Saudi Arabia Supports Aspirations of Vision 2030 Through Research, Innovation

 Riyadh’s Innovation Tower (Asharq Al-Awsat)
Riyadh’s Innovation Tower (Asharq Al-Awsat)
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Saudi Arabia Supports Aspirations of Vision 2030 Through Research, Innovation

 Riyadh’s Innovation Tower (Asharq Al-Awsat)
Riyadh’s Innovation Tower (Asharq Al-Awsat)

The Research, Development and Innovation Development Authority, which was established in June 2021, is holding successive workshops to develop the national strategy for the sector, to be announced at a later stage, within efforts to achieve the aspirations of Saudi Vision 2030.

Engineer Abdulwahed Alghanem, President of the Saudi Association of the Global Innovation Institute, said that the research and innovation sector was currently witnessing systematic reconstruction, with the aim to strengthen the research and innovation system in the Kingdom, in accordance with the directions drawn by Saudi Crown Prince Mohammed bin Salman.

He stressed that the Kingdom would lead the next wave of research and innovation in the Arab world and the Middle East, thanks to the excellent Saudi competencies, government support and the strong national economic system.

Alghanem noted that the Kingdom would not stop at producing research, inventions and ideas, but would seek to achieve an actual and tangible impact and an added value at the local, regional and international levels.

“We are starting to build innovative maturity, which requires steadiness, patience and continuous work. With proper implementation, we will reach our goal within years,” he underlined.

He continued: “It will take us three to five years to build the system, and we will see some encouraging results during that period, while the actual outcomes will be fruitful during the first decade of launching the sector’s strategy.”

The new phase seeks to develop an innovative system that fulfills the purpose of its establishment, and invests in the generous government support to achieve the goal of economic prosperity, according to Alghanem.



Egypt's Government Says Strategic Wheat Reserves Good for 4 Months

FILE PHOTO: A wheat crop ready for harvest in a farmer’s field near Kindersley, Saskatchewan, Canada September 5, 2024. REUTERS/Todd Korol/File Photo
FILE PHOTO: A wheat crop ready for harvest in a farmer’s field near Kindersley, Saskatchewan, Canada September 5, 2024. REUTERS/Todd Korol/File Photo
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Egypt's Government Says Strategic Wheat Reserves Good for 4 Months

FILE PHOTO: A wheat crop ready for harvest in a farmer’s field near Kindersley, Saskatchewan, Canada September 5, 2024. REUTERS/Todd Korol/File Photo
FILE PHOTO: A wheat crop ready for harvest in a farmer’s field near Kindersley, Saskatchewan, Canada September 5, 2024. REUTERS/Todd Korol/File Photo

Egypt has strategic wheat reserves that are sufficient for four months of local consumption, according to a statement by the Egyptian Cabinet issued on Saturday.

It said the strategic sugar reserves were sufficient for 13.5 months, while vegetable oil reserves were enough for 6.3 months.