First hardware fair in Kingdom wraps up with record visitors

First hardware fair in Kingdom wraps up with record visitors
The debut edition of International Hardware Fair Saudi Arabia welcomed 13,110 visitors over three days, with strong representation from the Kingdom.
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Updated 05 July 2025
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First hardware fair in Kingdom wraps up with record visitors

First hardware fair in Kingdom wraps up with record visitors

The inaugural edition of International Hardware Fair Saudi Arabia concluded in Riyadh, marking a milestone for the Kingdom’s expanding hardware, construction and industrial sectors. As the first trade event dedicated exclusively to Saudi Arabia’s $10.66 billion hardware and tools market and aligned with national industrial priorities under Vision 2030, the exhibition drew widespread recognition for its scale, quality of participation and business opportunities, cementing its place in the country’s events’ calendar.

The debut edition of the trade show, co-located with FSB Sports Show Riyadh, welcomed 13,110 visitors over three days, with strong representation from the Kingdom. Attendees included professionals from hardware retail, building materials, infrastructure development, manufacturing and government entities. From procurement officers and distributors to contractors and industrial buyers, the visitor profile reflected the full spectrum of the hardware and tools ecosystem. Moreover, live product demonstrations, interactive displays and technological advancements attracted crowds.

Several exhibitors showcased the latest advancements in power tools, safety gear, building materials, security systems and more. Demo zones hosted Albawardi Tools and Hardware, a leading distributor of professional tools, equipment and industrial supplies; Hebei Crown Wealth Metal Products; Guangdong Wireking Household Products, a leading Chinese manufacturer of ladders and tool storage products; and Yiwu Highpower Tape, a modern and high-tech enterprise producer of a series of adhesive tape, where live performances of heavy machinery and equipment functions drew packed audiences and potential buyers.

The 2025 edition featured more than 200 exhibiting companies and brands, with a diverse mix of Saudi Arabia-based suppliers and international manufacturers. Country pavilions from China and Türkiye stood out for their scale and product range, further reflecting the growing interest in Saudi Arabia as a regional business hub.

Notable exhibitors included Genergy Power Products, a Spanish company specializing in design and manufacture of portable electric generators and thermal-engine–powered machinery; Gong Fong Enterprise, a manufacturer and developer of customized screwdrivers and professional multi-function drivers; Pecol, one of the biggest European producers of fasteners; and Stahlwille Eduard Wille from Germany, a byword for innovative premium hand tools.

Following the launch edition’s success, the International Hardware Fair Saudi Arabia will return from June 15-17, 2026. Organized by dmg events in partnership with Koelnmesse, the event will cater to growing demand for high-performance tools, machinery and industrial technologies across Saudi Arabia and the wider region.

Muhammed Kazi, senior vice president — construction, dmg events, said: “The debut of International Hardware Fair Saudi Arabia reported strong visitor footfall with noteworthy B2B matchmaking activity and high-value partnerships, with participating companies establishing new business relationships with regional distributors. We’re excited to return in 2026, even bigger and more targeted, to support this growing ecosystem in collaboration with Koelnmesse.”

Reciprocating the positive sentiment around the success of the exhibition, Sebastian Rosito, vice president, Koelnmesse GmbH, added: “We are proud to have successfully wrapped up the first edition of International Hardware Fair to the Saudi Arabian market in partnership with dmg events. The EISENWARENMESSE — International Hardware Fair, is held in Cologne and is the powerhouse behind the International Hardware Fair Saudi Arabia. This edition exceeded expectations and showed the strategic importance of Saudi Arabia within the global hardware landscape. The next edition will continue to deepen international participation and support industrial growth in the Kingdom and the wider region.”


SAB’s new instant account opening service empowers SMEs

SAB’s new instant account opening service empowers SMEs
Updated 13 November 2025
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SAB’s new instant account opening service empowers SMEs

SAB’s new instant account opening service empowers SMEs

Saudi Awwal Bank, one of the leading banks in the Kingdom, has launched a new instant account opening service for sole proprietorships.

The launch of the new digital solution took place during Biban 2025, organized by the Small and Medium Enterprises General Authority, known as Monsha’at, from Nov. 5 to 8 at the Riyadh Front Exhibition and Conference Center under the theme “A Global Destination for Opportunities.”

The new solution for small and medium enterprises underscores SAB’s commitment to empowering SMEs in the Kingdom through innovative, secure digital banking services that simplify account opening. It supports the bank’s ongoing efforts to advance Vision 2030 by helping businesses grow and contribute to economic diversification.

The service enables business owners to open accounts instantly through a fully digital platform that completes every step online. It offers a faster, more convenient banking experience while expanding access for the SME sector.

Yasser Al-barrak, chief corporate and institutional banking officer at SAB, said: “At SAB, we continue to invest in technology that transforms the way our customers do business. The instant account opening platform marks a major step forward, allowing entrepreneurs to start their banking relationship within minutes through a secure digital process.” 

SAB’s Corporate Account Opening Platform has received the “Global SME Banking Innovation Award” for three consecutive years from The Digital Banker publication. The platform now enables businesses to open accounts within minutes and instantly access banking services through the SAB iCorp app, including payroll management and other key features.

By launching this new digital service, SAB strengthens its role in supporting entrepreneurship and driving financial innovation across Saudi Arabia. The bank continues to invest in digital solutions that empower business owners and contribute to a thriving, sustainable SME sector.

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