Saudi Arabia launches campaign to promote intellectual property rights

The Saudi Authority for Intellectual Property aims to organize, support, sponsor, protect and promote IP in the Kingdom. (Shutterstock)
Updated 28 April 2019

Saudi Arabia launches campaign to promote intellectual property rights

  • Events will be staged in shopping malls throughout Saudi Arabia

RIYADH: The Saudi Authority for Intellectual Property has launched a major awareness campaign to coincide with an international promotional event.

The government body has organized a range of activities to mark its first participation in World Intellectual Property Day, which this year is themed “Reach for Gold: IP and Sports.”

Events will be staged in shopping malls throughout the Kingdom with awareness messages promoted under the slogan “#I_respect_intellectual_property_rights.”

Intellectual property (IP) refers to creations of the mind, such as inventions, literary and artistic works, designs, and symbols, names and images used in commerce. IP is protected in law by patents, copyright and trademarks which enable people to earn recognition or financial benefit from what they invent or create.

The Saudi Authority for Intellectual Property aims to organize, support, sponsor, protect and promote IP in the Kingdom in line with local and international standards, and in cooperation with other bodies has organized workshops and run social media and newspaper initiatives to push its messages.

Dr. Abdul Aziz bin Mohammed Al-Swailem, the authority’s CEO, said the agency was working with the World Intellectual Property Organization to celebrate international IP day and help promote a culture of protection and respect for IP rights by raising awareness in society.

This year’s “Reach for Gold: IP and Sports” campaign explores how innovation, creativity and the IP rights that encourage and protect them support the development of sport and its enjoyment around the world.

Business relationships built on IP rights help to secure the economic value of sports which in turn stimulates growth of the industry by financing events and promoting grassroots development of sports.
 


Saudi Arabia, Russia sign agreements during Vladimir Putin visit to Riyadh

Updated 36 sec ago

Saudi Arabia, Russia sign agreements during Vladimir Putin visit to Riyadh

  • King Salman, Crown Prince Mohammed bin Salman welcome Russian leader at Al-Yamamah Palace

DUBAI: Russian President Vladimir Putin arrived in Riyadh on Monday on his first visit since 2007, and was welcomed to Al-Yamamah Palace by Saudi King Salman as well as Crown Prince Mohammed bin Salman.

Riyadh Governor Prince Faisal bin Bandar earlier personally welcomed the Russian leader as he disembarked from his aircraft at King Khalid International Airport.

An official welcoming ceremony was held in honor of Putin and various agreements were signed between the governments of Saudi Arabia and Russia including an oil cooperation pact.

Some 20 agreements were signed between the two countries, in a ceremony overseen by the king, crown prince, Putin and Russian foreign minister Sergei Lavrov.

Russian sovereign wealth fund RDIF and Saudi Arabia's SALIC signed an agreement to team up in searching for investment projects in the Russian agricultural sector, RDIF said in a statement on Monday.

Putin’s “long-awaited” visit will include discussions on “further cooperation to stabilize prices on the world carbohydrate market” as well as the situation in Syria, the Gulf and Yemen.

The Russian leader, in an interview with Arab broadcasters and aired on Sunday ahead of his arrival, described the “very good relations” with the Saudi leadership.

“We consider Saudi Arabia a friendly nation. I have very good relations with both the King and the Crown Prince,” Putin said, and noted the improved bilateral relations between both countries.

Putin in the interview likewise condemned the Sept. 14 attacks on Aramco facilities, and said “such actions do not bring any positive results to anybody, including perpetrators,” as they do not have a strong effect on the market.

“We condemn any such actions, end of story. This is the official position … regardless of who stood behind the incident,” the Russian president commented.

A forum attended by Saudi Arabian and Russian business leaders and government officials earlier Monday resulted in the signing of several agreements between companies of both countries.

(Developing)