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SAMI Develops Industrial Complex for Defense Ground Systems

The second edition of the World Defense Show is currently held in Riyadh. (Photo: Asharq Al-Awsat)
The second edition of the World Defense Show is currently held in Riyadh. (Photo: Asharq Al-Awsat)
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SAMI Develops Industrial Complex for Defense Ground Systems

The second edition of the World Defense Show is currently held in Riyadh. (Photo: Asharq Al-Awsat)
The second edition of the World Defense Show is currently held in Riyadh. (Photo: Asharq Al-Awsat)

The Saudi Military Industries Company (SAMI), a wholly-owned Public Investment Fund company, is scheduled to complete construction of an industrial complex for ground systems in the third quarter of 2025.
In an interview with Asharq Al-Awsat, Wael Al-Sarhan, Chief Communications and Support Services at SAMI, revealed that an agreement was signed with Zamil Steel Construction Company, a subsidiary of Zamil Industrial Investment Group, to begin construction of the SAMI industrial complex for ground systems.
Speaking on the sidelines of the World Defense Show, which is currently held in Riyadh, Al-Sarhan noted that the facility is being built according to the highest international standards for manufacturing ground systems, including integration, armoring, and all customer requirements, including four-, five- and six-wheel drive vehicle systems.
According to information released on the project, the SAMI Industrial Complex for Ground Systems, which is located in the city of Al-Kharj (central Saudi Arabia), is the first of its kind in the Kingdom to manufacture armored vehicles, provide logistical support, and test and maintain related services.
Al-Sarhan stressed that SAMI has the ability to maintain aircraft landing systems, as well as manufacture composite materials for aviation systems and advanced electronics.
He explained that during the second edition of the World Defense Show, the company showcased the latest advanced products that meet the Kingdom’s needs and simulate its future aspirations.
Al-Sarhan added that the company is revealing its capabilities through its five basic sectors, including the aviation and space sector, which includes the manufacture of drones, as well as “maintenance, repair, and overhaul,” which constitute more than 60 percent of the value of the aircraft.
“We are also showcasing the capabilities of the Marine Systems Sector to convert a boat, which was received from the Royal Navy, into a pilot boat,” he told Asharq Al-Awsat.
During the ongoing world exhibition, SAMI signed partnerships and agreements with companies with the aim of enhancing its abilities in various defense and security sectors, under the auspices of the General Authority for Military Industries (GAMI).

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Kuwait Seeks to Offer Flexible Incentives to Attract Foreign Investments

Kuwait City (Asharq Al-Awsat file photo)
Kuwait City (Asharq Al-Awsat file photo)
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Kuwait Seeks to Offer Flexible Incentives to Attract Foreign Investments

Kuwait City (Asharq Al-Awsat file photo)
Kuwait City (Asharq Al-Awsat file photo)

Mohammad Yaqoub, Assistant Director General for Business Development at Kuwait’s Direct Investment Promotion Authority (KDIPA), announced that Kuwait is actively working to boost investments in emerging sectors such as the management of government facilities, hospitals, and ports, including Mubarak Al-Kabeer Port.

He added that his country is collaborating with Saudi Arabia on joint projects, notably the development of a railway linking the two nations.

Speaking at the 28th Annual Global Investment Conference in Riyadh, Yaqoub highlighted the 650-kilometer railway project, which is expected to cut travel time between Saudi Arabia and Kuwait to under three hours. He clarified that this initiative is separate from the broader GCC railway network under development.

The official further emphasized Kuwait’s commitment to offering streamlined processes and incentives to attract foreign investment in critical sectors such as oil and gas, healthcare, education, and technology.

Since January 2015, the Gulf country has attracted cumulative foreign investments valued at approximately 1.7 billion Kuwaiti dinars ($5.8 billion). During the 2023–2024 fiscal year, KDIPA reported foreign investment inflows amounting to 206.9 million Kuwaiti dinars ($672 million).

Yaqoub stressed that KDIPA is focused on creating an investor-friendly environment by offering flexible incentives to attract international companies. He noted Saudi Arabia’s achievements in this area and highlighted his country’s efforts to provide comparable benefits to foreign investors.

He also expressed optimism about the potential for growth in foreign investments in Kuwait, emphasizing their role in advancing economic development in line with the United Nations’ Sustainable Development Goals (SDGs).

Yaqoub also underscored the strong synergy between the Kuwaiti and Saudi markets, which he said will help accelerate economic progress across the region.