Saudi Arabia to Sign 15 International Treaties, Deals to Strengthen Intellectual Property

Saudi Arabia called for the need to include the Arabic language in the Madrid and Hague systems (SPA)
Saudi Arabia called for the need to include the Arabic language in the Madrid and Hague systems (SPA)
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Saudi Arabia to Sign 15 International Treaties, Deals to Strengthen Intellectual Property

Saudi Arabia called for the need to include the Arabic language in the Madrid and Hague systems (SPA)
Saudi Arabia called for the need to include the Arabic language in the Madrid and Hague systems (SPA)

The Saudi Authority for Intellectual Property is preparing to engage in 15 international treaties and agreements that will strengthen the intellectual property in Saudi Arabia, enable the system of protection and enforcement of intellectual property rights, and enhance cooperation with international partners.

Hesham Alarifi, Executive Director of Partnerships and International Cooperation at the Authority, revealed an endeavor to join 15 international agreements by the end of 2023, within of the framework of the 64th General Assembly of the World Intellectual Property Organization (WIPO), which kicked off on Thursday in Geneva.

Alarifi said that the global forum will have a direct and positive impact on the progress of the intellectual property sector led by the Saudi Authority.

He added that the Kingdom has joined the WIPO in 1982, stressing that the relationship between the two sides has witnessed a strategic development in many businesses and projects.

Saudi Arabia has already signed 13 different agreements, and is looking forward to joining about 15 international conventions and treaties, with the aim to achieve a positive impact on the intellectual property sector in the country, the Saudi official stated.

On Tuesday, the Authority is organizing the Saudi Day event, on the sidelines of the WIPO meetings, to shed light on Saudi culture, history and civilization.

Meanwhile, Saudi Arabia has called for the necessity to include Arabic in the languages of the Madrid System for trademark registration and management and the internationally approved Hague System for registering industrial designs.

Dr. Abdulaziz bin Mohammad Al-Suwailem, CEO of the Saudi Authority for Intellectual Property, stressed the importance of adopting the Arabic language within the languages of the Madrid and Hague systems, noting that the Kingdom has paid great attention to protecting and enforcing intellectual property rights.

Addressing the WIPO General Assembly, Al-Suwailem presented Saudi Arabia’s strategy to build a system that promotes an economy based on innovation and creativity, and the modernization of intellectual property legislation.



Saudi and Qatari Finance Ministers Sign Cooperation MoU

Saudi Minister of Finance Mohammed Aljadaan and Qatari Minister of Finance Ali bin Ahmed Al Kuwari signed an MoU to cooperate in the finance sector. SPA
Saudi Minister of Finance Mohammed Aljadaan and Qatari Minister of Finance Ali bin Ahmed Al Kuwari signed an MoU to cooperate in the finance sector. SPA
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Saudi and Qatari Finance Ministers Sign Cooperation MoU

Saudi Minister of Finance Mohammed Aljadaan and Qatari Minister of Finance Ali bin Ahmed Al Kuwari signed an MoU to cooperate in the finance sector. SPA
Saudi Minister of Finance Mohammed Aljadaan and Qatari Minister of Finance Ali bin Ahmed Al Kuwari signed an MoU to cooperate in the finance sector. SPA

Saudi Minister of Finance Mohammed Aljadaan and Qatari Minister of Finance Ali bin Ahmed Al Kuwari have signed an MoU to cooperate in the finance sector.

The MoU was signed Thursday on the sidelines of the 122nd meeting of the Gulf Cooperation Council (GCC) Financial and Economic Cooperation Committee in Doha, Qatar.
‏Aljadaan said that the MoU is part of efforts to strengthen relations between Saudi Arabia and Qatar in the finance sector, including microeconomic policy, public sector laws, and legislation to enhance economic growth in the region.
‏Al Kuwari noted the importance of the MoU and its potential impact in exchanging expertise and information in the finance sector to enhance and strengthen relations between the two nations.