SAUDI ARABIA

80 British firms explore innovation, space and technology investment opportunities in Saudi Arabia

July 31, 2021

LONDON — The Kingdom of Saudi Arabia highlighted Friday in front of more than 80 British companies working in the fields of innovation, technology, space, research and development, the investment opportunities available for investors, and the competitive advantages that the Kingdom enjoys as a digital and logistical platform and a hub for connecting continents.

This is in addition to the possibilities of investments in the field of research, development, innovation and space economy.

Attended by more than 80 British companies, the workshop was chaired by the Minister of Communications and Information Technology and the Saudi Space Commission (SSC), Eng. Abdullah Bin Amer Al-Sawaha, as part of the tour undertaken by a Saudi delegation, including the acting President of SSC, Dr. Mohammed Bin Saud Al-Tamimi to the British capital.

The workshop was held with the aim of enhancing cooperation in the areas of innovation and space economy between the Kingdom and Britain, and building partnerships between the communications and information technology sectors in the two countries.

This would allow them to open effective channels for exchanging knowledge, and better practices, in a way that contributes to achieving the goals of the two countries, and enhancing the vital and important role in achieving the goals of the Kingdom’s Vision 2030. — SPA


July 31, 2021
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