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Airbus opens regional headquarters in Riyadh

Update The new HQ highlights Airbus’ growing involvement in º£½ÇÖ±²¥â€™s aviation and aerospace sectors.
The new HQ highlights Airbus’ growing involvement in º£½ÇÖ±²¥â€™s aviation and aerospace sectors.
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Updated 08 December 2024

Airbus opens regional headquarters in Riyadh

Airbus opens regional headquarters in Riyadh

RIYADH: Airbus has officially opened its new Regional Headquarters in Riyadh, reinforcing its long-term commitment to º£½ÇÖ±²¥ and the broader Middle East.

This expansion marks a key milestone in Airbus’ efforts to enhance its commercial, defense, space, and helicopter operations in the Kingdom and the region.

The new HQ highlights Airbus’ growing involvement in º£½ÇÖ±²¥â€™s aviation and aerospace sectors, where the company has been active since the 1970s. Airbus currently employs over 350 people in º£½ÇÖ±²¥, with 30 percent of its workforce being Saudi nationals. The company aims to further boost local talent development and technological expertise.

This move aligns with º£½ÇÖ±²¥â€™s regional headquarters program, which offers incentives such as a 30-year corporate income tax exemption, withholding tax immunity, and various support services for businesses.

Eid Al-Qahtani has been appointed as the president of Airbus’ Riyadh-based regional headquarters. With more than 20 years of leadership experience — including his previous role as head of operations for Airbus Helicopters in Riyadh — Al-Qahtani will focus on strengthening partnerships with governments and stakeholders, as well as driving new business in the region.

Wouter Van Wersch, president of Airbus International, praised the appointment: “We are privileged to have Eid Al-Qahtani leading our operations in º£½ÇÖ±²¥. His deep understanding of the country's goals and his proven leadership in the region make him the ideal person for this role.â€

“In terms of products, as the (Saudi Investment) Minister Khalid Al-Falih mentioned, Saudi airlines are using a good number of Airbus aircraft — 200 today and another 300 in the coming years,†he said Van Wersch told Arab News en français in an interview.

“We have a very strong helicopter presence, with local centers and around 120 helicopters currently in operation. Our partnership with THC will enable us to strengthen this presence,†he added.

Another area of cooperation is defense, with Airbus providing military, transport and combat aircraft. On the space front, the French giant has supplied seven satellites to Arabsat.

“In terms of transport, the Kingdom is very well placed geographically and therefore has considerable potential to become a hub,†said Van Wersch.

“The Kingdom's ambitions to triple the number of passengers transiting through or to the Kingdom, together with the remarkable growth in tourism, will create favorable opportunities,†he added.

The president of Airbus International highlighted the need to build the capacity of people within the country, which he sees as one of Airbus’ major missions.

“We will need more pilots, engineers, technicians and flight crews. For the Middle East zone, the need for pilots is estimated at 59,000 over the next 20 yearsâ€, he explained.

Discussions are underway between Airbus and universities to assess ways of increasing its local presence in terms of factories and new product development in the Kingdom.

“We have large teams in º£½ÇÖ±²¥, and the aim is to help, to play a role in building the capacity of the personnel who will be essential for airlines in the years to come. It is always a partnership with local players, with the ecosystemâ€, the Airbus chief said.

Earlier this year, Airbus signed an Industrial Participation agreement with º£½ÇÖ±²¥â€™s General Authority for Military Industries, supporting the Kingdom’s Vision 2030 objectives.

This collaboration includes technology transfers and initiatives for industrial localization, such as SAMI Airbus Aircraft Maintenance Services — a joint venture between º£½ÇÖ±²¥n Military Industries and Airbus.

Al-Qahtani expressed his enthusiasm: “I am honored to lead Airbus from our new headquarters in Riyadh. º£½ÇÖ±²¥ is a strategically important market for us, and we are committed to supporting the Kingdom’s long-term goals while nurturing the next generation of aerospace leaders.â€

º£½ÇÖ±²¥â€™s efforts to attract international businesses are paying off. The Kingdom has already surpassed its 2030 target of 500 regional headquarters, with 540 international companies now established in Riyadh, according to Minister of Investment Khalid Al-Falih.

“Investors are coming not only for our vibrant market but also to explore the broader region,†he said.


Global spotlight on Riyadh as Biban Forum 2025 opens

Global spotlight on Riyadh as Biban Forum 2025 opens
Updated 05 November 2025

Global spotlight on Riyadh as Biban Forum 2025 opens

Global spotlight on Riyadh as Biban Forum 2025 opens
  • 40,000 participants from more than 150 countries attend the four-day forum in Riyadh.
  • Billions of riyals in potential agreements expected as investors and startups converge.
  • Entrepreneurship World Cup Global Finals hosted for the third consecutive year.

RIYADH: º£½ÇÖ±²¥â€™s flagship entrepreneurship event, Biban Forum 2025, opened in Riyadh on Wednesday, drawing tens of thousands of investors, innovators, and business leaders from around the world as the Kingdom strengthens its position as a global hub for startups and small businesses.

Organized by the Small and Medium Enterprises General Authority under the theme “Global Destination for Opportunities,†the four-day event at the Riyadh Front Exhibition and Conference Center has attracted more than 140,000 participants from over 150 countries, including startup founders, venture capitalists, policymakers and CEOs.

With billions of riyals in potential deals and hundreds of international companies participating, Biban Forum has become a cornerstone of º£½ÇÖ±²¥â€™s drive to diversify its economy and foster innovation under Vision 2030.

“Biban Forum 2025 is more than an event — it is a bridge between ideas and investment, where local and global entrepreneurs find the support they need to scale,†said Monsha’at Gov. Sami Ibrahim Al-Hussaini.

It also hosts the Global Finals of the Entrepreneurship World Cup for the third consecutive year, held in partnership with the Mohammed bin Salman Foundation and the Global Entrepreneurship Network.

The 2025 EWC finals bring together 100 global startups from a pool of over 10,300 entrepreneurs across 169 countries, competing live on stage in Riyadh for $1.5 million in cash prizes and access to international investors and mentors. Since its launch, the competition has attracted more than 420,000 entrepreneurs from 191 countries.

Coinciding with the event, Monsha’at released a report highlighting the rapid progress of the Kingdom’s startup ecosystem. It showed 1.7 million active commercial registrations by the end of the third quarter of 2025, with SMEs employing more than 8.4 million people.

The report also pointed to gains in key sectors. Women’s workforce participation rose to 43.5 percent, inbound tourism spending climbed 9.7 percent in the first quarter, and the real estate market continued to expand, with 47,286 off-plan residential units licensed in the third quarter.

The e-sports industry grew 72 percent year on year, while financing to small and medium enterprises increased 20 percent, with commercial banks accounting for 96 percent of total lending.

“As º£½ÇÖ±²¥ accelerates its transformation into a premier hub for entrepreneurship and opportunity, Biban Forum serves as a powerful platform to showcase talent, unlock partnerships, and contribute to the goals of Saudi Vision 2030,†Al-Hussaini said.