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Saudi: Legislation to Support Localization of Pharmaceutical Industry

Wednesday, 24 February, 2021 - 11:15
The Saudi Minister of Industry and Mineral Resources Bandar al-Khorayef (Asharq Al-Awsat)
Riyadh - Asharq Al-Awsat
Saudi Arabia’s Minister of Industry and Mineral Resources Bandar al-Khorayef said his ministry will set the necessary legislations and regulations to localize the pharmaceuticals industry in partnership with relevant government bodies.
During the inauguration of a virtual workshop to localize and attract investments in the sector, Khorayef noted that the size of the pharmaceuticals industry in the Kingdom stands at SAR30 billion ($8 billion), the largest in the region, and accounts for more than 30 percent of the Middle East market.
The world has suffered unprecedented health challenges due to the coronavirus pandemic, Khorayef explained, citing the health and medical challenge and its impact on supply chains as well as the change in people’ ....

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Saudi properties receive green light to use solar panels

JEDDAH: With sunlight lasting approximately nine hours a day in Saudi Arabia, properties in the Kingdom have been given the green light to install solar panels as an alternative form of electricity generation.
The Ministry of Municipal and Rural Affairs and Housing announced this week that it began to implement the safety requirements necessary to install solar energy cells in residential buildings and facilities.
Participating entities in this project include the Ministry of Energy; the Electricity and Co-Generation Regulatory Authority; the Ministry of Commerce and Investment; the King Abdullah City for Atomic and Renewable Energy; and the Saudi Standards, Metrology and Quality Organization. ....

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SASO Revokes Licenses of 10 Factories for Violating Saudi Quality Mark

Monday, 8 February, 2021 - 09:45
In 2020, the Saudi Standards, Metrology and Quality Organization revoked a number of licenses and suspended five others for violating Saudi Quality Mark requirements - Asharq Al-Awsat
Riyadh - Asharq Al-Awsat
The Saudi Standards, Metrology and Quality Organization (SASO) revoked the license of ten factories and suspended five others for violating the requirements of the general technical regulation for the Saudi Quality Mark last year.
It confirmed that over the past year, it developed the specifications and standards of conformity, metrology, and product safety, seeking global reliability.
Also, the organization issued 300 new licenses, bringing the total to 900 with 65,000 licensed products, a 39 percent increase of 2019. ....

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Saudi Ministry of Industry affirms protection of local industries from unfair competition

Deserted Cape Verde hankers for its tourists
Tourists, drawn to Cape Verde’s gentle hospitality, year-round warmth and turquoise seas, account for a full quarter of the country’s gross domestic product (GDP)
Updated 17 April 2021
April 17, 2021 01:40
TARRAFAL, Cape Verde: Way back in B.C. Before COVID Domingos Pereira made a living as a tourist guide, showing visitors the many natural wonders of Cape Verde.
Today, the 26-year-old is in limbo, like tens of thousands of others on the Atlantic archipelago, whose economy depends hugely on the vacation industry.
“I’ve been going fishing every day for the past year,” said Pereira, a T-shirt on his head to protect him from the fierce sun. ....

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Microsoft to expand R&D efforts in Taiwan with hiring drive

Microsoft to expand R&D efforts in Taiwan with hiring drive
02/05/2021 10:29 PM
CNA file photo
Taipei, Feb. 5 (CNA) American tech giant Microsoft Corp. will hire about 100 professionals in Taiwan in 2021 to expand its research and development efforts in the country, the company said in a statement issued Friday.
Microsoft said the company sees Taiwan as a global R&D base focused on developing key new technologies, and is determined to help Taiwanese businesses apply forward-looking know-how to improve their operations.
Expressing its faith in Taiwan s strong integration of hardware and software systems and its diversified talent pool, Microsoft said it will recruit 100 professionals with an eye toward advanced artificial intelligence (AI) technologies such as computer vision (helping computers see and process images) and user intent. ....

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