Beijing to host China-Saudi Investment Conference on Tuesday

Saudi Investment Minister Khalid al-Falih addresses the 10th Arab-China Business Conference in Riyadh on June 11, 2023. (AFP/File)
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Updated 10 December 2023
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Beijing to host China-Saudi Investment Conference on Tuesday

  • The conference aims to enhance the strategic partnership between the two countries in investment, trade and the economy
  • Saudi Investment Minister Khalid Al-Falih will also visit several Chinese cities to meet with business leaders

RIYADH: Beijing will host the China-Saudi Investment Conference on Tuesday on the sidelines of a visit by Investment Minister Khalid Al-Falih, the Saudi Press Agency reported on Saturday.
The conference aims to enhance the strategic partnership between the two countries in investment, trade and the economy, and to support China’s Belt and Road Initiative to connect Asia with Africa and Europe.
More than 700 attendees are expected, including senior officials, CEOs, investors and entrepreneurs. 
They will review and discuss investment opportunities and initiatives aimed at fostering increased cooperation between the two countries.

The conference agenda includes dialogue sessions covering topics such as clean energy, finance, investment, mining, metals, tourism, entertainment, food security, agriculture, logistics services, shipping, supply chains, the digital economy, artificial intelligence, modern manufacturing industries, and advanced technology through workshops.

Al-Falih will also visit several Chinese cities to meet with business leaders. Technical teams from his ministry will conduct workshops and field visits to explore cooperation opportunities, with participation expected from representatives in both the government and private sectors.

During the recent Asia Future Investment Initiative Priority Summit in Hong Kong, Al-Falih took part in a symposium where he emphasized the Middle East’s pivotal role in fostering prosperity among Southern countries.
He stressed the significance of energy and digital transformation as tools for achieving development.

Diplomatic ties between the two countries span over 30 years, with China currently Saudi Arabia’s largest trading partner. Bilateral trade and investment have grown significantly in recent years.


Saudi scientific organization celebrates 2025 Nobel Prize in Chemistry laureate Omar Yaghi

Updated 30 January 2026
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Saudi scientific organization celebrates 2025 Nobel Prize in Chemistry laureate Omar Yaghi

  • King Abdulaziz City for Science and Technology honors him with a reception at its headquarters in Riyadh
  • Yaghi, the first Saudi recipient of a Nobel Prize, shared the Nobel Prize with 2 other scientists for their pioneering work in molecular chemistry

LONDON: King Abdulaziz City for Science and Technology in Riyadh honored Omar Yaghi, the Saudi scientist and recipient of the 2025 Nobel Prize in Chemistry, with a reception at its headquarters in Riyadh on Thursday.

Yaghi is the first Saudi scientist awarded a Nobel Prize. He received it in December, alongside two other scientists, for their pioneering work in the field of molecular chemistry, and for contributions to energy, the environment and advanced materials.

He is also supervisor of the Center of Excellence for Nanomaterials for Clean Energy Applications, a collaboration between KACST and the University of California, Berkeley.

Munir Eldesouki, the president of KACST, said that the Kingdom is keen to recognize its scientific talents, in keeping with Saudi Vision 2030 and its goals relating to the fostering of scientific research. 

King Abdulaziz City for Science and Technology in Riyadh honored Omar Yaghi, the Saudi scientist and recipient of the 2025 Nobel Prize in Chemistry. (SPA)

Yaghi said he appreciated the support he had received from Saudi leaders during his career, and praised them for creating an enabling environment in which scientists are able to pursue world-class research, development and innovation.

Investment in national talent has created a research ecosystem that positions Saudi Arabia among the leading scientific nations, he added.

Thursday’s event, attended by the organization’s staff and students, also honored the winning teams from the recent “GenAI for Materials Discovery Hackathon,” which KACST organized in partnership with the University of California, Berkeley, and Academy 32, a nonprofit Saudi organization dedicated to research, development and innovation.

The celebration concluded with an interactive discussion session during which Yaghi talked with students and researchers, reflected on key milestones in his scientific journey, and shared insights into the factors that helped shape his career, the Saudi Press Agency reported.