Saudi Arabia seeks to build robust defense industry

Arab News
February 26, 2018

Riyadh, Feb 26: Gen. Abdul Rahman bin Saleh Al-Bunyan, chief of staff of the Saudi armed forces, inaugurated a major defense exhibition on Sunday on behalf of Crown Prince Mohammed bin Salman.

On behalf of Turkey, the guest-of-honor country at the Armed Forces Exhibition for Diversity of Requirements and Capabilities (AFED 2018), Prof. Ismail Demir, chief of the Turkish defense industry, participated in the inaugural ceremony.

The exhibition is an important government initiative. “Spread over seven days, AFED 2018 is showcasing the latest developments in military products and technology,” said Maj. Gen. Attiya Al-Maliki, an AFED spokesman. “This fourth edition of AFED shows an increase in the number of exhibitors and displayed products.”

Referring to the participation and achievements of the Saudi Arabian Military Industries (SAMI), the state-owned Saudi defense company, Dr. Andreas Schwer, SAMI chief executive, said: “Saudi Arabia is one of the top five countries in the world in terms of military spending, and the establishment of SAMI was an ambitious step as part of the country’s strategy to localize and globalize its military manufacturing industry.”

Schwer said: “SAMI’s participation will open up doors for future long-term partnerships, laying the cornerstone for SAMI to localize 50 percent of government military spending, and become one of the top 25 military industry companies in the world.

“With a strategic framework in place, SAMI aims to contribute around SR14 billion ($3.73 billion) directly to Saudi Arabia’s gross domestic product (GDP), increase the value of national exports by about SR5 billion, invest over SR6 billion for research and development, and create over 40,000 direct jobs locally, by the year 2030.”

Referring to the Turkish participation in AFED and the possibilities of a tie-up with Saudi companies, especially SAMI, Prof. Demir said: “Saudi Arabia announced that Turkey is the first guest-of-honor country at the AFED, making it an international exhibition, which has been held at the national level before. This decision reflects the deep historical relations and close cooperation between Turkey and Saudi Arabia,” he said, referring to the participation of 25 top-notch Turkish companies in the exhibition.

He added: “Within this framework, it is a pleasure for the leading Turkish defense industry firms, which have developed significant capabilities at designing and producing major defense platforms and systems in line with the procurement projects and needs of the Turkish armed forces, to demonstrate their products and capabilities at AFED 2018. The aims of AFED are to gather Turkish defense industry companies with their Saudi counterparts in order to seek and explore joint production opportunities and deepen the already strong cooperation between the two countries within the framework of Vision 2030.”

Prof. Demir said that the high participation and strong interest of the Turkish defense industry firms in the exhibition demonstrated their sincere will and importance attached to cooperation with Saudi Arabia. As a result of large investments in the defense industry of Turkey, the number of the country’s defense projects has reached 600 at a size of $60 billion, and the defense industry has reached a production capacity of more than $6 billion per year and an export capacity of $2 billion as of today.

Several ministers and diplomats including Minister of Labor and Social Development Ali Al-Ghafis, Minister of Communications and Information Technology Abdullah A. Al-Sawahah; and Turkish Ambassador Erdogan Kok attended the inaugural ceremony.

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News Network
May 19,2020

Abu Dhabi: The United Arab Emirates today reported 873 new coronavirus cases, pushing the total number of COVID-19 infections in the country to 25,063.

Three more people have died from the virus, bringing the total death toll to 227, the ministry revealed, adding that a total of 1,214 COVID-19 patients have made full recovery, which takes the overall number of patients recovered to 10,791.

The latest coronavirus patients, all of whom are in a stable condition and receiving the necessary care, were identified after conducting more than 38,000 additional COVID-19 tests among UAE citizens and residents over the past few days, the ministry said.

It expressed its sincere condolences to the families of the deceased and wished a speedy recovery to all patients, calling on the public to cooperate with health authorities and comply with all precautionary measures, particularly social distancing protocols, to ensure the safety and protection of the public.

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News Network
June 20,2020

Riyadh, Jun 20:  Speaking at an exclusive webinar organized by the London Business School’s (LBS) Riyadh Chapter, Saudi Arabia’s first sports minister Prince Abdulaziz Bin Turki Al Faisal proudly reflected back on his nation’s sports achievements over the last few years.

Attended by over 170 people, the highest record set at an LBS webinar, various topics were discussed including the Kingdom’s sports strategy, investment opportunities, role of the media and advantages of hosting international sporting events, among other things.

Saudi Arabia has recently presented itself as one of the major players in the global sports industry thanks to its transformative Vision 2030, which aims to diversify the economy and create a more vibrant society.

Recognizing the importance of the vision, Prince Abdulaziz said: “Vision 2030 is something we all believe in. Everywhere you go within the Kingdom, you feel that people are passionate about the vision and its targets. Sport is part of it, and it has a big role in it.”

At the heart of the newly created Ministry of Sport’s strategy is increasing mass participation across all types of sports and preparing the next generation of elite athletes capable of competing on the international stage.

The ambitious prince asserted, “We want to make sure that we create an ecosystem that is sustainable, creates jobs, income and provides a lot of opportunities for everyone. We are creating academies around the Kingdom for kids to get into sports to make sure we have a base for them to start off from.”

Over 50 questions were addressed during the open and transparent webinar, a reflection of the attitude and culture the prince is creating at the Ministry. He admitted that while Saudi Arabia is a nation bound by a love and passion for sport, until recently sports has been looked at as a tool for entertainment rather than an important industry.

One of his key goals is to shift this mentality. Hosting major sports events has greatly contributed in doing so, he is a strong believer of their long-lasting impact and legacy.

“These events will shed light on enlightening people about certain sports and making sure they get attracted by it and enjoy it. From these events that we hosted, we found out there’s interest for tennis, golf, and boxing.”

“We will continue to host these events to make sure that people enjoy them as entertainment but to also make sure that people are passionate about these sports get to watch them live in the Kingdom and hopefully from that get someone passionate enough to participate,” he explained.

A former professional motorsports racer, Prince Abdulaziz was appointed chairman of the then-General Sports Authority at the start of 2019 after holding the position of vice chairman for the previous two years. Under his leadership, the Ministry of Sport doubled the number of its ever-growing sports federations and invested heavily at the grassroots level.

When asked about the significance of such investments, he said: “We give them [athletes] an opportunity to compete under the name of the Kingdom, to shine and make sure there’s a future for them. Today we look at a holistic view of sports. We use it to change certain mindsets and restrictions within the Kingdom to make sure we can evolve within the industry and complete against leading countries.”

The Riyadh Chapter of the London Business School aims to increase engagement and opportunities for LBS alumni in the Kingdom and to develop stronger ties that help build a better future for the business community.

Co-presidents Majed Al Hugail and Faris Al Shareef expressed their delight in hosting Prince Abdulaziz for the first time by saying: “The webinar was very insightful to the elite group of LBS alumni both locally and internationally. It helped them further understand how the Ministry is reshaping the sports sector as part of Vision 2030.

“The session left many of the attendees with a great sense of appreciation of the Ministry’s support to the community, an area where stronger partnerships can potentially be explored for the country and region’s benefits.”

In line with new progressive government policies, a lot of attention and investment has geared towards the inclusion of women in sports on both the elite and amateur levels.

When asked by an audience member about this matter, the sports leader proudly replied by saying: “We’ve seen an increase of active women participation in sports by about 149% from 2015 till today. Only five years ago, women were not allowed to participate in the street but it’s a completely different ball game today.”

A testament to this great progress is the participation of 22 women’s national teams in competitive regional games across a wide range of sports in recent years, in addition to newly incepted Women’s Football League.

Among the topics discussed during the 1-hour long webinar was the Ministry’s journey towards the privatization of some of its assets.

Highlighting the significant role that the private sector contributes towards future growth and development, the Minister said: “The private sector is a fundamental aspect for the evolution of sports within the Kingdom and anywhere else in the world. We have to make sure that the platform is open for the private sector to come in and play its role in increasing the number of participants and to add the number of clubs within the Kingdom.”

He continued: “It is our role to provide the right regulatory process. Today we are ready with a platform to make sure that we can deliver on this for the private sector and for the public. This will add towards the evolvement and the development of sports within the Kingdom.”

Saudi Arabia’s successful hosting of high-profile sports events attracted thousands of locals and visitors; it now has bigger plans to cement its strong position in the global sports industry. Among these plans include bids for two of the continent’s most sought after competitions, the 2027 AFC Asian Cup and 2030 Asian Games.

When asked about the reason behind them, he was confident in his response highlighting that Saudi Arabia has celebrated multiples trophies and medals in the past, but this is the first time that they’re aiming to host the events.

“It is time to do so. It’s unheard of that you win a competition but don’t host it. Saudi should host these events and we are capable of hosting them as a nation. It is something that our people are very passionate about, they love it and follow it. It will showcase what Saudi can do on the Asian front.”

Prince Abdulaziz recognizes Saudi Arabia’s recent sporting achievements, but he remains humble on his mission to use sports as a tool to tell his country’s story to the world and build a healthier, more vibrant society capable of nurturing athletes who can compete on the elite level for many years to come.

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KT
June 15,2020

Dubai, Jul 15: His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, announced the launch of a 'New Media Academy in Dubai on Monday - a new institution that will train people on the science of digital media.

Taking to Twitter, Sheikh Mohammed said that new media is a new science that has its own set of special tools and secrets, and that the future cadres of UAE must be at the forefront of it.

"The academy will prepare new experts and managers in the field of communication in government and private institutions, as well as training professional social media influencers", Sheikh Mohammed tweeted, adding that the new media is providing new job opportunities and careers today, and will always be a main supporter in the journey of development.

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