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

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Attendees visit the exhibition booths at Riyadh International Industry Week 2025. (AN Photo)
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Attendees visit the exhibition booths at Riyadh International Industry Week 2025. (AN Photo)
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Updated 15 May 2025
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Saudi Arabia’s industry development creating great opportunities, say experts at trade show

  • Kingdom providing incentives for foreign investment
  • Vision 2030 plan, football World Cup 2034 highlighted

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.”


Saudi Arabia announces new financial support to the Yemeni government

Updated 16 January 2026
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Saudi Arabia announces new financial support to the Yemeni government

RIYADH: Saudi Ambassador to Yemen and Supervisor of the Saudi Program for the Development and Reconstruction of Yemen Mohammed Al-Jaber announced that the Kingdom, under the directives of its leadership, has provided new support to the Yemeni government's budget, aimed at paying the salaries of state employees in all sectors.

In a post on X, Al-Jaber stated that this support complements a package of development projects and initiatives, amounting to SR1.9 billion, announced on Wednesday. The package includes provision of necessary petroleum derivatives to operate power plants, which will contribute to improving the living standards of people in Yemen and alleviating daily burdens on them.

Al-Jaber’s post emphasized, in particular, that all salaries of military and security forces linked to the the higher military committee linked to the Saudi led Coalition will be paid as of Sunday. 

 

The post is likely relate to Several Media reports which have suggested that disgraced former Southern Transitional Council (STC) chief Aidaroos Al Zubaidi — who has now fled Yemen — was taking advantage of military personnel and withholding salaries as means of pressure. Al-Zubaidi is wanted by the Yemeni government for acts of high treason and corruption. 

The ambassador emphasized that these steps come within the framework of supporting the Yemeni government's efforts to implement the economic reform program, which aims to achieve financial and economic stability and enhance the state's ability to meet its basic obligations.