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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.
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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.

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Saudi Arabia Calls for ‘Reliable’ Path to the Establishment of Independent Palestinian State

Saudi Minister of Foreign Affairs Prince Faisal bin Farhan bin Abdullah addresses the second meeting of the G20 Foreign Ministers in New York. SPA
Saudi Minister of Foreign Affairs Prince Faisal bin Farhan bin Abdullah addresses the second meeting of the G20 Foreign Ministers in New York. SPA
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Saudi Arabia Calls for ‘Reliable’ Path to the Establishment of Independent Palestinian State

Saudi Minister of Foreign Affairs Prince Faisal bin Farhan bin Abdullah addresses the second meeting of the G20 Foreign Ministers in New York. SPA
Saudi Minister of Foreign Affairs Prince Faisal bin Farhan bin Abdullah addresses the second meeting of the G20 Foreign Ministers in New York. SPA

Saudi Minister of Foreign Affairs Prince Faisal bin Farhan bin Abdullah participated on Wednesday in the second meeting of the G20 Foreign Ministers, chaired by Brazil, urging them to enable the achievement of a ceasefire in the Gaza Strip and the adoption of a “reliable” path to the establishment of an independent Palestinian state.

The meeting was held on the sidelines of the 79th session of the United Nations General Assembly in New York.

"The fact that our meeting is being held on the sidelines of the United Nations General Assembly is an indication of the importance of the G20 and its leadership in ensuring the health of the global economy, enhancing multilateral cooperation, and finding innovative solutions to common challenges,” the Foreign Minister said in his speech.

He underscored the urgent need to adhere to successful models of collective action and the importance of seeking to develop and reform international institutions.

"The repercussions of wars and political conflicts undermine efforts to establish international peace and security and cast their shadows on all aspects of multilateral action, and when these institutions fail to carry out their fundamental duties towards these crises, this creates a gap in international action and a crisis of confidence that undermines their legitimacy. This is what we are witnessing today in the way some international institutions deal with the humanitarian catastrophe in Palestine."

The Minister stressed that prolonging the war and expanding its scope deepens the suffering of the Palestinian people, threatens international peace and security, and undermines the chances of achieving comprehensive peace in the region.

"The G20 countries must intensify their joint efforts to overcome the international failure to confront Israel's serious violations of international laws and norms and enable the achievement of a ceasefire and the adoption of a reliable and irreversible path to the establishment of an independent Palestinian state,” he added.

Regarding reforming the United Nations system, especially the Security Council, he stressed that there is an urgent need for radical reform to compensate for the defects in addressing crises, responding to the needs of people, and keeping pace with international transformations and development requirements.

"The Kingdom affirms that the goal of reforming the Security Council is to enhance its credibility and effective response, believing in the importance of this in confronting contemporary crises and challenges, thus contributing to creating a more just, secure and stable world."