Global Defense Exhibition in Saudi Arabia: Deals and purchase contracts worth about 30 billion riyals inked within 2 sessions… Focus on AI in 2024

It is expected that the total number of agreements and purchase contracts registered in the previous 2022 session of the World Defense Exhibition with the current session will reach 29.6 billion riyals, whose activities began today in Riyadh, and will be held from February 4-8.

During its first day, the exhibition witnessed the signing of a number of memorandums of understanding and agreements between government agencies and international companies participating in the exhibition.

A tour by Mal newspaper in the exhibition, in which about 750 companies and exhibitors are participating, showed that most of the companies from the participating countries were keen to present artificial intelligence applications in their new or developed industries.

The exhibition, which is held with the participation of about 45 countries, includes several programs, including: the Future of Maritime Defense, Cybersecurity and Space Forum, live ground and air shows, in addition to the Future of Defense and Space platforms.