudi Arabia looks to localize 50% of its military expenditure under national Vision 2030 objectives, the event – taking place in Riyadh from 6-9 March 2022 under the patronage of the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud – will unlock opportunities for international exhibitors and visitors to be part of the Kingdom’s growth.

According to the EY analysis, which considered factors ranging from daily visitor spend to imports and exports, World Defense Show will create SAR 700 million of economic activity by 2030.

The figures also suggest that 4,825 Saudi-based jobs will be directly supported by the show in sectors including hospitality, construction and transport.

World Defense Show will demonstrate Saudi Arabia’s defense ecosystem and capabilities, featuring local entities like show founder General Authority for Military Industries (GAMI), Ministry of Defense, Ministry of National Guard, Ministry of Interior, Presidency of State Security and WDS Strategic Partner Saudi Arabian Military Industries (SAMI).

With the vast majority of exhibition space allocated across the 800,000 sqm purpose-built venue, the event has attracted overwhelming interest from the global defense industry.

Multinational firms and start-ups across air, land, sea, space and security are set to exhibit and demonstrate their latest assets and technologies in an optimal networking environment for collaboration and innovation. Registration for industry professionals is available now through the World Defense Show website. All vetted international attendees will receive a complimentary multi-entry visa to Saudi Arabia – valid for one year – to facilitate progress and developments in the Kingdom’s defense industry post-show.

Want to stay updated on the latest industry news and trends? Subscribe today to receive your monthly news highlights directly in your inbox!

Tags: News
ShareTweetShareSend

Related Posts

Ahead of COP 28: SEE Institute’s 2030 net zero emissions building, inspires global climate action from the heart of The Sustainable City Dubai
Events

Ahead of COP 28: SEE Institute’s 2030 net zero emissions building, inspires global climate action from the heart of The Sustainable City Dubai

November 27, 2023
Abu Dhabi Chamber Supports Partnership of Abu Dhabi Finance Week 2023
Contribution

Abu Dhabi Chamber Supports Partnership of Abu Dhabi Finance Week 2023

November 21, 2023
EGA brings together major UAE industrial companies to further gender diversity in Challenger Programme
Contribution

EGA brings together major UAE industrial companies to further gender diversity in Challenger Programme

November 21, 2023
EGA hosts largest global aluminium technical forum in Dubai
Events

EGA hosts largest global aluminium technical forum in Dubai

November 10, 2023
Please login to join discussion

Search

No Result
View All Result

Recent News

Dubai Holding Announces participation At COP28 As Principal Pathway Partner

Dubai Holding Announces participation At COP28 As Principal Pathway Partner

December 1, 2023
Dubai Airports achieves sustainability milestone – cutting waste to landfills by 60%

Dubai Airports achieves sustainability milestone – cutting waste to landfills by 60%

December 1, 2023
Tamer Mölnlycke Care, a partnership between Tamer Group and the global company Mölnlycke, announces the development and enhancement of local products in Saudi Arabia

Tamer Mölnlycke Care, a partnership between Tamer Group and the global company Mölnlycke, announces the development and enhancement of local products in Saudi Arabia

November 30, 2023

LogisticsGulfNews.com, the niche media portal designed for the industry, is deeply committed to representing, serving and promoting the interests of the logistics and supply chain businesses in the region

Recent News

  • Dubai Holding Announces participation At COP28 As Principal Pathway Partner
  • Dubai Airports achieves sustainability milestone – cutting waste to landfills by 60%
  • Tamer Mölnlycke Care, a partnership between Tamer Group and the global company Mölnlycke, announces the development and enhancement of local products in Saudi Arabia

Contact Us

For Editorial Opportunities
editor@logisticsgulfnews.com

For Advertising Opportunities
info@logisticsgulfnews.com

AARYA Media FZC LLC
A- 5805-189, Business Club
Ajman Media City.
P.O Box 29127
Phone: +971 4 368 8464
Ajman- United Arab Emirates

  • About Us
  • Advertise
  • Subscription
  • Contact Us

©️ 2021 Logistics Gulf News. All rights reserved

No Result
View All Result
  • Home
    • About Us
  • News
  • Transport
    • Air Cargo
    • Airlines
    • Maritime
    • Rail
    • Road
  • Ports
    • Airports
  • Materials Handling
    • Warehousing
  • Vehicles
    • Automobiles
    • Autonomous
    • Commercial
    • Construction
    • Truck & Fleet
  • E-commerce
  • Technology
    • Blockchain
    • IoT
    • Robotics
    • Telematics
  • Interviews
    • Analyses
    • Opinion
    • Outlook
    • View Point
  • Express Deliveries
  • Freight
  • FM
    • Waste Management
  • Expo 2020
  • Events
    • LIL Awards UAE 2023
    • LIL Summit KSA 2023
    • LIL Awards UAE 2022

©️ 2021 Logistics Gulf News. All rights reserved