Abu Dhabi, United Arab Emirates: Saudi Arabian Military Industries (SAMI) will showcase opportunities for growth and development within the Kingdom’s defence sector at the Global Aerospace Summit 2020. The event, taking place in Abu Dhabi on 17-19 March, is one of the world’s leading thought leadership forums for the aviation, aerospace, space and defence industries.  

SAMI is a national holding company owned 100% by the Public Investment Fund (PIF); a sovereign wealth fund owned by Saudi Arabia. SAMI develops and supports military industries in Saudi Arabia and plays a major role in supporting efforts to localise more than 50% of the Kingdom’s military spending by 2030. The Kingdom is ranked in the top five countries in terms of military expenditures worldwide. This position enables tremendous investment opportunities.

SAMI will be representing the growing bilateral ties between KSA and the UAE during the Summit, as well as the increased regional focus on defence. SAMI will participate in the summit through a speaking delegation led by Dr. Andreas Schwer, CEO of SAMI, Walid Abu Khaled, CSO – Chief Strategy and Business Development Officer at SAMI, and Mohammed Bushnag, Vice President of Human Resources at SAMI. The delegation will address the key factors impacting the industry including Saudi-UAE bilateral relations, international partnerships, the Kingdom's 2030 vision and its role in developing and localising the nation’s military industry, as well as future investment opportunities within the defence sector.  

EDGE, the newly established advanced technology group for defence in the UAE joined Mubadala Investment Company as the host partner of the Global Aerospace Summit 2020. Held under the theme of ‘insights and integration’, the Global Aerospace Summit 2020 will offer a platform for the UAE to highlight its strategy of working with international partners to enhance and develop local capabilities. It will also be an opportunity to showcase methods for building national technological skills and leveraging cutting-edge solutions to achieve ambitious visions for the future.  

Ends

About Saudi Arabian Military Industries (SAMI):

Launched in May 2017, Saudi Arabian Military Industries (SAMI) is a state-owned ‎military industries company working under the directives outlined in the ‎Saudi Vision 2030. Aiming to be among the top 25 military industries companies in the ‎world by 2030, SAMI is expected to play a key role in localizing 50% of the Kingdom’s ‎total government military spending.

SAMI is combining the latest technologies and the best national talents to develop ‎military products and services at par with international standards across four business ‎divisions, namely Aeronautics, Land Systems, Weapons and Missiles, and Defense Electronics. ‎The company is also focused on increasing exports and bringing foreign investment to ‎the Kingdom’s military industries sector.

For more information, visit www.sami.com.sa or e-mail us at info@sami.com.sa 

For media inquiries or interviews, please contact:
Meshel B. Alsaleh
PR & International Partnerships Manager
Saudi Arabian Military Industries (SAMI)
Email: malsaleh@sami.com.sa
Mobile: ‎+966505464320 

Social media channels:

Twitter: @AerospaceGlobal 

Facebook: https://www.facebook.com/pages/Global-Aerospace-Summit/192303964187145 

LinkedIn: Global Aerospace Summit  

The Global Aerospace Summit 2020

The Global Aerospace Summit is an exclusive, invitation-only event for C-level executives, senior decision makers and government officials involved with the aerospace, aviation, defence and space industries. The 2020 edition, the fifth in this biennial series, will take place 17 to 19 March in the capital of the United Arab Emirates. The Summit, which is hosted by Mubadala Investment Company, will debate and analyse key issues and solutions that face the aviation, aerospace, defence and space sectors across the globe.

For more information, please visit - http://www.aerospacesummit.com. 

About Mubadala Investment Company

Mubadala Investment Company actively manages a worldwide portfolio supporting the vision of a globally integrated and diversified economy, through sustainable returns to its shareholder, the Government of Abu Dhabi. In March 2018, Abu Dhabi Investment Council (ADIC) joined the Group.

Mubadala’s AED 841 billion (US $229 billion) portfolio spans five continents with interests in aerospace, ICT, semiconductors, metals and mining, renewable energy, oil and gas, petrochemicals, utilities, healthcare, real estate, pharmaceuticals and medical technology, agribusiness and a global portfolio of financial holdings. Mubadala now has offices in Rio de Janeiro, Hong Kong, Moscow, New York and San Francisco.

Mubadala is a trusted partner, an engaged shareholder and a responsible global company that is committed to ethics and world-class standards.

For more information about Mubadala, please visit: www.mubadala.com 

About EDGE

EDGE is an advanced technology group that develops disruptive solutions for defence and beyond. Solving real world challenges, it is dedicated to bringing innovative technologies and services to market with greater speed and efficiency.

Consolidating over 25 entities and employing more than 12,000 brilliant minds, EDGE offers expertise in five core clusters: Platforms & Systems, Missiles & Weapons, Cyber Defence, Electronic Warfare & Intelligence and Mission Support.

Today, EDGE is reimagining capabilities through technology leadership with research and development at its core.

For more information, visit www.edgegroup.ae 

About Tarsus F&E LLC Middle East

Tarsus F&E LLC Middle East is one of the most influential names in the aerospace industry's events sector, and which launched the very first Dubai Airshow in 1989, in conjunction with Dubai Civil Aviation Authority, Dubai Airports and the UAE Armed Forces. Covering all aerospace-related events in the Tarsus portfolio, Tarsus F&E LLC Middle East has a long-standing relationship with the global aerospace industry, an in-depth knowledge of the market and a hard-earned reputation for delivering event excellence. Tarsus F&E LLC Middle East maintains offices in Dubai and London.

Events organised by Tarsus F&E LLC Middle East include Dubai Airshow www.dubaiairshow.aero , Aircraft Interiors Middle East www.aime.aero , Airport Solutions Global Series www.airportsolutions.com , Global Air Traffic Management (GATM) www.gatm.aero, Cargo Connect www.cargoconnect.aero , MRO Middle East www.mromiddleeast.aviationweek.com , MEBAA Show Morocco www.mebaamorocco.aero , and MEBAA Show www.mebaa.aero. 

SMG Aerospace

SMG Aerospace is a division of Streamline Marketing Group (SMG). SMG is an events consultancy specialising in creating innovative events with a global profile and reach. Our success lies in the fact that we think differently about events – a strategy that has won us several international awards and nominations. We look at format and content as well as staging and marketing to create exceptional events that are of real value to our clients and audiences.

SMG also focuses on working closely with government entities and commercial partners to deliver content led, world-class events. Over the years we have worked with some of the world’s leading brands, government agencies and industry leaders including: The Emirates Group; Mubadala Development Company; Etihad Airways, Dubai Municipality; Dubai Exports; The General Civil Aviation Authority; Ministry of Economy, UAE and more. Please visit www.smg-online.com for more information.

For more information, please contact:

Mohaned Lafi
Associate director - Four Communications Group
+971 (0)55 985 3379
gas@fourcommunications.com  

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