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  • Saudi defense sector celebrates 70 years of growth at IDEX 2023

    With 100% foreign investment ownership now allowed, Saudi Arabia's defense sector is becoming ever more attractive as the country positions itself as an ideal investment destination for defense industrialization ecosystem. The number of GAMI licensed companies soared by 78% in 2022 and reached 192 while 342 new establishment permits and military industrial licenses were also issued. These licenses are associated with a projected investment volume over the next 5 years of USD 11.47 billion as of end of 2022.

  • As US worries over Beijing’s influence in Middle East, Chinese defense firms flock to IDEX 2023

    From armed drones to supersonic cruise missiles, China’s defense industry turned out in force with offerings at this year’s International Defense Exhibition in Abu Dhabi, United Arab Emirates, at a time US officials are concerned about Beijing’s influence in the Middle East. While not close to the more than 100 exhibitors that came here from the US, dozens of Chinese firms are at IDEX 2023, some with prime locations on the show floor, others in a dedicated Chinese pavilion and more still in smaller booths that line concourses, advertising everything from mobile missile launchers to body armor.

  • World Defense Show to make Riyadh return in 2024

    The inaugural event attracted 65,000 trade visitors, more than 600 exhibitors, and was held in 35,000 square meters of exhibition space.

  • At IDEX 2023, GM Defense inks partnership ‘expanding… reach’ in Middle East

    GM Defense said the MOU is a part of its strategic plan to expand its footprint in the region and includes opportunities related to cooperative research and development, regional production and assembly, and post-production support and global logistics. When it comes to key technology areas or interest, the deal centers around integrated vehicles, power and propulsion (including fuel cell and power generation), and autonomy and connectivity.

  • World Defense Show reaffirms strategic partnership with Saudi Arabia’s military industries in five-year deal

    The World Defense Show, which will be held on Feb. 4-8, 2024, has extended its partnership with Saudi Arabian Military Industries as its national strategic partner for the event’s next three events. Following the successful inaugural edition in 2022 that saw SR29.7 billion ($7.916 million) worth of deals being signed, the second event will be held next year, with an aim to provide a platform to exchange knowledge and technology for local and international firms operating in the defense sector. SAMI’s objectives are aligned with the World Defense Show’s efforts to support localizing more than 50 percent of its defense spending by 2030, as outlined in the Saudi Vision 2030, a press statement read.

  • Iran says drone attack targets defense facility in Isfahan

    Bomb-carrying drones targeted an Iranian defense factory in the central city of Isfahan overnight, authorities said early Sunday, causing some damage at the plant amid heightened regional and international tensions engulfing the Islamic Republic. The Iranian Defense Ministry offered no information on who it suspected carried out the attack, which came as a refinery fire separately broke out in the country’s northwest and a 5.9 magnitude earthquake struck nearby, killing three people.

  • Commentary: What US’ New Defense Budget Means For The Middle East

    The secretary of defense has called for the creation of a strategy aimed at supporting regional air defense networks in the Middle East to protect the US’ allies and partners from missile attacks from Iran and its proxies. The aim is to implement an integrated air and missile defense structure to protect the people, infrastructure and territory of these countries.

  • Saudi Arabia has transformed its cyber defenses, but businesses need to do more: Kaspersky CEO

    Eugene Kaspersky, CEO and cofounder of Kaspersky, an IT security company with 4,000 employees, told Arab News in an exclusive interview that governments should introduce regulations for cybersecurity systems and require businesses to adhere to the related guidelines in the same way they do for fire hazards regulations.

  • U.S. Senate passes record $858 billion defense act, sending bill to Biden

    The U.S. Senate passed legislation on Thursday authorizing a record $858 billion in annual defense spending, $45 billion more than proposed by President Joe Biden, and rescinding the military's COVID vaccine mandate. Senators supported the National Defense Authorization Act, or NDAA, an annual must-pass bill setting policy for the Pentagon, by an overwhelming 83-11 bipartisan majority. The no votes came from a mix of liberals who object to the ever-rising military budget and fiscal conservatives who want tighter controls on spending.

  • Saudi Arabia’s Prince Khalid in Britain to strengthen defense ties

    Saudi Arabia’s Minister of Defense Prince Khalid bin Salman met with his British counterpart Ben Wallace for official talks in London on Tuesday, the official Saudi Press Agency (SPA) reported. Wallace welcomed Prince Khalid at the Royal Cavalry Guard Square in London, where an official reception was held in the Saudi defense minister’s honor.