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2025 International MICE Summit (IMS) to convene global leaders as Vision 2030 powers Saudi Arabia's rise as a global hub for business events

Business

2025 International MICE Summit (IMS) to convene global leaders as Vision 2030 powers Saudi Arabia's rise as a global hub for business events
Business

Business

2025 International MICE Summit (IMS) to convene global leaders as Vision 2030 powers Saudi Arabia's rise as a global hub for business events

2025-10-07 21:11 Last Updated At:21:35

  • Over 2,000 global industry and government leaders will attend the second edition of the International MICE Summit (IMS25) in Riyadh, reinforcing Saudi Arabia's position as one of the fastest-growing business events destinations globally.
  • The event builds upon the success of the inaugural 2024 IMS, which attracted more than 1,700 attendees from 25 countries, as Saudi Arabia prepares to host Expo 2030 and the 2034 World Cup.
  • RIYADH, Saudi Arabia, Oct. 7, 2025 /PRNewswire/ -- The International MICE Summit (IMS25) will return to Riyadh during 26–27 November 2025, bringing together more than 2,000 global leaders to unlock growth across the Meetings, Incentives, Conferences and Exhibitions (MICE) industry. Hosted by the Saudi Conventions & Exhibitions General Authority (SCEGA), IMS25 will provide attendees with unparalleled access to the world's fastest-growing major events destination. Aligned with Vision 2030's goals of economic diversification and human capability development, IMS25 showcases how business events drive cross-sector innovation and sustainable growth. Saudi Arabia is experiencing unprecedented growth in the MICE sector, as the Kingdom invests across the ecosystem in preparation for Expo 2030 and the 2034 Football World Cup.

    Following the resounding success of its inaugural edition in 2024, which attracted more than 1,700 attendees, 140 speakers and moderators from more than 25 countries, IMS25 is set to further cement its position as the global convening force under the theme 'Public - Private Collaboration: Fueling MICE Growth'.

    "Vision 2030 is delivering an unprecedented era of opportunity for the events industry, creating new experiences, opportunities and destinations as Saudi Arabia welcomes the world," said IMS host and Chairman of SCEGA, His Excellency Fahd Al-Rasheed. "By bringing together leaders, event investors and decision-makers, IMS25 will drive collaboration that delivers connectivity, innovation, and growth across the Kingdom and the global MICE industry."

    "IMS25 builds upon the success of the inaugural Summit last year, deepening partnerships and ensuring this sector can realize the unprecedented opportunities before us, defining new models for growth and value. The business events sector alone has grown by 44% in the past five years, underscoring its pivotal role in the Kingdom's economic diversification."

    As the fastest-growing business events destination in the G20, Saudi Arabia's giga-projects, world-class infrastructure investments, and bold vision are generating unprecedented growth opportunities, approximately 17,000 events taking place every year. The Kingdom welcomed a record-breaking 115.9 million tourists in 2024, with a 19% year-on-year increase in visitor spending by international visitors and an 11% overall growth in total tourism spending.

    The two-day IMS25 program will feature Ministers, private sector CEOs and commercial announcements in a range of settings, including innovation clusters, a future MICE leaders' platform, and a celebration gala dinner. Registration is now open at www.internationalmicesummit.com

    About the International MICE Summit

    The International MICE Summit (IMS) gathers global leaders from the Meetings, Incentives, Conferences, and Exhibitions (MICE) sector, as well as professionals, and organizations from across event-based industries including tourism, culture, sports and entertainment. Hosted by the Saudi Conventions & Exhibitions General Authority (SCEGA), IMS25 provides a platform to connect with the world's newest destinations, decision-makers and innovations to shape the next decade of industry growth. IMS25 follows the resounding success of the inaugural IMS edition in 2024, which attracted 1,700+ attendees, 140 speakers and moderators, and representation from 25 countries.

    For more information or to register for the event, visit:

    Website – www.internationalmicesummit.com 

    Twitter/X - https://x.com/ims_summit 

    LinkedIn - https://www.linkedin.com/company/ims-summit/ 

    YouTube - https://youtube.com/@ims.summit?si=G06nYTaOUWer-OKq 

    About the Saudi Conventions & Exhibitions General Authority (SCEGA)

    The Saudi Conventions & Exhibitions General Authority (SCEGA) is the official body overseeing the development and regulation of Saudi Arabia's exhibitions and conventions sector. Established by Royal Decree in 2018, SCEGA aims to strengthen the sector's economic impact by setting strategic policies, issuing licenses, promoting Saudi Arabia as a premier MICE destination, and fostering investment in line with global standards. Through collaboration with national and international stakeholders, SCEGA works to enhance sector growth, support talent development, and create opportunities for showcasing the Kingdom's unique identity on the world stage.

RIYADH, Saudi Arabia, Oct. 7, 2025 /PRNewswire/ -- The International MICE Summit (IMS25) will return to Riyadh during 26–27 November 2025, bringing together more than 2,000 global leaders to unlock growth across the Meetings, Incentives, Conferences and Exhibitions (MICE) industry. Hosted by the Saudi Conventions & Exhibitions General Authority (SCEGA), IMS25 will provide attendees with unparalleled access to the world's fastest-growing major events destination. Aligned with Vision 2030's goals of economic diversification and human capability development, IMS25 showcases how business events drive cross-sector innovation and sustainable growth. Saudi Arabia is experiencing unprecedented growth in the MICE sector, as the Kingdom invests across the ecosystem in preparation for Expo 2030 and the 2034 Football World Cup.

Following the resounding success of its inaugural edition in 2024, which attracted more than 1,700 attendees, 140 speakers and moderators from more than 25 countries, IMS25 is set to further cement its position as the global convening force under the theme 'Public - Private Collaboration: Fueling MICE Growth'.

"Vision 2030 is delivering an unprecedented era of opportunity for the events industry, creating new experiences, opportunities and destinations as Saudi Arabia welcomes the world," said IMS host and Chairman of SCEGA, His Excellency Fahd Al-Rasheed. "By bringing together leaders, event investors and decision-makers, IMS25 will drive collaboration that delivers connectivity, innovation, and growth across the Kingdom and the global MICE industry."

"IMS25 builds upon the success of the inaugural Summit last year, deepening partnerships and ensuring this sector can realize the unprecedented opportunities before us, defining new models for growth and value. The business events sector alone has grown by 44% in the past five years, underscoring its pivotal role in the Kingdom's economic diversification."

As the fastest-growing business events destination in the G20, Saudi Arabia's giga-projects, world-class infrastructure investments, and bold vision are generating unprecedented growth opportunities, approximately 17,000 events taking place every year. The Kingdom welcomed a record-breaking 115.9 million tourists in 2024, with a 19% year-on-year increase in visitor spending by international visitors and an 11% overall growth in total tourism spending.

The two-day IMS25 program will feature Ministers, private sector CEOs and commercial announcements in a range of settings, including innovation clusters, a future MICE leaders' platform, and a celebration gala dinner. Registration is now open at www.internationalmicesummit.com

About the International MICE Summit

The International MICE Summit (IMS) gathers global leaders from the Meetings, Incentives, Conferences, and Exhibitions (MICE) sector, as well as professionals, and organizations from across event-based industries including tourism, culture, sports and entertainment. Hosted by the Saudi Conventions & Exhibitions General Authority (SCEGA), IMS25 provides a platform to connect with the world's newest destinations, decision-makers and innovations to shape the next decade of industry growth. IMS25 follows the resounding success of the inaugural IMS edition in 2024, which attracted 1,700+ attendees, 140 speakers and moderators, and representation from 25 countries.

For more information or to register for the event, visit:

Website – www.internationalmicesummit.com 

Twitter/X - https://x.com/ims_summit 

LinkedIn - https://www.linkedin.com/company/ims-summit/ 

YouTube - https://youtube.com/@ims.summit?si=G06nYTaOUWer-OKq 

About the Saudi Conventions & Exhibitions General Authority (SCEGA)

The Saudi Conventions & Exhibitions General Authority (SCEGA) is the official body overseeing the development and regulation of Saudi Arabia's exhibitions and conventions sector. Established by Royal Decree in 2018, SCEGA aims to strengthen the sector's economic impact by setting strategic policies, issuing licenses, promoting Saudi Arabia as a premier MICE destination, and fostering investment in line with global standards. Through collaboration with national and international stakeholders, SCEGA works to enhance sector growth, support talent development, and create opportunities for showcasing the Kingdom's unique identity on the world stage.

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

2025 International MICE Summit (IMS) to convene global leaders as Vision 2030 powers Saudi Arabia's rise as a global hub for business events

2025 International MICE Summit (IMS) to convene global leaders as Vision 2030 powers Saudi Arabia's rise as a global hub for business events

  • Trumbull CCPP Grand Opening Ceremony held in Trumbull County, Ohio, on June 24, 2026.
  • Hanwha Power secures U.S. combined cycle power plant equipment contract with an innovative Variable Frequency Drive Integrally Geared Centrifugal Compressor design.
  • 9-year LTSA with subscription-based service model — Houston service center to anchor long-term U.S. aftermarket presence.

SEOUL, South Korea, June 25, 2026 /PRNewswire/ -- On 24th of June 2026, the successful commissioning and opening ceremony for the Trumbull Energy Center Combined Cycle Gas Turbine Power Plant (CCGT) was held in Ohio, USA, marking the successful start-up of the 950MW facility. The ceremony brought together key project partners, including Korea Southern Power Co., Ltd. (KOSPO), Gemma Power Systems, Siemens Energy, Ohio state government officials, the Korean Consul General, and project financing lenders.

Originally developed to address the power gap from the retirement of aging coal-fired plants, the plant is expected to serve as a critical asset within the PJM (Pennsylvania-New Jersey-Maryland Interconnection) grid — the largest wholesale electricity market in the United States.

Building on hundreds of global installations, Hanwha Power successfully commissioned its first Fuel Gas Compressors (FGC) in the U.S by providing three units to the highly efficient CCGT power plant. These units feature Variable Frequency Drive (VFD) technology specifically engineered to ensure uninterrupted operation by automatically adjusting to the extreme seasonal pipeline pressure fluctuations common in the PJM region.

Beyond the equipment supply, Hanwha Power has also secured a 9-year Long-Term Service Agreement (LTSA), covering capital spare parts and maintenance services through three major overhaul cycles. Under the agreement, Hanwha Power's Houston service center will serve as the primary hub for on-site support and component refurbishment, ensuring comprehensive lifecycle management for the units. This long-term partnership is expected to serve as a cornerstone of Hanwha's expansion of its service footprint in the North American market.

Joo Mong Choi, The CEO of Trumbull Asset Management, stated, "The successful commissioning of the Trumbull Energy Center and the deployment of Hanwha Power's advanced compressors represent a significant milestone, showcasing the world-class reliability of Korean power generation technology in the U.S. market. As we contribute to the region's clean energy transition by supplying stable power to the PJM grid, we look forward to further expanding our footprint in the North American power sector through continued, strong partnerships with leading Korean companies."

"Securing both the equipment supply contract and a long-term service agreement for this project reflects the confidence our client has placed in Hanwha Power's technical and operational capabilities," said Prakash Nair, Hanwha Power's Chief Commercial Officer. "This project is a strong foundation for Hanwha Power's long-term presence in the U.S. power generation market — not only in equipment supply, but in service partnerships that last."

Meanwhile, Hanwha Power plans to further strengthen its supply of eco-friendly, high-efficiency power generation solutions and expand its service business across key markets, including North America, leveraging its accumulated technological expertise and operational experience in the global power equipment sector.

** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **

Hanwha Power Marks U.S. Market with Successful Commissioning of Trumbull Energy Center CCGT

Hanwha Power Marks U.S. Market with Successful Commissioning of Trumbull Energy Center CCGT

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