Saudi efforts to boost innovation pay off

Investment in research and development in Saudi Arabia increased to SR22.6 billion ($6 billion) in 2023, a 17.4 percent increase compared with 2022. (SPA)
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Updated 26 June 2025
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Saudi efforts to boost innovation pay off

  • Official figures show that 8,029 patent applications were submitted in the country in 2024, an increase of 13.3 percent on the previous year

RIYADH: Support provided by Saudi authorities for scientific research, innovation and university teaching have been credited for recent achievements by innovators in the Kingdom.

Official figures show that 8,029 patent applications were submitted in the country in 2024, an increase of 13.3 percent on the previous year. In addition, 31,834 trademarks and 1,578 industrial designs were registered, and 4,355 patents were published.

Investment in research and development in Saudi Arabia increased to SR22.6 billion ($6 billion) in 2023, a 17.4 percent increase compared with 2022.

Recent examples of Saudi innovators honored with awards for research and innovation at international events included ophthalmologist Dr. Saad Al-Anzi, who won the grand prize at the Geneva International Exhibition in April this year for inventing a cost-effective surgical tool for cataract operations, while six other Saudi innovators received global awards at the event and 134 received global medals.

And 39 students from King Abdulaziz University received a global award at the IENA Expo for ideas, inventions and new products in Germany last October.


Iranian foreign minister calls Saudi counterpart ahead of nuclear talks with US

Updated 05 February 2026
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Iranian foreign minister calls Saudi counterpart ahead of nuclear talks with US

  • They discuss importance of resolving differences through dialogue and diplomacy
  • Regional powers pushed for the talks, scheduled for Friday in Oman, between Tehran and Washington

LONDON: Saudi Foreign Minister Prince Faisal bin Farhan received a telephone call from his Iranian counterpart, Abbas Araghchi, on Wednesday ahead of critical nuclear talks between Tehran and Washington.

They discussed the importance of resolving differences through dialogue and diplomacy, as well as efforts to maintain the security and stability of the region, the Saudi Press Agency reported.

Regional powers had pushed for the talks, scheduled for Friday in Oman, between Iran and the US in an attempt to reach an agreement regarding Tehran’s nuclear program and prevent another escalation in the region.

In a message confirming the talks, posted on social media platform X on Wednesday, Araghchi wrote: “Nuclear talks with the United States are scheduled to be held in Muscat on about 10 a.m. Friday. I’m grateful to our Omani brothers for making all necessary arrangements.”