JEDDAH: Signed agreements between Saudi Arabia and China are worth more than $60 billion, said Minister of Energy, Industry and Mineral Resources Khalid Al-Falih.
He declared the establishment of a joint company between the Royal Commission for Jubail and Yanbu, Saudi Aramco and a Chinese company in Jizan region. It will be the biggest developed platform between the two countries, with the aim of attracting Chinese investments in various industrial sectors in Jizan.
“Saudi Arabia aspires to be the biggest investor in the sector of refining petrochemicals in the Chinese market, and there will be a big development in this field,” said Al-Falih.
“There is a strategic partnership between the two countries that was launched since the visit of the Chinese president to Saudi Arabia, followed by the visit of Crown Prince Mohammed bin Salman.”
Chinese Vice Premier Zhang Gaoli on Wednesday held a meeting with Saudi businessmen representing various economic, industrial and investment sectors, in the presence of Al-Falih. The meeting was held to boost joint investment opportunities between the two countries.
Jeddah on Thursday hosted the Saudi-Chinese Forum, organized by the Ministry of Energy, Industry and Mineral Resources with the involvement of the Ministry of Commerce and Investment, the Council of Saudi Chambers, and Saudi and Chinese businessmen.
The forum discussed ways to promote commercial exchanges, and inviting the business sector to benefit from investment opportunities in both countries.
Bilateral commercial trade reached $49 billion in 2015.
Al-Falih: $60bn worth of joint projects between Saudi Arabia, China
Al-Falih: $60bn worth of joint projects between Saudi Arabia, China
Saudi inventor wins two gold medals at Mideast International Invention Fair
- Khudry was recognized for inventing a device designed to filter materials and recycle used liquids
- The innovation aims to improve efficiency in liquid purification and reuse
RIYADH: Saudi inventor Duaa Nizar Khudry won two gold medals at the 16th International Invention Fair in the Middle East (IIFME), held in Kuwait from February 8 to 11, the Saudi Press Agency (SPA) reported.
Khudry was recognized for inventing a device designed to filter materials and recycle used liquids, an innovation aimed at improving efficiency in liquid purification and reuse. The technology has potential applications in environmental protection, industrial processing, and water conservation, particularly in regions where sustainable resource management is critical.
A member of the Mawhiba Alumni Program, Khudry represented Saudi Arabia with the support and nomination of the King Abdulaziz and His Companions Foundation for Giftedness and Creativity (Mawhiba), which was participating in the fair for the third time.
She received her first gold medal from the fair’s organizers and was also awarded the IFIA Best Invention Award by the International Federation of Inventors’ Associations, recognizing her innovation as one of the most outstanding entries in the exhibition.
The IIFME, organized annually by the Kuwait Science Club since its launch in 2007, is regarded as one of the region’s largest specialized invention exhibitions and a major platform for inventors to present their work to international audiences.
As a student, Khudry won first place nationwide at the National Olympiad for Scientific Creativity (Ibdaa) in 2013 for the same recycling device, competing against tens of thousands of students across the Kingdom. She later obtained an official patent for the invention in 2024, strengthening its scientific and commercial potential.
She studied chemistry and is currently pursuing graduate studies in materials science and engineering under the Custodian of the Two Holy Mosques Scholarship Program. Her research focuses on environmental sustainability, advanced materials, and liquid purification technologies.
