- The Saudi Arabian pavilion was introduced at the Global Event for Defense and Security EUROSATORY 2024 in Paris by the General Authority for Military Industries (GAMI) Governor Ahmad Abdulaziz Al-Ohali.
- The event was attended by officials, investors, and decision-makers in the defense and security sectors, including the Assistant Minister of Defense and the Saudi Ambassador to France.
- The Saudi pavilion showcased exhibits and items from various national entities and companies specializing in military industries, highlighting the sector's rapid growth and localization efforts.
"On 18 June 2024, in Paris, Governor Ahmad Abdulaziz Al-Ohali of the General Authority for Military Industries opened a pavilion that was Saudi Arabian in nature during EUROSATORY 2024, which is an international event for defense and security." The message withdrawn read. GAMI reports that the Assistant Minister of Defense, Eng. Talal bin Abdullah Al-Otaibi, the Saudi Ambassador to France, Fahd bin Mayouf Al-Ruwaili, and other officials, investors, and decision-makers in the defense and security sectors attended the event.According to GAMI, the national entities represented at the Saudi pavilion provided Eng. Al-Ohali with an overview of the most important exhibits and items on display. The Ministry of Investment, through the Invest Saudi platform (INVEST SAUDI), the General Authority for Defense Development (GADD), and several major Saudi national institutions and companies that specialize in the military industries spoke to him and provided him with a comprehensive explanation of the most recent developments and accomplishments in the sector of military industries. He listened to this explanation. This category includes companies such as 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).In the context of the sector's rapid growth in attracting quality investments that will help develop a thriving economy and sustainable industry, the entities that participated in the Saudi Pavilion emphasized the rapid steps taken by military industries to continue localizing and empowering the sector. Thanks to the sector's rapid growth, it is rich in local capabilities that meet the practical needs of military agencies. The governor of GAMI noted in a statement that the Kingdom's strategic engagement aims to connect military and security firms with investors interested in the high-quality opportunities this industry offers. Activating and supporting qualitative partnerships between local companies operating in the sector and their counterparts from specialized global defense and security industries is one way to accomplish this goal. Other ways include highlighting the attractive investment environment, discussing international cooperation opportunities with major regional and international companies, and highlighting the opportunities for international cooperation. GAMI and its strategic partners from the public and private sectors represent the Kingdom's military industries sector, which aims to enhance cooperation and exchange information and skills. The purpose of this concerted effort is to achieve the sector's strategic objective, which is to generate more than fifty percent of the Kingdom's expenditures on military equipment and services over the next thirty years.
