PR99051

RIYADH, Saudi Arabia, November 30, 2022, /PRNewswire=KYODO JBN/--

-The Saudi Federation for Cybersecurity, Programming and Drones (SAFCSP) and

Informa create Tahaluf joint venture to launch world class exhibition brands in

Saudi Arabia

-New joint venture will create professional career opportunities for Saudis in

events and related industries

-Partnership will launch a series of large-scale events in 2023 and 2024 to

serve key verticals in Saudi Arabia, including Tech, AI, Food, Pharma, Beauty,

Real Estate and Healthcare

SAFCSP and Informa, the world's largest tradeshow organiser, today announced

the formation of a new joint venture, 'Tahaluf', to support the Kingdom's

Vision 2030 objective of diversifying its economy and creating high value

employment opportunities for Saudi citizens.

By launching the Tahaluf joint venture with Informa, SAFCSP extends its mission

to stimulate growth in the Kingdom's key economic sectors to now encompass the

events industry.  Tahaluf will leverage Informa's global expertise to create a

world class events sector in the Kingdom which will further advance economic

diversification, provide access to new markets for international

businesses, attract foreign investment and support modernisation of business

activity in the Kingdom.  Tahaluf will also support the creation of new career

paths for the Kingdom's young, talented and digitally adept population, not

just in events but also in the broader creative and digital economies, from

communications and branding to digital marketing and digital product

development. The Tahaluf Academy will provide an annual cohort of young Saudi

professionals the opportunity to gain hands-on training and international

events experience through a series of rotations across the global Informa

business, and further benefit from a industry-recognised event professional

accreditation programme.

The Tahaluf joint venture builds on the successful collaboration between SAFCSP

and Informa which launched the award-winning tech event LEAP

(www.onegiantleap.com)[http://www.onegiantleap.com/] in 2022, co-organised with

the Ministry of Communications and IT, and world-renowned cyber brand, Black

Hat (www.blackhatmea.com)[https://blackhatmea.com/], co-organised with the

General Entertainment Authority and part of Riyadh Season.  Tahaluf will

license Informa's market-leading brands to launch a host of new B2B events,

digital experiences and services in 2023 and beyond, initially focused on

strategically important sectors such as technology, real estate,

pharmaceuticals, food, health and beauty, tourism and hospitality.

Tahaluf's new launches will include the artificial intelligence event DeepFest

(www.deepfest.com) [http://www.deepfest.com/] 6-9 February 2023; food and

hospitality show, Feast (www.Onegiantfeast.com) 24 – 26 October 2023; beauty

industry festival Cosmoprof Middle East; international real estate show

Cityscape Global (www.cityscapeglobal.com)[https://www.cityscapeglobal.com/]

10-13 September 2023 and the Middle East edition of the leading pharma brand,

CPHI Middle East (www.cphi.com)[http://www.cphi.com/] 15-17 January 2024.

Mike Champion, Regional Executive Vice President of Informa Markets, commented

that Tahaluf's ambition is to focus the power and value of international events

to support the growth of strategically important industries within Saudi Arabia.

"Major events can deliver significant economic stimulus by providing market

access, driving inbound investment and generating international trade. We are

honoured to have extended our partnership with SAFCSP to create Tahaluf, and

together we aim to create world class, sustainable events in Saudi Arabia that

will be an international showcase for key sectors of the Saudi economy, as well

as contributing to a thriving events industry in the Kingdom. It is our mission

to bring world class events to the Kingdom and to be a positive force in making

Saudi Arabia a global hub for events",said Champion.

Faisal Al-Khamisi, Chairman of SAFCSP said: "Saudi Arabia has hosted an

expanding portfolio of global events in recent years, and now, through Tahaluf,

SAFCSP is investing to further elevate the Saudi events industry and related

creative and digital sectors. Tahaluf will be a significant contribution to

SAFCSP's mission of supporting skills development and creating career

opportunities for Saudi youth in dynamic, professional sectors, and will also

contribute to the overall diversification and modernisation of key industries

in Saudi Arabia."

"Informa has played a leading role in the events industry internationally,

including pioneering digital, on-demand and data-driven experiences, and

leading sustainability initiatives across the sector. This expertise has helped

to launch successful events together in the past and will be invaluable in

delivering the ambitious plans announced today. Tahaluf – the Arabic word for

'Alliance' - reflects the strength of the partnership between SAFCSP and

Informa, and our plans to work closely together in this next stage of

developing world-class events for Saudi Arabia," Al-Khamisi added.

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Source: Tahaluf