Saudi Exports Development Authority Participates in 2021 GITEX

  • 2/5/2023
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Dubai, October 17, 2021, SPA -- Saudi Exports Development Authority is participating in 2021 GITEX in Dubai, which is being held between October 17 and 21 with the participation of more than 26 Saudi companies from the ICT sector. The Authority's participation is part of its role in promoting national exports at the regional and international levels and directing the purchasing power towards national products and services through international exhibitions, increasing the contribution of the private sector to the GDP to 65% and increasing the non-oil exports to some 50% of the non-oil GDP by 2030. The Authority is participating under the Made in Saudi, which is one of the national initiatives launched under the National Industrial Development and Logistics Program (NIDLP). Made in Saudi was launched by Authority last March under the patronage of His Royal Highness Prince Mohammed bin Salman bin Abdulaziz, Crown Prince, Deputy Prime Minister and Minister of Defense, where the program aims at increasing local consumption and the market share of local goods and services, increasing the percentage of Saudi non-oil exports to priority export markets, and contributing to enhancing the attractiveness of the Saudi industrial sector for local and foreign investment. The telecommunication sector's exports reached 2.76 billion Saudi riyals, increasing by 7% during the first half of 2021 compared to the same period of 2020. GITEX is considered the biggest technological event in the Middle East, where the exhibition annually welcomes around 150,000 visitors. --SPA 15:43 LOCAL TIME 12:43 GMT 0016 www.spa.gov.sa/w1636290

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