Success for Saudi inventors at tech event in Moscow

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Dr. Raed bin Khaled Qarmali meets award-winning Saudi innovators. (SPA)
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Dr. Raed bin Khaled Qarmali meets award-winning Saudi innovators. (SPA)
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Dr. Raed bin Khaled Qarmali meets award-winning Saudi innovators. (SPA)
Updated 31 March 2019

Success for Saudi inventors at tech event in Moscow

  • Dr. Raed bin Khaled Qarmali: “Saudi Arabia is full of distinguished and capable innovators”

MOSCOW: Saudi Ambassador to Russia Dr. Raed bin Khaled Qarmali on Friday met award-winning Saudi innovators at the closing ceremony of Archimedes, the 22nd Moscow International Inventions and Innovative Technology Salon.
“The Kingdom is full of distinguished and capable innovators,” he said.
Hamad Al-Yami received a gold Archimedes medal and a special prize from the German Innovators Union and the Iraqi Society of Inventors and Innovators for his invention, which makes use of nanotechnology.
Dr. Hind Abdul Ghaffar also received a gold medal, in addition to a special prize from the Romanian Inventors Forum, while Ayed Al-Subaie was awarded a gold medal and a special prize from the Moroccan Union of Inventors and a silver medal from the Iraqi Society of Inventors and Innovators.
Maram Al-Qahtani, Samia Al-Shahri, Dr. Ghada Al-Qahtani, Reem Al-Zahrani and Zahra Qaysi were presented with silver Archimedes medals.
Fatima Al-Otaibi received a bronze Archimedes medal, as did Mariam Al-Qahtani, who also received a gold medal from the Indonesian Innovation and Invention Promotion Association.


G20 ready to limit effects of coronavirus on global economy, Saudi finance minister

Updated 2 min 21 sec ago

G20 ready to limit effects of coronavirus on global economy, Saudi finance minister

RIYADH: Finance officials from the Group of 20 major economies agreed on Sunday to continue monitoring the risk from the coronavirus outbreak and to adopt appropriate policies to limit the global economic impact, Saudi Arabia's finance minister said.
The two-day gathering in Riyadh was dominated by growing concern over the widening fallout from the coronavirus outbreak, with the International Monetary Fund predicting it would shave 0.1 percentage point off global growth. 
During the meeting, which also included central bank governors heads of international and regional organizations, under the Saudi G20 Presidency, was chaired by Saudi finance minister Mohammed Al-Jadaan and the Saudi Central Bank
governor Ahmed Al-Kholifey.
They also discussed the global economic outlook and possible policy responses to support growth and safeguarding against downside risks, as well as the priorities of the Saudi G20 presidency, under the theme of “Realizing Opportunities of the 21st Century for All.” 
They also addressed the tax challenges arising from the digitalization of the economy, utilizing the benefit of technology for infrastructure, developing domestic capital markets, and framing supervisory and regulatory issues for the digital era.