Saudi Arabia intellectual property authority signs MoU with South Korea

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The Saudi Authority for Intellectual Property has signed a Memorandum of Understanding with the South Korean Intellectual Property Office. (SPA)
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The Saudi Authority for Intellectual Property has signed a Memorandum of Understanding with the South Korean Intellectual Property Office. (SPA)
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The Saudi Authority for Intellectual Property has signed a Memorandum of Understanding with the South Korean Intellectual Property Office. (SPA)
Updated 25 September 2018
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Saudi Arabia intellectual property authority signs MoU with South Korea

  • The MoU was signed on the sidelines of the 58th General Assembly of the Member States of the World Intellectual Property Organization in Switzerland
  • It was signed by Dr. Abdul Aziz bin Mohammed Al-Swailem, executive chairman

JEDDAH: The Saudi Authority for Intellectual Property has signed a Memorandum of Understanding with the South Korean Intellectual Property Office to cooperate in the protection of intellectual property rights.
The MoU was signed on the sidelines of the 58th General Assembly of the Member States of the World Intellectual Property Organization in Switzerland.
It was signed by Dr. Abdul Aziz bin Mohammed Al-Swailem, executive chairman of the Saudi Authority for Intellectual Property and Kim Tae Man, the Korean commissioner for Korean Intellectual Property Office in South Korea.
The MoU aims to establish a general framework for intellectual property cooperation between the two countries and the development of automation systems, including workflow mechanisms, information systems and administrative processes.

This is done through the exchange of information on the policies, strategies and plans related to automation systems, as well as the development of the licensing program for intellectual property agents of the authority.
It also aims to enhance bilateral cooperation between the two nations to support the environment of creativity and innovation, to increase coordination and synergy in order to increase public awareness and enhance the knowledge of the community on the content and applications of intellectual property, and exchange of experiences in the fields of intellectual property and cooperation in the conduct of studies and research in fields and topics of common interest.


Motorsport, rock bands, tourists … welcome to the new Saudi Arabia

There was an explosion of joy at the podium when Antonio Felix da Costa lifted the winner’s trophy at the conclusion of the Formula E Saudia Ad Diriyah E-Prix on Saturday. (Photo/Supplied)
Updated 16 December 2018
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Motorsport, rock bands, tourists … welcome to the new Saudi Arabia

  • Three-day event at Ad Diriyah reaches spectacular climax in an unprecedented spirit of openness

The driver with the winner’s trophy was Antonio Felix da Costa — but the real winners were Saudi Arabia itself, and more than 1,000 tourists visiting the country for the first time.

Da Costa, the Andretti Motorsport driver, won the Formula E Saudia Ad Diriyah E-Prix in front of thousands of race fans at a custom-built track in the historic district on the outskirts of Riyadh.

But in truth, the event was about much more than high-tech electric cars hurtling round a race track — thrilling though that was. The three-day festival of motorsport, culture and entertainment was Saudi Arabia’s chance to prove that it can put on a show to rival anything in the world, and which only two years ago would have been unthinkable.

The event was also the first to be linked to the Sharek electronic visa system, allowing foreigners other than pilgrims or business visitors to come to Saudi Arabia.

Jason, from the US, is spending a week in the country with his German wife, riding quad bikes in the desert and visiting heritage sites. “I’ve always wanted to come for many, many years ... I’m so happy to be here and that they’re letting us be here,” he said.

Aaron, 40, a software engineer, traveled from New York for two days. “Saudi Arabia has always been an exotic place ... and I didn’t think I’d ever be able to come here,” he said.

About 1,000 visitors used the Sharek visa, a fraction of what Saudi Arabia aims eventually to attract. 

“Hopefully we will learn from this and see what we need to do for the future, but I can tell you from now that there is a lot of demand,” said Prince Abdul Aziz bin Turki Al-Faisal, vice chairman of the General Sports Authority.

His optimism was backed by Kirill Dmitriev, chief executive of the Russian Direct Investment Fund and a visitor to Ad Diriyah. “Such events will attract tourists and are a true celebration for young Saudis who desire a bright future,” he said.

“The vision of moderate Islam, promoted by Crown Prince Mohammed bin Salman, is important both for the region and the entire world, and its realization needs to be appreciated, respected and supported.”

The event ended on Saturday night with a spectacular show by US band OneRepublic and the superstar DJ David Guetta. “Just when you think things can’t get better, they suddenly do,” said concertgoer Saleh Saud. “This is the new Saudi Arabia, and I can’t wait to see what’s going to happen next.”