Saudi Military Industry Flourishes: Localization Surge to 13.6%

[ad_1] The Saudi government is starting to see positive results from its efforts to boost the military, defense, and security industries. The localization rate of the sector has jumped from 4% to 13.6% by the end of 2022, a significant increase of 9.6%.Furthermore, 477 licenses were issued for the establishment of 265 companies.In Riyadh, Defense […]

‘Made in Saudi’: Nahdi drives localization of pharma industry

[ad_1] The inaugural edition of Jeddah Construct, the largest construction event in the western province, opened its doors, welcoming visitors until Oct. 1 at the Jeddah International Exhibition and Convention Center. Powered by Big 5 Construct Saudi, the event was opened by a delegation from the Jeddah Center for Exhibitions and Events, with […]

Saudi Arabia’s defense sector localization a major success story

[ad_1] Saudi Arabia’s defense sector localization a major success story The Saudi Falcons aerobatic flight team performs at the World Defense Show 2024, Riyadh. Feb. 4, 2024 (File/AFP) A key feature of this month’s second World Defense Show in Riyadh, among regional and international guests alike, was Saudi Arabia’s efforts to emerge as a global […]

SAMI’s and GAMI’s localization progress on display

[ad_1] The Saudi Arabian Military Industries (SAMI) and the General Authority for Military Industries (GAMI) unveiled new defense systems and signed cooperation agreements with foreign defense companies at the World Defense Show in Riyadh between 4-8/2/2024. WDS 2024 provided an opportunity to catalog and analyze SAMI’s and GAMI’s progress in localizing defense technology in the […]