Investment Ministry to Forge Global Partnerships at 2025 INNOPROM Expo in Russia
Under the 'Invest Saudi' banner, the Ministry's delegation is headed by Assistant Minister of Investment, Dr. Abdullah Aldubaikhi, along with senior ministry officials. Their mission: to identify industrial investment opportunities and cultivate strategic global partnerships.
The Ministry's participation aligns with Saudi Vision 2030, aiming to strengthen the Kingdom's presence on key international industrial stages. It also highlights its progress in building a competitive and investor-friendly environment.
Throughout the exhibition, the Ministry will host bilateral meetings, dialogue sessions, workshops, and a roundtable discussion connecting investors with key figures from Saudi Arabia's and Russia's industrial sectors. Delegates will also embark on field visits to major Russian industrial facilities to encourage knowledge exchange and foster cross-border industrial collaboration.
Additionally, INNOPROM is recognized as one of the world's leading industrial expos, drawing participants from over 60 countries and showcasing advancements in manufacturing technologies, industrial services, machine building, metal industries, and automation.
Finally, Saudi Arabia's presence at INNOPROM reaffirms its dedication to advancing industrial investment, expanding international cooperation, and driving sustainable industrial development.
Related Topics :
A Top Concern for Voters Worldwide: Is Migration a Serious Problem?
King Salman Congratulates Sri Lankan President on National Day
Insulators Installed in Farasan Islands Reserve to Protect Birds
Saudi FM Takes Part in GCC Ministerial Meeting in Kuwait
Short link :
Post Views: 6
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Leaders
2 hours ago
- Leaders
Brazil Hosts BRICS Summit, Seeks to Avoid Provoking U.S. Under Trump
Brazil will host the BRICS summit of emerging economies Sunday and Monday, navigating sensitive issues such as Israel's recent attack on Iran, the humanitarian crisis in Gaza, and U.S. trade tariffs under former President Donald Trump with notable caution. Analysts and diplomats highlight challenges to BRICS' unity following its expansion last year, which doubled its membership and complicated efforts to position the bloc as a new global power center. The summit's restrained agenda is widely seen as a deliberate effort by member states to steer clear of provoking Trump's administration. Brazilian President Luiz Inácio Lula da Silva is prioritizing topics like artificial intelligence and climate change, even as several key leaders will be absent from the talks. China's President Xi Jinping will miss the BRICS summit for the first time since assuming office in 2012, while Russian President Vladimir Putin will participate via video link amid an international arrest warrant linked to Russia's invasion of Ukraine. Careful Language on Controversial Issues The Rio de Janeiro summit marks a contrast with last year's more confrontational meeting in Russia, where Moscow pushed to create alternatives to U.S.-dominated payment systems as a means to sidestep Western sanctions. A source involved in the summit's preparation, speaking anonymously, said some members have sought stronger language condemning the Gaza crisis and Iran-related tensions, but Brazil aims to keep discussions technical and low-profile. Oliver Stuenkel, a political science professor at Brazil's Getulio Vargas Foundation, expects the final statement to be deliberately vague on Ukraine and Middle Eastern conflicts. The absence of Putin and Xi, who favor a tougher anti-Western stance, is likely to soften the summit's tone, contrasting with Brazil and India's preference for a non-aligned approach. A Brazilian official told Reuters the group plans to issue three joint statements and a final declaration, all tempered to avoid escalating geopolitical tensions. João Alfredo Nyegray, a geopolitics expert at the Pontifical Catholic University of Paraná, said the summit had the potential to offer an alternative voice amid global instability but is hampered by the withdrawal of Egypt's President Abdel Fattah al-Sisi and uncertain representation from Iran, Saudi Arabia, and the UAE. 'This moment calls for high-level coordination, but instead we see fragmentation,' Nyegray noted. Brazil Cautious Amid U.S. Trade Concerns As chair of BRICS, Brazil has outlined six strategic priorities: healthcare cooperation, trade and investment, climate change, governance of artificial intelligence, peace and security, and institutional development. The emphasis on less contentious topics like intra-BRICS trade and global health reflects Brazil's cautious approach after Trump's return to the White House. Ana Garcia, a professor at the Federal Rural University of Rio de Janeiro, said Brazil is keen to avoid antagonizing the Trump administration to protect its economy from tariff retaliation. Trump has threatened to impose 100% tariffs on BRICS countries should they challenge the dominance of the U.S. dollar — a risk Brazil is working hard to avoid, even as it continues to call for reform of Western-led global institutions. Key Leaders Absent as BRICS Expands Iranian President Masoud Pezeshkian and Egypt's Abdel-Fattah el-Sissi will also be absent. Both countries joined BRICS in 2024 alongside Ethiopia, Indonesia, and the UAE. Saudi Arabia, invited to participate in discussions, has yet to confirm its membership. With the bloc now including 10 strategic partners — such as Belarus, Cuba, and Vietnam — Brazil has added 'institutional development' to the agenda to manage the group's rapid growth and improve cohesion. Despite the absences, the summit remains a critical forum for emerging economies to explore alternatives amid geopolitical and economic uncertainty caused by Trump-era trade policies, according to Bruce Scheidl, a BRICS expert at the University of Sao Paulo. For Lula, the summit offers a respite from domestic political challenges, including declining popularity and tensions with Congress. It also provides a platform to advance climate negotiations ahead of the COP30 talks scheduled for November in Belém, Brazil. Related Topics: Brazil to Host Next BRICS Summit in Rio de Janeiro Saudi Arabia's Entry into BRICS: What Does It Mean for the Global South? Russian First Deputy PM Comments on Saudi Arabia Joining BRICS Short link : Post Views: 158
Leaders
2 hours ago
- Leaders
Saudi Arabia Inaugurates New Embassy Building in Moscow
Saudi Arabia's Minister of Foreign Affairs Prince Faisal bin Farhan inaugurated the new building of the Saudi Arabia's Embassy in the Russian capital, Moscow on Saturday, according to the Saudi Press Agency. The inauguration ceremony witnessed the attendance of Assistant Minister of Foreign Affairs Abdulhadi Al-Mansouri, Deputy Minister for Political Affairs Dr. Saud Al-Sati as well as Saudi Ambassador to Russia Abdulrahman Al-Ahmad. Deputy Minister for Projects and Assets Eng. Khalid Al-Rumaih and other ministry officials also attended the meeting. Prince Faisal unveiled the commemorative plaque and toured the new headquarters' facilities, departments and services. The opening of the new building stands as a testament to the ministry's commitment to offering modern and outstanding real estate assets and providing high-quality services to citizens and visitors abroad. On Friday, Prince Faisal held an official meeting on Friday with his Russian Counterpart Sergey Lavrov during an official visit to Moscow. Both ministers discussed bilateral relations and cooperation between their countries and peoples and also explored ways to further boost their ties. Prince Faisal also commended the strong Saudi-Russian relations and the increasing numbers of tourists between both countries. 'We hope that the visa exemption agreement will significantly foster tourism cooperation and expand direct flights between both countries,' Prince Faisal added. He also praised the constructive consensus between the two countries, emphasizing their joint efforts to address global challenges in the energy sector. Related Topics: Putin Grateful to Saudi Arabia for Hosting US-Russia Talks Rubio Applauds Saudi Crown Prince for Pivotal US-Russia Peace Talks Saudi-hosted US-Russia Talks were 'Successful': Russia's Top Foreign Policy Advisor Short link : Post Views: 8 Related Stories
Saudi Gazette
8 hours ago
- Saudi Gazette
New Saudi embassy building inaugurated in Moscow
Saudi Gazette report RIYADH — Minister of Foreign Affairs Prince Faisal bin Farhan inaugurated on Saturday the new building of the Embassy of Saudi Arabia in the Russian capital Moscow. The inaugural ceremony was attended by Assistant Minister of Foreign Affairs Abdulhadi Al-Mansouri, Deputy Minister for Political Affairs Dr. Saud Al-Sati, Ambassador of Saudi Arabia to Russia Abdulrahman Al-Ahmad, and Deputy Minister for Projects and Assets Eng. Khalid Al-Rumaih, along with a number of ministry officials. Upon arrival at the embassy, Prince Faisal unveiled a commemorative inauguration plaque and toured the new premises to view its facilities and departments, following the completion of its furnishing works. The opening of the new building comes as part of the Ministry of Foreign Affairs' ongoing efforts to provide modern and distinguished real estate assets that reflect a strong commitment to delivering high-quality services to citizens and visitors abroad. This initiative is part of a broader vision aimed at enhancing diplomatic performance and boosting the operational efficiency of Saudi missions worldwide.
