Saudi Arabia Advances 15 Ranks on Global Innovation Index

A general view of Riyadh, Saudi Arabia. (SPA)
A general view of Riyadh, Saudi Arabia. (SPA)
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Saudi Arabia Advances 15 Ranks on Global Innovation Index

A general view of Riyadh, Saudi Arabia. (SPA)
A general view of Riyadh, Saudi Arabia. (SPA)

Saudi Arabia has risen 15 places in the World Intellectual Property Organization (WIPO) Global Innovation Index 2022, reflecting the extent of development in research, development, and innovation in the Kingdom.

In June, Saudi Crown Prince Mohammed bin Salman revealed the National Aspirations and Priorities for Research, Development, and Innovation (RDI) in Saudi Arabia for the next two decades based on four key priorities; human health and wellness, sustainable environment and supply of essential needs, energy and industrial leadership, and economies of the future.

The plan aims to enhance the Kingdom's global competitiveness and entrepreneurship, align with the plans of the Saudi Vision 2030, and improve its status in the region.

Forbes Magazine reported that the Kingdom of Saudi Arabia is one of the fastest-transforming countries in the world, working to diversify its economies by entering new sectors that have contributed to the development of the national innovation system over the past decade.

It also cited Saudi Aramco in its report, which included the contributions of ten Saudi companies in innovation fields. The company obtained 864 patents from the US Patent and Trademark Office in 2021 alone, bringing it to first place in the oil and gas sector globally and entering the list of the top 50 companies and universities that obtained patents this year. In 2022, the company strengthened its efforts in research and innovation, with the number of patents increasing to 963.

Digital infrastructure in the Kingdom ranked second among the G20 countries, according to the Digital Competitiveness Report 2021 issued by the European Center for Digital Competitiveness, state news agency SPA reported.

In 2017, only one Saudi company entered the "Forbes" list of the most funded startups in the Middle East. By 2020, that number increased to two, and this year the number rose to five Saudi companies within the top ten positions in the list.

The Kingdom of Saudi Arabia has focused its innovation efforts on sustainability, announcing its commitment to increasing the percentage of energy generation from renewable sources to reach 50% by 2030, in preparation for achieving zero neutrality by 2060. In the same context, the Saline Water Conversion Corporation (SWCC) entered the Guinness World Records, achieving a new record as the desalination plant with the least energy consumption in the world, at a rate of 2.27 kilowatt-hours per cubic meter of desalinated water.

The Research, Development, and Innovation Authority (RDIA), in collaboration with Forbes Middle East, reviewed the ten most innovative companies in each of the four sectors of the national priorities in the Kingdom, totaling 40 companies. The list includes Aramco, SABIC, NEOM, STC, Ma’aden, Almarai, Al Rajhi Bank, Al-Habib Medical Group, ACWA Power, and Saudi National Bank.



Greece's 'Instagram Island' Santorini nears Saturation Point

Tourists queue as they wait to take a picture from one of the balconies. Aris Oikonomou / AFP
Tourists queue as they wait to take a picture from one of the balconies. Aris Oikonomou / AFP
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Greece's 'Instagram Island' Santorini nears Saturation Point

Tourists queue as they wait to take a picture from one of the balconies. Aris Oikonomou / AFP
Tourists queue as they wait to take a picture from one of the balconies. Aris Oikonomou / AFP

One of the most enduring images of Greece's summer travel brand is the world-famous sunset on Santorini Island, framed by sea-blue church domes on a jagged cliff high above a volcanic caldera.
This scene has inspired millions of fridge magnets, posters, and souvenirs -- and now the queue to reach the viewing spot in the clifftop village of Oia can take more than 20 minutes, said AFP.
Santorini is a key stopover of the Greek cruise experience. But with parts of the island nearing saturation, officials are considering restrictions.
Of the record 32.7 million people who visited Greece last year, around 3.4 million, or one in 10, went to the island of just 15,500 residents.
"We need to set limits if we don't want to sink under overtourism," Santorini mayor Nikos Zorzos told AFP.
"There must not be a single extra bed... whether in the large hotels or Airbnb rentals."
As the sun set behind the horizon in Oia, thousands raised their phones to the sky to capture the moment, followed by scattered applause.
For canny entrepreneurs, the Cycladic island's famous sunset can be a cash cow.
One company advertised more than 50 "flying dresses", which have long flowing trains, for up to 370 euros ($401), on posters around Oia for anyone who wishes to "feel like a Greek goddess" or spruce up selfies.
'Respect Oia'
But elsewhere in Oia's narrow streets, residents have put up signs urging visitors to respect their home.
"RESPECT... It's your holiday... but it's our home," read a purple sign from the Save Oia group.
Shaped by a volcanic eruption 3,600 years ago, Santorini's landscape is "unique", the mayor said, and "should not be harmed by new infrastructure".
Around a fifth of the island is currently occupied by buildings.
At the edge of the cliff, a myriad of swimming pools and jacuzzis highlight Santorini is also a pricey destination.
In 2023, 800 cruise ships brought some 1.3 million passengers, according to the Hellenic Ports Association.
Cruise ships "do a lot of harm to the island", said Chantal Metakides, a Belgian resident of Santorini for 26 years.
"When there are eight or nine ships pumping out smoke, you can see the layer of pollution in the caldera," she said.
Cruise ship limits
In June, Prime Minister Kyriakos Mitsotakis floated the possibility of capping cruise ship arrivals to Greece's most popular islands.
"I think we'll do it next year," he told Bloomberg, noting that Santorini and tourist magnet Mykonos "are clearly suffering".
"There are people spending a lot of money to be on Santorini and they don’t want the island to be swamped," said the pro-business conservative leader, who was re-elected to a second four-year term last year.
In an AFP interview, Tourism Minister Olga Kefalogianni echoed this sentiment and said: "We must set quotas because it's impossible for an island such as Santorini... to have five cruise ships arriving at the same time."
Local officials have set a limit of 8,000 cruise boat passengers per day from next year.
But not all local operators agree.
Antonis Pagonis, head of Santorini's hoteliers association, believes better visitor flow management is part of the solution.
"It is not possible to have (on) a Monday, for example, 20 to 25,000 guests from the cruise ships, and the next day zero," he said.
Pagonis also argued that most of the congestion only affects parts of the island like the capital, Fira.
In the south of the island, the volcanic sand beaches are less crowded, even though it is high season in July.
'I'm in Türkiye
The modern tourism industry has also changed visitor behavior.
"I listened (to) people making a FaceTime call with the family, saying 'I'm in Türkiye," smiled tourist guide Kostas Sakavaras.
"They think that the church over there is a mosque because yesterday they were in Türkiye."
The veteran guide said the average tourist coming to the island has changed.
"Instagram has defined the way people choose the places to visit," he said, explaining everybody wants the perfect Instagram photo to confirm their expectations.