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SAMA Launches Twenty Riyal Banknote Marking Saudi Arabia’s Presidency of G20

The Twenty Saudi Riyal banknote, marking Saudi Arabia’s presidency of the G20 summit. (SAMA)
The Twenty Saudi Riyal banknote, marking Saudi Arabia’s presidency of the G20 summit. (SAMA)
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SAMA Launches Twenty Riyal Banknote Marking Saudi Arabia’s Presidency of G20

The Twenty Saudi Riyal banknote, marking Saudi Arabia’s presidency of the G20 summit. (SAMA)
The Twenty Saudi Riyal banknote, marking Saudi Arabia’s presidency of the G20 summit. (SAMA)

The Saudi Arabian Monetary Authority (SAMA) announced on Saturday its intention to release a Twenty Saudi Riyal banknote, marking Saudi Arabia's presidency of the G20 summit.

SAMA said the commemorative banknote is going to be put into circulation by Sunday, together with the other current banknotes as an official legal banknote.

SAMA revealed that this banknote was printed according to the latest standards in the field of banknote printing, as it is characterized by many technical specifications, high-quality security features and a distinctive design in purple color that highlights the artistic decorations inspired by the logo of G20.

The design of the new banknote carries the picture of the Custodian of the Two Holy Mosques King Salman bin Abdulaziz on the front side with a slogan of Saudi Presidency of G20 in 3D design, added SAMA in a statement.

The back of the banknote carries a map of the world, depicting the G20 countries in a different color. Saudi Arabia’s map appears with emanated beams symbolizing the meeting venue of countries and the importance of the Kingdom as a source of civilization and economic hub.

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Saudi Arabia Strengthens Relations with Danish Private Sector to Boost Bilateral Trade

Saudi Industry Minister strengthens relations with Danish private sector to boost bilateral trade. (SPA)
Saudi Industry Minister strengthens relations with Danish private sector to boost bilateral trade. (SPA)
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Saudi Arabia Strengthens Relations with Danish Private Sector to Boost Bilateral Trade

Saudi Industry Minister strengthens relations with Danish private sector to boost bilateral trade. (SPA)
Saudi Industry Minister strengthens relations with Danish private sector to boost bilateral trade. (SPA)

Saudi Minister of Industry and Mineral Resources, Bandar Alkhorayef, held a series of bilateral meetings on Friday with leaders of several leading Danish companies in the industry and mining sectors. Discussions covered joint investment opportunities, as well as the enablers and incentives offered by the Kingdom to investors, the Saudi Press Agency reported.
The meetings focused on strengthening cooperation in the industrial and mining sectors between the two sides, with an emphasis on leveraging the strategic opportunities presented by the National Strategy for Industry across its 12 priority sectors that the Kingdom aims to localize and develop. This was discussed alongside the opportunities provided by the comprehensive mining strategy, in line with the objectives of Saudi Vision 2030.
Alkhorayef also met with executives from the pharmaceutical, food, and mining sectors, including FLSmidth, Danfoss, Novo Holdings, Novonesis, and Arla Foods.
The visit reflects Saudi Arabia’s continued efforts to deepen economic partnerships with leading industrial nations and attract global expertise to accelerate the growth and competitiveness of the Kingdom's industrial and mining sectors.