Purpose of the Russian-Saudi Business Forum and Council
To strengthen economic and business cooperation between Russia and Saudi Arabia, with an emphasis on developing sustainable partnerships in strategic industries.
Special attention will be paid to creating favorable business conditions and developing bilateral economic cooperation, including removing barriers, supporting entrepreneurship and exploring new opportunities in tecnological and tourism sectors.
Meeting consists of an open session and B2B meetings.

Location: The Ritz-Carlton, Riyadh

Event program
1 DECEMBER 2025
The Ritz-Carlton
9:00
9:00
RUSSIAN-SAUDI BUSINESS COUNCIL
Opening remarks by Chairmans
  • Mr. Tariq A.H.Abdullah Al-Qahtani
    Chairman of Saudi Russian Business Council
  • Vladimir Evtushenkov
    Chairman of Saudi Russian Business Council
PROSPECTS AND PRIORITIES OF BILATERAL COOPERATION
Presentations from Russian and Saudi Arabian companies
9:10
9:10
Russian-Saudi technological cooperation aimed at achieving the Vision 2030+ goals:
The participants will discuss how joint tech projects may contribute to the achievement of the goals set by the Kingdom of Saudi Arabia (Net-Zero by 2060 and digitalisation).
  • Case study: creation of a single biometric system in Saudi Arabia.
  • Case study: satellite data and services.
  • Smile & Pay
Speakers: The Moscow government; Emperium: CEO Andrey Bubnov, VisionLabs: CEO Dmitry Markov, Sputnix, CEO Vladislav Ivanenko, Head of Smile & Pay, Alexander Odinoky

  • Moscow's programme for green transport development. Case study: Moscow's electric river transport.
  • Saudi initiatives such as NEOM, SDAIA, and Digital Transformation
Speakers: name tbc (from the Ministry of Communications or SDAIA).
9:40
9:40
Tourism as a powerful driver of economic growth:
The participants will discuss how direct air travel will contribute to increasing mutual tourist flow and the measures to stimulate it. The Russian and Saudi teams will present premium resorts with unique infrastructure, discuss hunting tourism in Russia.  Religious tourism, AlUla, the Red Sea, and Riyadh Season.
  • Summer in Moscow, winter at the resorts of Saudi Arabia. Opportunities for marketing Saudi resorts in Russia.
Speakers: Cosmos Hotel Group CEO Alexander Biba; TBC; speakers from Saudi part Saudi Tourism Authority or Red Sea Global (TBC)

Speaker: A. Filippovskaya, Head of International Development and Tourism Department, Medsi Group, speakers from Saudi part TBC
10:10
10:10
Signing MOU to jointly explore and develop business opportunities in the GCC maritime sector
The Russia-Saudi Arabia Business Forum (full day)
Participating Russian companies
Technological Sector
VisionLabs has been specializing in creating products and solutions in the field of face recognition and augmented and virtual reality objects for more than 10 years. More than 270 customers worldwide, 1.7 million cameras with embedded VisionLabs solutions. The quality of the products has been confirmed by numerous commercial implementations, as well as independent technological tests. Together with partners, the company delivers solutions for security systems, retail, banking, transportation and other industries. Technologies Used Worldwide: in the UAE, Brazil, Saudi Arabia, Ethiopia, Vietnam, Netherlands, RSA, India, Egypt, Kazakhstan, Thailand, Kenya and other countries.
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MTS is the digital ecosystem, the leading Russian company providing mobile and fixed communications, data transmission and Internet access, cable and satellite TV broadcasting services, the leading provider of digital services, including fintech and media within ecosystems and mobile applications; and a provider of IT solutions for communication platforms, IoT, automation, monitoring, data processing, cloud computing and information security.
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Geoscan stands as a group of Russian technological enterprises which specializes in the design and fabrication of unmanned aerial systems, miniature satellites (CubeSats), avionics, wireless communication systems, and the engineering and assembly of unmanned systems and indoor navigation devices for STEM education and robotics competitions. Moreover, Geoscan’s expertise extends to services in unmanned aerial photography, which include multispectral and thermal imaging, airborne laser scanning, geological exploration, and aerial displays.
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The largest private full-service company in the field of design, production of satellite devices and platforms, as well as their operation in orbit. A leading developer and supplier of small spacecraft (micro- and nanosatellites) in Russia.
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One of the largest developers and manufacturers of electronics, an absolute leader in the field of microelectronics in Russia.
Element consists of more than 30 companies producing integrated circuits, semiconductor devices, power electronics, modules, enclosures for chips, as well as electronic equipment.
Element's products are used in banking, SIM and transport cards, urban infrastructure development and management projects, communication and satellite navigation systems, as well as transport controls and other areas. 481 patents for the development of promising products.
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Designs and manufactures electric passenger vessels, marine, and electric-charging ships. The company's manufactured products include Ecocruiser catamaran, Ecovolt, Ecobus, Cityvolt boats, and more. It offers its boats and ships for river cruises, passenger transportation, and coastal cruises.
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Kaspersky is a global cybersecurity and digital privacy company founded in 1997. With over a billion devices protected to date from emerging cyberthreats and targeted attacks, Kaspersky’s deep threat intelligence and security expertise is constantly transforming into innovative solutions and services to protect businesses, critical infrastructure, governments and consumers around the globe. The company’s comprehensive security portfolio includes leading endpoint protection, specialized security products and services, as well as Cyber Immune solutions to fight sophisticated and evolving digital threats. We help over 200,000 corporate clients protect what matters most to them.
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Positive Technologies is a Russian information security research company and a global leader in cybersecurity, the organizer of Positive Hack Days (PHDays). All Positive Technologies solutions are designed with industry-specific knowledge of how to protect business and a firm grasp of regulatory requirements. Over 2,300 organizations across the globe use our technologies and services, including 80% of the companies from the «Expert-400» rating.
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Investment Sector
Sistema is the largest private investment holding company investing in the real sector of the economy and high technologies. The company's portfolio includes leading Russian enterprises – MTS, Sitronics, Ozon, Medsi, Segezha, AH Steppe, Binnopharm, Etalon and many others. The portfolio's assets are represented in more than 20 sectors of the economy: telecommunications, high technology, financial sector, e-commerce, medicine, forestry, agriculture, pharmaceuticals, hospitality, etc.
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Transportation Apps
Car rentals