Riyadh Seeks to Achieve Self-Sufficiency in Military Industries

SAMI is seeking to be among the top 25 companies specialized in defense industries in the world by 2030.
SAMI is seeking to be among the top 25 companies specialized in defense industries in the world by 2030.
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Riyadh Seeks to Achieve Self-Sufficiency in Military Industries

SAMI is seeking to be among the top 25 companies specialized in defense industries in the world by 2030.
SAMI is seeking to be among the top 25 companies specialized in defense industries in the world by 2030.

In September 2022, Saudi Crown Prince Mohammad bin Salman said that the internal self-sufficiency of the military industries had increased from 2 to 15 percent, hoping that it would reach 50 percent, through Saudi plans and endeavors to develop the sector.

Vision 2030 has sought to establish an integrated military sector, starting from finding the appropriate infrastructure to the manufacture of Saudi military products that are capable of achieving self-sufficiency, and leading to the potential ability to export these products worldwide.

In fact, the vision aims to develop a sustainable military industries sector that raises the capability of military equipment, enhances self-sufficiency and contributes effectively to the national economy.

The Saudi concept has shifted from a mere purchase between a manufacturer and a buyer of military equipment, to partnership and gains for all parties to the process.

The Ministry of Defense, led by the young Prince Khalid bin Salman bin Abdulaziz, Minister of Defense, is working with the General Authority for Military Industries (GAMI) to continue supporting the ambitious localization plan.

In addition, the Saudi Arabian Military Industries (SAMI) of the Public Investment Fund (PIF) is seeking to be among the top 25 companies specialized in defense industries in the world by 2030.

The company relies on the latest technologies and the best competencies to develop defense products and services with international specifications and achieve self-sufficiency for Saudi Arabia in the field of defense industries.



Saudi Arabia Urges Int’l Community to Push for Ceasefire in Gaza, Lebanon

The Saudi Minister of Foreign Affairs participates in the outreach session of the second G7 Foreign Ministers’ Meeting in Italy’s Fiuggi. SPA
The Saudi Minister of Foreign Affairs participates in the outreach session of the second G7 Foreign Ministers’ Meeting in Italy’s Fiuggi. SPA
TT

Saudi Arabia Urges Int’l Community to Push for Ceasefire in Gaza, Lebanon

The Saudi Minister of Foreign Affairs participates in the outreach session of the second G7 Foreign Ministers’ Meeting in Italy’s Fiuggi. SPA
The Saudi Minister of Foreign Affairs participates in the outreach session of the second G7 Foreign Ministers’ Meeting in Italy’s Fiuggi. SPA

Saudi Minister of Foreign Affairs Prince Faisal bin Farhan bin Abdullah participated on Monday in the outreach session of the second G7 Foreign Ministers’ Meeting in Italy’s Fiuggi held with counterparts from several Arab countries, including Jordan, the United Arab Emirates, Qatar, Egypt, and the Secretary General of the Arab League.

During the session titled "Stability in the Middle East," Prince Faisal emphasized the importance of fostering multiple partnerships to address regional and international challenges.

In his statement, he highlighted the developments in Gaza and Lebanon, calling on the international community to assume its responsibilities by urgently pushing for an immediate ceasefire, ensuring the unrestricted delivery of humanitarian aid, and advancing efforts to establish an independent Palestinian state through the two-state solution.

He underlined the need to de-escalate tensions in Lebanon while respecting its sovereignty. Prince Faisal also stressed the urgency for finding a permanent solution to the crisis in Sudan to alleviate human suffering.

The session was attended by Saudi Arabia’s Ambassador to Italy Faisal bin Sattam bin Abdulaziz Al Saud.