Saudi Authority for Intellectual Property meets with lawyers to define its role

The Saudi Authority for Intellectual Property has held a meeting with lawyers, in conjunction with the Saudi Arabian Bar Association. (SPA)
Updated 16 September 2018
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Saudi Authority for Intellectual Property meets with lawyers to define its role

RIYADH: The Saudi Authority for Intellectual Property has held a meeting with lawyers, in conjunction with the Saudi Arabian Bar Association, to discuss the future of intellectual property law in the Kingdom, in a bid to enhance cooperation between the authority and Saudi lawyers.
A historical background of intellectual property in Saudi Arabia was presented to the delegates, showing its accession to the International Intellectual Property Organization (WIPO) in 1982, through to the Paris Convention for the Protection of Industrial Property (PARIS) and the issuance of a number of related regulations such as copyright, patent and trademark.
They also discussed the national strategy for intellectual property, the development of intellectual property systems, the efficient and high quality of products and services, the raising of awareness of intellectual property rights, as well as the direction of the intellectual property system in the Kingdom.
It is hoped that the meeting will raise awareness of intellectual property law in the Kingdom and the activities of the authority.

The authority was established in March this year to tighten up the Kingdom's approach to intellectual property and law.


Sakani program to add 11,000 homes in Jeddah

The Housing Ministry has deals with two real-estate companies. (Reuters/File)
Updated 18 October 2018
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Sakani program to add 11,000 homes in Jeddah

  • The first project, Rawabi Hijaz, is on private-sector land and will includes 9,502 units
  • The Ministry stressed its keenness to work with qualified developers to add to housing stock

JEDDAH: The Saudi Ministry of Housing has signed agreements with two real-estate development companies to add more than 11,000 homes in Jeddah for the Sakani program. The deals were signed on October 15 during an event announcing the program’s 10th batch of beneficiaries.
The first project, Rawabi Hijaz, is on private-sector land and will includes 9,502 units, while the second, Jeddah airport housing, is on land owned by the Ministry and will includes 2,203 units.
The agreements were signed in the presence of Minister of Housing Majid bin Abdullah Al-Hugail, National Housing Company CEO Mohammed bin Saleh Al-Bati, and officials from the ministry and the Real Estate Development Fund. They follow previous agreements signed by the Ministry of Housing with a number of developers to build housing in various regions of the Kingdom. Sixty projects providing more than 90,000 diverse homes, with prices ranging from SR250,000 to SR750,000 have already been launched.
The Ministry stressed its keenness to work with qualified developers to add to housing stock and support supply in the sector, to encourage competition between companies to meet the needs of citizens in a way that suits local markets and ensures the provision of continued maintenance services for the residential units.
“The real-estate developers with whom we signed contribute along with the Ministry to the service of citizens in order to provide a suitable residential environment on the levels of prices and specifications, while presenting the beneficiaries with the guarantees needed,” the Ministry said.
“These projects will be completed and handed over to the beneficiaries within a period not exceeding three years. These housing projects are integrated in terms of services and public facilities. They include mosques, public parks and green areas as well as government buildings.”