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Eased Procedures Encourage Private Sector Investment in Saudi Military Industries

Saudi Arabia's vision aims to localize at least 50% of the country's spending on military procurement by 2030 (Asharq Al-Awsat)
Saudi Arabia's vision aims to localize at least 50% of the country's spending on military procurement by 2030 (Asharq Al-Awsat)
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Eased Procedures Encourage Private Sector Investment in Saudi Military Industries

Saudi Arabia's vision aims to localize at least 50% of the country's spending on military procurement by 2030 (Asharq Al-Awsat)
Saudi Arabia's vision aims to localize at least 50% of the country's spending on military procurement by 2030 (Asharq Al-Awsat)

The Saudi government offers a host of comparative advantages for military sector investors. From easy procedures to visas and licenses, Saudi authorities are keen on facilitating investment flow into the Kingdom’s defense industry.

Saudi Arabia’s developed customs services and digital technologies are factors for attracting investment as well.

A recent Riyadh Chamber of Commerce report recommended establishing industry-specific specializations in schools and universities across the Kingdom.

It also stressed the need for building partnerships with developed countries.

Raising more awareness of Vision 2030 programs for the Saudi military industry, creating military industry clusters, and establishing research centers specialized in developing technologies were also among the Chamber’s suggestions.

Encouraging and attracting researchers and scientists to upgrade technology was also proposed in the report.

Saudi Arabia has implemented a long-term strategy for some essential military industries. Moreover, it facilitates license issuing via e-platforms.

Saudi companies and institutions have developed solutions to overcome difficulties facing their investment journey in the Kingdom’s military sector.

Integration and transfer of expertise between the private and military sectors are among those solutions.

The companies also proposed that the state provide more financial support and facilities and select the most efficient companies to invest in the military sector.

According to the presented solutions, the Kingdom must invest in scientific research, assign a single legislative body, facilitate the issuance of necessary licenses, and streamline procedures.

Establishing industrial cities for the defense sector was also recommended. Local and international knowledge and technology must be used to support those cities.

Training national cadres in military investment is also vital.

Abdullah Al-Khorayef, Chairman of the Industrial Committee at the Chamber, confirmed that the Kingdom’s military industries provide an array of promising opportunities for the private sector.

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Flight Cancellations at Germany's Hamburg Airport Affect More than 40,000 Passengers after Strike

An area in front of the security checkpoints is empty at Hamburg Airport, Germany Sunday, March 9, 2025. (Georg Wendt/dpa via AP)
An area in front of the security checkpoints is empty at Hamburg Airport, Germany Sunday, March 9, 2025. (Georg Wendt/dpa via AP)
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Flight Cancellations at Germany's Hamburg Airport Affect More than 40,000 Passengers after Strike

An area in front of the security checkpoints is empty at Hamburg Airport, Germany Sunday, March 9, 2025. (Georg Wendt/dpa via AP)
An area in front of the security checkpoints is empty at Hamburg Airport, Germany Sunday, March 9, 2025. (Georg Wendt/dpa via AP)

Flight cancellations at Hamburg Airport after a surprise strike by workers affected more than 40,000 passengers on Sunday, a day before a planned wider protest across Germany amid new contract negotiations.

Only 10 of more than 280 scheduled flights went as planned early Sunday, the airport said. Many service desks sat empty as would-be passengers lined up to seek information about the cancellations.

The surprise walkout, which reportedly took place with only about a half-hour advance notice, came before a broader series of preannounced strikes across 13 airports in Germany on Monday, organized by the ver.di union, The AP reported.

The union, whose members work in areas including passenger services and cargo and goods screening, called for Sunday's strike by security control staff to put pressure on company representatives amid collective bargaining talks.

“The behavior of the trade union ver.di is dishonorable: The strike without notice hits Hamburg Airport at the start of the vacation season," airport spokeswoman Katja Bromm said in a statement. She said that on Monday, arrivals would be possible, and that “considerable disruptions and cancellations” were expected.

Bromm said that Sunday's walkouts were "excessive and unfair to tens of thousands of travelers who have nothing to do with the disputes.”

For months, ver.di has been negotiating a new agreement that aims to improve occupational health and safety, provide more vacation days, an increase in the annual bonus to 50% and the freedom to choose a doctor for employees’ regular, mandatory medical exams, among other things.