Saudi industry minister tours Danish technology, pharmaceutical hubs

Saudi industry minister Bandar Alkhorayef and his delegation attend a briefing during a tour at Denmark's Novo Nordisk, a global leader in diabetes care. (SPA photo)
Short Url
Updated 11 May 2025
Follow

Saudi industry minister tours Danish technology, pharmaceutical hubs

  • Bandar Al-Khorayef examined cutting-edge insulin and biopharmaceutical production technologies at Novo Nordisk
  • At DTU Science Park, he was briefed on innovative solutions driving industrial growth and sustainability

RIYADH: Saudi Arabia’s minister of industry and mineral resources has toured key industrial and scientific sites as part of his current trip to Denmark.

Bandar Al-Khorayef’s visit to the Nordic country is focused on boosting industrial cooperation and exploring joint investment opportunities.
 
His tour included stops at pharmaceutical giant Novo Nordisk and the Technical University of Denmark Science Park.
 
At Novo Nordisk, a global leader in diabetes care, Al-Khorayef examined cutting-edge insulin and biopharmaceutical production technologies. He highlighted the strategic partnership between the company and Saudi Arabia’s Public Investment Fund via Lifera, aimed at localizing production of GLP-1 drugs and insulin within the Kingdom.
 
At the DTU Science Park, Denmark’s premier technology and innovation hub, the minister was briefed on advanced research and development units, key industrial research projects and innovative solutions driving industrial growth and sustainability.

The Science Park fosters a competitive environment for scientific research, innovation and modern technology development.
 
The visits underline the Kingdom’s dedication to bolstering strategic international partnerships, facilitating the exchange of expertise and enabling technology and knowledge transfer. Such efforts aim to localize promising industries within Saudi Arabia and realize the goals of Saudi Vision 2030 in diversifying the national economy.


Saudi Arabia announces new financial support to the Yemeni government

Updated 16 January 2026
Follow

Saudi Arabia announces new financial support to the Yemeni government

RIYADH: Saudi Ambassador to Yemen and Supervisor of the Saudi Program for the Development and Reconstruction of Yemen Mohammed Al-Jaber announced that the Kingdom, under the directives of its leadership, has provided new support to the Yemeni government's budget, aimed at paying the salaries of state employees in all sectors.

In a post on X, Al-Jaber stated that this support complements a package of development projects and initiatives, amounting to SR1.9 billion, announced on Wednesday. The package includes provision of necessary petroleum derivatives to operate power plants, which will contribute to improving the living standards of people in Yemen and alleviating daily burdens on them.

Al-Jaber’s post emphasized, in particular, that all salaries of military and security forces linked to the the higher military committee linked to the Saudi led Coalition will be paid as of Sunday. 

 

The post is likely relate to Several Media reports which have suggested that disgraced former Southern Transitional Council (STC) chief Aidaroos Al Zubaidi — who has now fled Yemen — was taking advantage of military personnel and withholding salaries as means of pressure. Al-Zubaidi is wanted by the Yemeni government for acts of high treason and corruption. 

The ambassador emphasized that these steps come within the framework of supporting the Yemeni government's efforts to implement the economic reform program, which aims to achieve financial and economic stability and enhance the state's ability to meet its basic obligations.