KACST pavilion in spotlight at global economic forum

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Saudi participants in the St. Petersburg International Economic Forum 2019 (SPIEF). (Supplied photo)
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The King Abdul Aziz City for Science and Technology (KACST) delegation to the St. Petersburg International Economic Forum 2019 (SPIEF). (Supplied photo)
Updated 09 June 2019
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KACST pavilion in spotlight at global economic forum

RIYADH: The King Abdul Aziz City for Science and Technology (KACST) finished its participation at the St. Petersburg International Economic Forum 2019 (SPIEF), held with the participation of 40 states at the city’s Expoforum Convention and Exhibition Center, under the title “Creating a Sustainable Development Agenda.”

Through its pavilion, KACST exhibited its capabilities in fields such as reverse engineering and 3D scanners. It also highlighted the capacities of KACST in the field of digital fabrication, office support in protecting intellectual property through documentation, licensing and patenting, and the city’s Bader program, which works on supporting and developing startup businesses focusing on technology in the Kingdom.

Dr. Anas Al-Fares, KACST vice president, spoke about how the city has sought to collaborate with international academic entities to establish centers of excellence that support technology and establish partnerships with the private and public sectors to develop and promote innovation.

SPIEF, held in Russia since 1997, is an annual event on economics and business that brings together leaders from the world’s economic powers to discuss political, social and monetary issues. SPA Riyadh


Indonesia looks for investment opportunities in Yemen

Updated 20 September 2019

Indonesia looks for investment opportunities in Yemen

  • Indonesia’s ambassador to Yemen expressed Indonesia’s interest in various fields
  • There are currently more than 2,500 students from Indonesia studying in Hadramout

DUBAI: Indonesia’s ambassador to Yemen discussed investment opportunities in the country with Yemeni officials in Hadhramout on Thursday, Saba News reported.

Hadhramout Local Authority and Leaders of Industrial and Commercial Chamber of Hadramout met with Ambassador Mustafa Tawfiq to discuss ways to strengthen trade exchange between the two countries.

The ambassador expressed Indonesia’s interest in various fields including scholarship programs and training for small business.

“In light of the current situation in Hadhramaut and the security and stability achieved, commercial and industrial relations between Hadhramaut and Indonesia are witnessing a remarkable and significant development in this aspect,” Tawfiq said, calling for increased visits between businessmen in Hadramaut with their Indonesian counterparts to expand the economic partnership between the two sides.

Meanwhile, Assistant Deputy Governor of Hadhramout for the Valley and Desert Districts Affairs, Abdulhadi Al-Tamimi welcomed Indonesia’s interest in investment opportunities, praising the historical relations between Yemen and Indonesia.

There are currently more than 2,500 students from Indonesia studying in Hadhramout, Al-Tamimi said.

The Indonesian envoy welcomed local businessmen to visit Indonesia next month where Jakarta will hold the 43rd Trade Expo where more than 1,100 companies will be participating.

However, the Yemeni official raised the issues of obtaining visas to Indonesia after the embassy’s move to Amman, Jordan from Sanaa after the Houthi militia took over the Yemeni capital.