Saudi Military Industries Eye Localization, Tech Transfer Partnerships

Saudi General Authority for Military Industries (GAMI) Governor Ahmed Al-Ohali at the Defense and Security Equipment International Exhibition (DSEI) in London. (SPA)
Saudi General Authority for Military Industries (GAMI) Governor Ahmed Al-Ohali at the Defense and Security Equipment International Exhibition (DSEI) in London. (SPA)
TT

Saudi Military Industries Eye Localization, Tech Transfer Partnerships

Saudi General Authority for Military Industries (GAMI) Governor Ahmed Al-Ohali at the Defense and Security Equipment International Exhibition (DSEI) in London. (SPA)
Saudi General Authority for Military Industries (GAMI) Governor Ahmed Al-Ohali at the Defense and Security Equipment International Exhibition (DSEI) in London. (SPA)

Saudi Arabia’s General Authority for Military Industries (GAMI), responsible for localizing, organizing, and empowering the military industries sector in the Kingdom, is participating in the renowned Defense and Security Equipment International Exhibition (DSEI).

The DESI kicked off its activities in London on Tuesday with a broad and global attendance.

At first glance, Saudi participation appears to be related to defense cooperation or striking business with companies. However, when reading the Kingdom’s pavilion slogan, “Invest Saudi,” visitors soon realize that GAMI is looking to attract investments.

Speaking to Asharq Al-Awsat, GAMI Governor Ahmed Al-Ohali said that the pavilion looks towards more localization and transferring technology to the Kingdom, as well as expanding international partnerships.

The governor also revealed that GAMI aims to conclude strategic and critical agreements to maximize the role of women in the military industries sector. The authority will do so with Saudi universities and research centers.

“We are committed to completing the march,” Al-Ohali told Asharq Al-Awsat, adding that GAMI is relying on the efforts of Saudi men and women to achieve its localization goals.

“Saudi women have strengthened their presence in the sector by engaging in the military-industrial system in the Kingdom,” he revealed, adding that GAMI is “keen on empowering Saudi women.”

He pointed out the unprecedented presence of female engineers and technicians in various disciplines serving this vital sector.

Describing the growth witnessed by GAMI, the governor used the term “remarkable.”

According to Al-Ohali, the number of licensed companies in the first half of 2021 reached 99 local, international, and mixed companies.

He said that these companies want to be a part of the development of the Saudi economy and have decided to pump their funds into the Kingdom based on its strategic location and qualitative capabilities.

Saudi Arabia has also facilitated procedures for foreign investors.

Al-Ohali stressed that the Kingdom’s leadership had given the military industries sector “limitless” support and care to strengthen Saudi Arabia’s strategic independence.

The sector strategy approved by the Saudi Council of Ministers consists of three main pillars.

They include acquisition, industry, and research, and technology.

Al-Ohali confirmed that GAMI is working with all the parties concerned with attracting investment to the Kingdom to ensure that an integrated picture of the investment environment in the Kingdom is presented.

“The Kingdom has become an ideal destination for investment in this sector in particular and the rest of the other industrial sectors in general,” stressed Al-Ohali.

“We worked with partners and came up with 74 investment opportunities related to localization in supply chains across six defense and security areas,” he remarked.

“We met with more than 350 investors and partners to identify these opportunities, and we worked side by side with our partners in the public and private sectors to develop a clear roadmap for industrial targets in the sector,” noted Al-Ohali.

As for Saudi Arabia’s participation in the DSEI, he said it aims at shedding light on the promising investment opportunities in the sector, supporting investors, and facilitating their access to the Saudi military and security industries market.

He added that the military industries system in Saudi Arabia, represented by GAMI and all its public and private sector partners, realize the strategic goal of localizing the military industries in Saudi Arabia with more than 50% of the country’s expenditure on military equipment and services by 2030.

Saudi Arabia’s participation at the DSEI event is expected to unlock the Middle East opportunity for UK firms. A senior-level delegation will be at the DSEI Saudi Pavilion to highlight opportunities in the Gulf defense show market.

Several high-level dignitaries and leaders, and key executives of large multinationals are set to visit the Saudi Pavilion, which will showcase a comprehensive portfolio of defense systems and solutions.



FAO Official: Gulf States Shielded Themselves from Major Shocks

 David Laborde, Director of the Agrifood Economics Division at the UN's Food and Agriculture Organization (FAO)
David Laborde, Director of the Agrifood Economics Division at the UN's Food and Agriculture Organization (FAO)
TT

FAO Official: Gulf States Shielded Themselves from Major Shocks

 David Laborde, Director of the Agrifood Economics Division at the UN's Food and Agriculture Organization (FAO)
David Laborde, Director of the Agrifood Economics Division at the UN's Food and Agriculture Organization (FAO)

David Laborde, Director of the Agrifood Economics Division at the UN's Food and Agriculture Organization (FAO), told Asharq al-Awsat that global hunger increased sharply during the coronavirus pandemic, noting that the GCC countries were able to shield themselves from major shocks affecting food security.
Laborde added that global hunger affected over 152 million people, with no improvement in the past two years.
Today, 733 million people suffer from chronic hunger, and 2.3 billion face food insecurity, according to the UN annual report on “The State of Food Security and Nutrition in the World.”

Laborde explained that the global economic crisis has worsened food insecurity, keeping hunger levels high.
Alongside this, climate shocks and conflicts are major causes of hunger. He also pointed out that food insecurity is closely tied to inequality, and the economic crisis, rising living costs, and high interest rates are deepening existing inequalities both within and between countries.
On whether economic diversification in Gulf Cooperation Council (GCC) countries is boosting food security, Laborde said: “A move towards a more diversified economy and enhancing the ability to rely on various sources of food supplies are key drivers of food security resilience and stability.”
“GCC countries have managed to shield themselves from major shocks, primarily due to their high income levels and ability to cover import costs without difficulty,” he explained.
Regarding the FAO’s outlook on reducing global hunger, Laborde insisted that ending hunger will require a significant increase in funding.
When asked for suggestions on how governments could enhance food security, Laborde said: “Despite global figures remaining stable, improvements are seen in Asia and Latin America, showing that the right policies and conditions can reduce numbers.”
“Hunger is not inevitable. Investing in social safety nets to protect the poor, along with making structural changes to food systems to be more environmentally friendly, resilient, and equitable, is the right path forward,” emphasized Laborde.
The annual State of Food Security and Nutrition in the World report, published on Wednesday, said about 733 million people faced hunger in 2023 – one in 11 people globally and one in five in Africa.
Hunger and food insecurity present critical challenges affecting millions globally.
The annual report, released this year during the G20 Global Alliance for Hunger and Poverty Task Force ministerial meeting in Brazil, warns that the world is significantly lagging in achieving Sustainable Development Goal 2—ending hunger by 2030.
It highlights that global progress has regressed by 15 years, with malnutrition levels comparable to those seen in 2008-2009.
Despite some progress in areas like stunting and exclusive breastfeeding, a troubling number of people still face food insecurity and malnutrition, with global hunger levels rising.