
World Defense Show 2026 sells 90% of exhibitor space
Andrew Pearcey, CEO of the WDS, said: 'The overwhelming demand for exhibition space is a testament to the show's growing reputation as a must-attend event for those shaping the next era of defense and global security.'
He said the presence of WDS officials at the recent International Defence Industry Fair provided 'an excellent opportunity to connect with key industry players and highlight the remarkable progress we've made in preparing for WDS 2026.'
Pearcey was speaking at IDEF 2025 last week in Istanbul where the team met with key Turkish defense stakeholders.
Expanded from its first and second editions, the WDS will feature several new sections, with an additional hall increasing floor space to 273,000 sq. meters, more than 58 percent larger than the first edition in 2022.
Held under the theme 'The Future of Defense Integration,' the WDS will showcase the latest advancements across all five defense domains — air, land, sea, space, and security.
The show is expected to feature exhibitor participation from 80 countries, including new participants Japan, Portugal, Uzbekistan and Finland.
Turkiye is the third largest participating country, with Turkish exhibitors currently occupying 4,400 sq. meters of exhibition space.
According to the organizers, Turkish participation is expected to grow exponentially.
New programs in the upcoming edition will include a defense and security industry lab, and an exhibition of future technologies.
A Saudi Arabia supply-chain zone will allow local small- and medium-sized enterprises to network with key global players.
Several panel discussions will be held at the show including on technology, manufacturing and trade.
Organized by Saudi Arabia's General Authority for Military Industries, the event is a key part of the Kingdom's ambition to localize 50 percent of its defense spending by 2030.
Founded by the General Authority for Military Industries in Saudi Arabia, the first edition was held in 2022 on the outskirts of Riyadh.
It attracted 600 exhibitors from 42 countries, 82 military and defense delegations, and 65,000 visitors from 85 countries.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Argaam
an hour ago
- Argaam
Prices pressured in Q2, market outlook still positive: Riyadh Cement
Shoeil Al Ayed, CEO of Riyadh Cement, said prices came under pressure in the second quarter; however, the overall market outlook for the second half of the year remains positive, supported by strong demand fundamentals linked to Vision 2030 projects. He added that, with improving operational efficiency, the company is focused on protecting its profit margins despite the volatile pricing environment. In an exclusive interview with Argaam, Al Ayed said the company maintained a healthy profit margin despite market challenges. Riyadh Cement declared a dividend of SAR 1 per share for H1 2025, with a solid profit margin of 37.2%. He stated that the company managed to maintain its profitability level during H1 2025, despite a decline in net profit, attributing this to various operational factors and cost pressures. Nonetheless, revenues grew year-on-year (YoY), supported by higher sales volumes, particularly from infrastructure projects in Riyadh and the Central Province. This growth came despite competitive pricing pressures and rising fuel and electricity costs. He also pointed to increased transportation and logistics costs as key pressures on financial performance, largely due to external operational factors. The company is actively working to offset these challenges through enhanced efficiency. Demand for cement rose during H1 2025, especially in the Central Province, despite seasonal slowdowns during Ramadan and Hajj. Domestic shipments increased YoY, fueled by large-scale projects, housing developments, and infrastructure linked to Vision 2030. A rebound in private sector manufacturing also contributed to stronger white cement sales. Al Ayed said that cement demand in the Central Province grew by around 20% in H1, while overall demand across the Kingdom rose by nearly 14%. The biggest revenue drivers were major infrastructure projects in Riyadh, alongside housing and other key sectors. He emphasized the company's commitment to meeting the growing local demand. Looking ahead, Al Ayed expects demand to pick up in Q3 as post-summer activity resumes, construction momentum continues, and cost control efforts remain in place — all of which should support profit margins moving forward. Riyadh Cement reported a net profit of SAR 133.2 million in the first half of 2025, a decrease of 1% from SAR 134.5 million in H1 2024. In Q2 2025, net earnings stood at SAR 57.5 million, down 11% YoY, according to Argaam 's data.


Argaam
an hour ago
- Argaam
SoftBank quarterly profit tops expectations on higher Vision Fund gains
Softbank reported a fiscal first-quarter profit, boosted by gains from its holdings in companies including Nvidia, as founder Masayoshi Son ramped up his bet on artificial intelligence technologies (AI). The Japanese giant reported 421.8 billion yen ($2.87 billion) in the quarter ended June, versus a 174.28 billion yen loss in the same period last year. This was supported by its technology investment arm, Vision Fund, which recorded a profit of 451.39 billion yen, compared to a loss of 204.3 billion yen in the same period last year. The technology investment firm increased its stake in American chipmaker Nvidia to more than $3 billion by the end of March and purchased shares in Taiwanese company TSMC worth $330 million and another $170 million in Oracle. Financial results for the fiscal quarter extending from April to June Item Q2 2025 Q2 2024 Expectations Annual change Net Sales (trn yen) 1.820 1.701 -- 7% Pre-tax income (bln yen) 689.9 225.69 -- 205.7% Net Profit (bln yen) 421.8 (174.3) 127.6 --


Arab News
an hour ago
- Arab News
Fitch-rated sukuk surpasses $210bn as market expands 16%
RIYADH: The value of sukuk rated by Fitch Ratings exceeded $210 billion in the first half of 2025, marking a 16 percent increase from a year earlier, as demand for Shariah-compliant debt continues to accelerate across global markets. In its latest Islamic finance report, Fitch said that 80 percent of its rated sukuk maintain investment-grade status with no recorded defaults, highlighting the relative stability and creditworthiness of issuers despite tightening global financial conditions. The US dollar remained the dominant issuance currency, accounting for over 90 percent of rated sukuk, followed by the Malaysian ringgit at 6.2 percent. Fitch currently rates more than 255 sukuk and 95 programs, representing over 70 percent of the outstanding global US dollar-denominated sukuk market. Earlier this month, a report by Kuwait Financial Center, also known as Markaz, echoed similar views, stating that US dollar-denominated instruments dominated the Gulf Cooperation Council debt market in the first half of 2025, raising $73.1 billion through 146 issuances — representing 79.4 percent of total value. Bashar Al-Natoor, global head of Islamic finance at Fitch Ratings, said: 'Most Fitch-rated sukuk rank senior unsecured and hold international long-term ratings with about 87 percent of sukuk issuers having a stable outlook.' He added: 'Over 90 percent of rated sukuk are US dollar-denominated and are largely characterised by bullet and fixed-rate structures. Medium-term sukuk with tenors between three to 10 years dominate, comprising over 81 percent of all rated sukuk.' Sukuk rated in the 'A' category made up the largest share at 39 percent, followed by 25 percent in the 'BBB' category and 13 percent in 'BB.' Fitch also noted that 11 percent of all rated sukuk are considered long-term, with maturities exceeding 10 years, while only 7 percent have tenors shorter than three years. Most of these instruments are expected to mature by 2030. Environmental, social, and governance sukuk are also gaining traction, now accounting for 12 percent of all Fitch-rated sukuk outstanding, with a total value of $25 billion. Most ESG sukuk are dual-listed on major exchanges such as the London Stock Exchange, Nasdaq Dubai, and Euronext, reflecting their appeal to a broad international investor base. The analysis further highlighted increasing regional and sectoral diversification. The Middle East continues to lead with a 69.9 percent share of rated sukuk as of end of the first half, followed by Asia at 21.6 percent and Europe at 7.3 percent. Affirming the growth of the Middle East's debt markets, Fitch noted in December that total outstanding debt in the GCC region surpassed the $1 trillion mark. Also in December, Kamco Invest projected that Saudi Arabia would lead the region in bond maturities over the next five years, with around $168 billion in Saudi bonds expected to mature between 2025 and 2029 — underscoring the Kingdom's growing prominence in regional debt markets. In its latest report, Fitch added that sovereign and supranational issuers still account for more than half of the rated sukuk market. However, issuer diversity is increasing, with sizeable contributions from financial institutions, corporates, international public finance, infrastructure and project finance, as well as structured finance.