logo
Saudi Arabia's industry development creating great opportunities, say experts at trade show

Saudi Arabia's industry development creating great opportunities, say experts at trade show

Arab News15-05-2025
RIYADH: Saudi Arabia's development and adoption of modern technology was creating significant opportunities for foreign investment and economic growth, experts in the industrial and logistics sectors told Arab News on Thursday at the Riyadh International Industry Week 2025.
The RIIW25, which ends today, featured four industrial trade shows: Saudi Plastics and Petrochemicals, Saudi Printing and Packaging, Smart Manufacturing, and Saudi Smart Logistics.
Kevin Lang, general manager at China Bentae Industry Group, praised Saudi Arabia's government for attracting and establishing factories within the Kingdom, emphasizing that such steps provide strong incentives for foreign investment in the industrial sector.
Participating in the event for the second time, Lang noted a surge in the presence of Chinese and international companies in the Saudi market, which he said was a sign of growing investor confidence in the Kingdom.
'We aim to leverage Saudi Arabia's push for economic openness and its efforts to attract foreign investment. We see significant growth potential, particularly in sectors that align with Vision 2030, such as industry and sustainability,' Lang said.
Lafi Al-Dhafiri, commercial director at Alkharj Steel Co., said the show was an exceptional platform for bringing together global expertise, forming partnerships and shaping the future of the sector.
'The event highlighted the promising opportunities within the Saudi industrial sector, especially in light of the unprecedented government support that aligns with the goals of Vision 2030,' Al-Dhafiri added.
Ahmed Sobhi Badran, sales manager at Derbn Trading Co., noted the emergence of Saudi brands that are increasingly positioning themselves on the global stage.
'The exhibitions feature a strong presence of international companies seeking to strengthen their foothold in the Saudi market, creating a healthy competitive environment driven by quality standards and marketing excellence.'
Ratheesh NS, deputy manager at Windsor Machines Ltd., said the company was eager to explore business opportunities in the Kingdom.
'We are looking forward to the vast opportunities in Saudi Arabia, driven by its vibrant transformation under Saudi Vision 2030 and the FIFA World Cup 2034,' he said.
'We are confident that this market boom will help us explore and engage with this ambitious region.'
Fahad Al-Thenayan, a logistics advisor, said the event was 'a great opportunity for visitors to explore a wide range of innovative solutions.'
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Tabuk's Tayma governorate launches agricultural festival
Tabuk's Tayma governorate launches agricultural festival

Arab News

time6 hours ago

  • Arab News

Tabuk's Tayma governorate launches agricultural festival

RIYADH: The third Agricultural Products Festival began on Wednesday at the Archaeological Wall Park in Tayma. Organized by the Tabuk regional branch of the Ministry of Environment, Water and Agriculture, the four-day festival will feature participation from more than 30 farmers and exhibitors, alongside numerous government agencies, civil organizations and nonprofit groups. The event serves as a cornerstone initiative supporting Tabuk's agricultural sector while raising community awareness about the critical importance of local food production in achieving national food security goals. Amjad bin Abdullah Thalab, director general of the ministry's Tabuk branch, explained that the festival aimed to highlight the governorate's diverse agricultural output, which spans multiple crop varieties, date palm production, animal feed, grains and vegetables. 'This gathering creates invaluable opportunities for farmers to share knowledge, exchange innovative practices, and enhance their agricultural expertise through structured learning sessions,' Thalab said. The festival features more than 30 specialized pavilions designed to engage visitors of all ages. Key attractions include the 'Little Farmer' corner, which allows children to explore agricultural tools and farming basics through hands-on activities, while specialized sections focus on rural development services and cutting-edge sustainable farming methodologies. Thalab also highlighted the support provided by Prince Fahd bin Sultan bin Abdulaziz, governor of Tabuk province, and his deputy. He also recognized the guidance and follow-up efforts of Abdulrahman bin Abdulmohsen Al-Fadhli, minister of environment, water and agriculture, and his deputy, particularly their initiatives to expand marketing channels for local producers while addressing industry obstacles.

Saudi Broadcasting Authority CEO honored
Saudi Broadcasting Authority CEO honored

Arab News

time6 hours ago

  • Arab News

Saudi Broadcasting Authority CEO honored

RIYADH: Mohammed bin Fahd Al-Harthi, CEO of the Saudi Broadcasting Authority and president of the Saudi Media Forum, was recently honored with the 2025 Gratitude Award for Inspiring Leaders. Presented by the Princess Sita bint Abdulaziz Foundation for Excellence in Social Work, the award celebrates those whose vision and dedication have had a profound impact on their communities. Commenting on the honor, Al-Harthi stated: 'Giving is an intrinsic part of the Saudi identity, deeply rooted in a generous homeland and inspiring leadership. 'I am one of this nation's people striving to serve it with all we have. We will continue to work tirelessly for as long as we live because our country deserves nothing less. 'Each of us has unique tools within our fields that must be dedicated to serving the nation, society, and humanity.' Al-Harthi has built a distinguished career across print, broadcast, and digital media, earning both regional and international awards in recognition of his creativity and achievements in the media landscape. He has spearheaded groundbreaking initiatives and launched major media projects, held leadership roles in prominent local and global media organizations, and contributed to organizing events and festivals that have significantly elevated the status of Saudi media both regionally and internationally. The award underscores Al-Harthi's dedication to serving society and inspiring a new generation of media professionals.

Taif governor receives Ghana's Consul General
Taif governor receives Ghana's Consul General

Arab News

time7 hours ago

  • Arab News

Taif governor receives Ghana's Consul General

Taif Gov. Prince Saud bin Nahar bin Saud received Ghana's Consul General to Jeddah Abdulrahman Adam on Wednesday. The two sides engaged in friendly talks and discussed various topics of common interest, the Saudi Press Agency reported. Separately, Serbia's Ambassador to the Kingdom Dragan Bisenic recently visited the International Falcon Breeders Auction organized by the Saudi Falcons Club in Malham, north of Riyadh. The envoy visited several of the pavilions representing local and international breeding farms.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store