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.”


Yemeni government says it appreciates Saudi leadership of coalition supporting legitimacy

Yemen appreciates the historical and steadfast positions of Saudi Arabia and its pivotal role in supporting the country.
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Yemeni government says it appreciates Saudi leadership of coalition supporting legitimacy

  • The internationally recognized government in Yemen called on the Southern Transitional Council to immediately and unconditionally withdraw from the governorates of Hadramaut and Al-Mahra

RIYADH: Yemen’s government appreciates the historical and steadfast positions of Saudi Arabia and its pivotal role in supporting Yemen’s security and stability, a statement issued by the country said on Tuesday.

Yemen also appreciates the Kingdom’s constant concern for protecting civilians, reducing escalation, and preventing the eastern provinces of the country from sliding into conflicts that serve hostile agendas.

The internationally recognized government in Yemen called on the Southern Transitional Council to immediately and unconditionally withdraw from the governorates of Hadramaut and Al-Mahra, hand over military sites and camps to the Homeland Shield Forces and local authorities in the governorates, and refrain from any military or escalatory actions that threaten local security and undermine de-escalation efforts.

The statement affirmed the government’s full welcome and absolute support for the decisions taken by the President of the Presidential Leadership Council and Supreme Commander of the Armed Forces Rashad Al-Alimi, including the declaration of a state of emergency and measures to protect local security, preserve the unity and sovereignty of the state, and maintain its legal status, in light of the dangerous developments taking place in the eastern governorates of Yemen.

The government said that a state of emergency was declared “to confront the armed rebellion, protect civil peace, and prevent sliding into chaos and undermining state institutions.”