The cornerstone of the Saudi Arabia’s Transformation Program is the technology, intellectual property rights, telecom and overall innovation in all spheres. As the Vision 2030 seeks to enhance economic competitiveness and enhance efficiency, the country is adapting and investing substantially in new technology. The entire IPR regime is currently being revamped to make things more proactive and investor friendly with the setting-up of Saudi Authority for Intellectual Property Rights(SAIPR), the firm is actively liaising with various entities and providing various inputs in this mega transformation. The cornerstone of the Saudi Arabia’s Transformation Program is the technology, intellectual property rights, telecom and overall innovation in all spheres. As the Vision 2030 seeks to enhance economic competitiveness and enhance efficiency, the country is adapting and investing substantially in new technology. The entire IPR regime is currently being revamped to make things more proactive and investor friendly with the setting-up of Saudi Authority for Intellectual Property Rights(SAIPR), the firm is actively liaising with various entities and providing various inputs in this mega transformation.
Also, the firm is advising various well-known companies like Caterpillar Inc., USA in relation to various innovative regulations that are being enacted by the Communications and Information Technology Commission (CITC) like electronic transaction and digital signatures including various Information Technology & Telecom regulations. Great opportunities are envisaged for IPR Rights & technology companies under Vision 2030 and it is unique opportunity for companies to shape the future of the Kingdom and make a real difference by investing in innovative tech solution.
Some representative matters are:• Advising a US$ 4 billion conglomerate in their various trademark and patent portfolio in Saudi Arabia;