St. petersburg: The Saudi industry and mining ecosystem is participating in the 29th St. Petersburg International Economic Forum (SPIEF 2026), as Saudi Arabia attends as a guest of honor. The forum opened today in St. Petersburg, Russian Federation, and runs until June 6.

According to Saudi Press Agency, participating entities include the Ministry of Industry and Mineral Resources, the Saudi Authority for Industrial Cities and Technology Zones, the Saudi Industrial Development Fund, the Industrial Center, and the Saudi Export-Import Bank. These entities are actively showcasing investment opportunities for global investors and companies.

A number of national companies are also participating in the ecosystem's pavilion, highlighting capabilities in advanced manufacturing, automation solutions, and promising industrial and mining sectors.

This year marks the 100th anniversary of the establishment of diplomatic relations between Saudi Arabia and Russia, reflecting the depth of bilateral ties and opening broader horizons for cooperation in economic, industrial, and investment fields.