SFD funds specialized hospital in Zambia with $135m
SFD funds specialized hospital in Zambia with $135m/node/2584453/saudi-arabia
SFD funds specialized hospital in Zambia with $135m
The agreement was signed by SFD CEO Sultan bin Abdulrahman Al-Marshad and Minister of Finance and National Planning of the Republic of Zambia Situmbeko Musokotwane in a ceremony attended by Saudi Ambassador to Zambia Ali Al-Qahtani. (SPA)
SFD funds specialized hospital in Zambia with $135m
The project seeks to establish a specialized gynecological and pediatric hospital with 800 medical beds
Updated 27 December 2024
Arab News
RIYADH: The Saudi Fund for Development has signed an additional development loan agreement worth $35 million for the construction of the King Salman bin Abdulaziz Specialized Hospital in Zambia, raising the total SDF funding for the hospital to $135 million.
The agreement was signed by SFD CEO Sultan bin Abdulrahman Al-Marshad and Minister of Finance and National Planning of the Republic of Zambia Situmbeko Musokotwane in a ceremony attended by Saudi Ambassador to Zambia Ali Al-Qahtani, the Saudi Press Agency reported Friday.
The project seeks to establish a specialized gynecological and pediatric hospital with 800 medical beds in an area of over 200,000 square meters.
The facility will contribute to enhancing specialized healthcare, providing healthcare training, and improving the standards of health services in Zambia, ultimately alleviating financial pressures on beneficiaries.
Al-Marshad, accompanied by Musokotwane and Al-Qahtani, visited the hospital project site to observe the ongoing construction.
Since 1978, the SFD has supported Zambia with over $170 million in financing for various development projects and programs across essential sectors, aimed at fostering social growth and economic prosperity.
The SFD was established to advance sustainable economic development in the world’s least developed countries by leveraging the Kingdom’s resources to provide financial, technical and human support to meet the needs of its partners.
Saudi Arabia launches key projects at World Defense Show in Riyadh
Defense Minister Prince Khalid bin Salman unveils initiatives
New firms set up and deals inked at event running to Feb. 12
Updated 09 February 2026
Arab News
RIYADH: Defense Minister Prince Khalid bin Salman unveiled new initiatives and signed several agreements on the opening of the third World Defense Show in Riyadh on Sunday.
Prince Khalid opened the show on behalf of Crown Prince Mohammed bin Salman, the Saudi Press Agency reported.
Organized by the General Authority for Military Industries, the five-day event will run until Feb. 12, showcasing the Kingdom’s rapid strides toward strategic independence and technological leadership in the defense sector.
The 2026 edition features a purpose-built venue with a 2,700-meter runway for live air and land demonstrations, underscoring the show’s status as a premier global defense event.
The GAMI’s Gov. Ahmad Al-Ohali said the show reflects Saudi Arabia’s commitment to localizing over 50 percent of military spending in line with Vision 2030, and fostering an integrated ecosystem where government bodies and international partners collaborate on innovation.
The event brings together official delegations, government entities, and leading international companies specializing in the defense and security sectors. (SPA)
Strategic agreements and major launches
At the Saudi Arabian Military Industries Group pavilion, Prince Khalid launched several key initiatives.
New entities: The inauguration of the SAMI Land Co., SAMI Autonomous Co., and the SAMI Land Industrial Complex.
Supply chain: The unveiling of the SAMI Local Content Program and the HEET Program.
International cooperation: A memorandum of understanding was signed between the Saudi General Authority for Defense Development and the Korean Agency for Defense Development on advanced military research.
Defense deals: The minister signed cooperation agreements with Slovakia, Malaysia, and Somalia.
Defense Minister Prince Khalid signed cooperation agreements with Slovakia, Malaysia, and Somalia. (SPA)
Technological debuts and innovations
The show is also serving as a launchpad for cutting-edge security technologies across various government sectors.
AI-Powered Lucid Gravity: Public Security debuted its advanced Lucid Gravity electric security vehicle at the Ministry of Interior’s pavilion.
The vehicle integrates state-of-the-art artificial intelligence and specialized security equipment designed to accelerate emergency response times and support field operations.
Public Security’s advanced Lucid Gravity electric security vehicle is displayed at the Ministry of Interior’s pavilion. (SPA)
By leveraging predictive intelligence and advanced command-and-control systems, the Lucid Gravity exemplifies the ministry’s commitment to protecting the Kingdom.
Smart helmet: Also at the Ministry of Interior’s pavilion, the General Directorate of Civil Defense unveiled its smart helmet.
Designed to revolutionize public safety and emergency response, the helmet features day-and-night cameras and specialized sensors to detect hazardous materials in hard-to-reach locations.
The device serves as a mobile command node, delivering live video feeds directly to command-and-control centers. By enabling real-time data analysis and faster decision-making, the helmet reduces response times and enhances personnel safety in high-risk environments.
The smart helmet features day-and-night cameras and specialized sensors to detect hazardous materials in hard-to-reach locations. (SPA)
Border security: The General Directorate of the Border Guard showcased an integrated security system featuring radar and thermal cameras capable of detecting drones and classifying moving targets to protect critical infrastructure.
It also functions as an early warning system for critical facilities and border areas and is fully integrated with command-and-control systems.
Border Guard's ntegrated security system features radar and thermal cameras capable of detecting drones and classifying moving targets to protect critical infrastructure. (SPA)
Counter-terrorism: The Islamic Military Counter Terrorism Coalition presented a comprehensive framework integrating intellectual, media, and military domains to combat extremism and terror financing.
Visitors were briefed on specialized programs designed to raise the readiness of national personnel and foster sustainable institutional cooperation among member states to combat extremism.
On the event’s opening day, the pavilion hosted high-level delegations, including ministers, military leaders, and ambassadors who reviewed and praised the coalition’s pivotal role in coordinating local and international security efforts.
A view of the Islamic Military Counter Terrorism Coalition pavilion. (SPA)
Meteorology: The National Center for Meteorology displayed advanced weather systems essential for ensuring the safety of the event’s air shows and military operations.
At its dedicated pavilion, the NCM is showcasing its latest advanced meteorological technologies and systems. These solutions serve both the military and civilian sectors, providing accurate data to support beneficiary entities’ operational processes.
World Defense Show CEO Andrew Pearcey said that participation is expected to surpass previous records, reflecting the event’s growing importance on the international stage.
NCM's latest meteorological technologies and systems serve both the military and civilian sectors