FIBO Arabia Debuts in Saudi Arabia

The Saudi Arabian Ministry of Investment and its Sport Sector Team have signed an agreement with RX Arabia to facilitate the launch of FIBO Arabia in the Kingdom.

This annual event brings together major stakeholders from the health, fitness, and wellness industries, creating a platform that promotes innovations, investments, and trends catering to active lifestyles.

Read Also: FIBO Riyadh: Hospitality & Fitness

Scheduled to debut at the Riyadh Front Exhibition and Conference Center from October 1-3, the show is organized by RX, a global leader in exhibitions and events.

Operating under the theme of fostering a strong and healthy society, FIBO Arabia has already sold 60 percent of its exhibitor space following a successful sales launch at FIBO’s flagship event in Cologne, Germany.

The Cologne show hosted 1,200 exhibitors from 60 nations and attracted 154,748 visitors from 129 countries.

The launch of FIBO Arabia aligns with Saudi Arabia’s Vision 2030 strategy, which promotes economic diversification by investing in the sports sector.

By 2030, the government aims to invest $22 billion into activities including sports clubs, academies, equipment, and facilities.

Vasyl Zhygalo, RX’s managing director for the Middle East and emerging markets, emphasized the significance of this partnership, stating, "We are honored to have the Ministry of Investment support FIBO Arabia.

This reinforces the Saudi government’s dedication to health and fitness, as well as its favorable approach to attracting global investors to this growing sector."

Saudi Arabia’s efforts to position itself as a global hub for sports are further emphasized by its hosting of major international events like the 2034 FIFA World Cup, 2027 AFC Asian Cup, and the 2029 Asian Winter Games.

The Kingdom’s fitness market is also predicted to grow substantially. According to Gymnation, the sector is projected to achieve a compound annual growth rate of 9.7 percent from now until 2032, when it is expected to be worth $2.28 billion.

Basim K. Ibrahim, the sport sector investment development director at the Ministry of Investment, highlighted FIBO Arabia’s alignment with Vision 2030 goals, describing it as a crucial platform for advancing fitness and wellness while enhancing the Kingdom’s status as an investment hub in this sector.

He said the event offers an opportunity for both international and local brands to present cutting-edge solutions, technologies, and innovations.

“We anticipate that FIBO Arabia will positively impact our communities and open exciting opportunities for the future,” Ibrahim added.

Over the course of its three-day run, FIBO Arabia will provide unique opportunities for networking, business development, and education.

A strong emphasis will be placed on professional growth, with the event offering a wide array of workshops, seminars, and keynote sessions led by industry experts.

Read More: FIBO Riyadh Links Hospitality & Fitness

Source: arabnews

The opinions shared in the GymNation KSA blog articles are solely those of the respective authors and may not represent the perspectives of GymNation or any member of the GymNation team.