Riyadh hosts Russia's most prominent industrial event, "Innoprom"
The Saudi capital, Riyadh, is hosting the International Industrial Exhibition “Innoprom ,” Russia’s premier industrial platform, reflecting the deepening economic ties between the Kingdom of Saudi Arabia and the Russian Federation. Held at The Arena, the exhibition brings together leading industry figures, investors, and government officials from both countries to explore new avenues for cooperation and build sustainable strategic partnerships.
Historical background and strategic context
The organization of the INOPROM exhibition in Riyadh comes within the context of the Kingdom's major economic transformation under the framework of Saudi Vision 2030 , which aims to diversify income sources and reduce dependence on oil by developing promising sectors such as industry, mining, and technology. Russia, with its advanced industrial and technological expertise, is considered a key strategic partner in achieving these goals. Relations between the two countries have witnessed remarkable development in recent years, moving beyond traditional cooperation in the energy sector within the OPEC+ framework to encompass broader areas such as mutual investment, technology transfer, and food security.
INOPROM, which was first launched more than 15 years ago in Yekaterinburg, Russia’s industrial hub, is a global platform showcasing the latest innovations and solutions in manufacturing and digital transformation. The selection of the Kingdom of Saudi Arabia as a partner country for this year’s edition underscores the importance Moscow places on the Saudi market as a key gateway to the Middle East and North Africa region.
The importance of the event and its expected impact
The exhibition is of paramount importance on several levels. Locally , it presents a unique opportunity for Saudi companies to explore the latest Russian industrial technologies and build partnerships that contribute to localizing advanced industries and transferring knowledge, thus supporting the objectives of the “Made in Saudi Arabia” program and enhancing local content. It also opens the door to attracting direct Russian investment to major industrial projects in the Kingdom.
On a bilateral level , the exhibition serves as a bridge to deepen economic ties between Riyadh and Moscow, and to launch joint development projects in vital sectors such as machinery manufacturing, metals, smart city infrastructure, and innovative energy solutions. A high-level Russian delegation, comprising more than 250 companies, including industry giants like Rostec, Rosatom, and the space agency Roscosmos, is participating in the event, reflecting the Russian side's commitment to building long-term cooperation.
On the international level , Riyadh’s hosting of this major industrial event reinforces its position as a leading regional center for finance and business, a destination for international exhibitions and conferences, and highlights the openness of its economy to building diverse partnerships with major economic powers around the world.
A busy agenda and promising opportunities
The exhibition features a packed program of panel discussions and bilateral meetings between business representatives from both countries, headlined by the main plenary session titled “Investing in the Future: Innovation and Industrial Cooperation.” Russian companies will showcase their latest products and innovations across various sectors, while prominent Saudi entities such as the Ministry of Investment, the Ministry of Industry and Mineral Resources, and the Saudi Authority for Industrial Cities and Technology Zones (MODON) will participate, highlighting investment opportunities within Saudi Arabia’s attractive industrial environment.
