Saudi Press

Saudi Arabia and the world
Friday, Jul 11, 2025

Riyadh biotech summit opens in the presence of global health experts

Under the aegis of Crown Prince Muhammad bin Salman, deputy prime minister and minister of defense, the Minister of National Guard Prince Abdullah Bin Bandar inaugurated here Tuesday the Riyadh Global Medical Biotechnology Summit (RGMBS) 2021, in the presence of a group of officials and health sector experts in the world.
The summit is organized by King Abdullah International Medical Research Center (KAIMRC) at the Ministry of National Guard Health Affairs.

The Minister of National Guard opened the Biomedical Biotechnology Oasis in KAIMRC as one of the initiatives of the medical biotechnology system in Saudi Arabia, which will contribute to providing economic development opportunities based on medical knowledge.

Also, it will add a building block to the building blocks of diversifying sources of income and one of the goals of the Kingdom’s Vision 2030, where the Oasis will work within a national system and part of strategic partnerships with many local partners such as the Royal Commission for Riyadh City and the National Industrial Development and Logistics Program (NIDLP), in addition to many global partnerships.

To mark the occasion, the Executive Director of Health Affairs at the Ministry of National Guard Dr. Bandar Bin Abdulmohsen Al-Kenawi delivered a speech in which he expressed his great thanks and gratitude for holding this summit under the patronage of the Crown Prince.

He also hailed the development and change the Kingdom is unprecedentedly experiencing in health care, filled with innovative and creative discoveries such as molecular treatments, gene therapy, genetic repair, AI applications and big data analysis as well as the next generation of pharmaceutical manufacturing.

For his part, Minister of Health, Dr. Tawfiq Bin Fawzan Al-Rabiah stated that the RGMBS comes at a time when it has become necessary to discuss the areas of developing this technology because of its direct and close relationship with human health, pointing out that it is expected that the global market value of biotechnology will reach nearly $700 billion by 2025, and global sales in biotechnology drugs are expected to reach nearly $315 billion this year.

He added that through the integrated vision of our country and the realization of Vision 2030, the Kingdom's leadership has sought to have a national strategy for biomedical technology, one of the most prominent branches of this strategy to support and motivate it for the future and health of man.

As for the Minister of Investment, Eng. Khalid Bin Abdulaziz Al-Falih, he said that RGMBS came at an important time to continue the ambitious march, which aims to make the Kingdom of Saudi Arabia as a distinct and preferred destination for investment in the development and manufacture of vital technologies, and push the Kingdom to become a global center for health care and life sciences.

The Chairman of the Saudi Data and Artificial Intelligence Authority (SDAIA), Dr. Abdullah Bin Sharaf too delivered a speech in which he confirmed that SDAIA's participation in this summit supports the unremitting efforts to develop the capabilities of the health sector through its plan for health data governance and technology to raise its quality.

He cited the Authority's previous announcement of the launch of the Center of Excellence in Artificial Intelligence for the health sector in cooperation with the Ministry of Health and Health Affairs at the Ministry of National Guard.

He further said that the Center of Excellence aims to find solutions based on modern technologies, artificial intelligence and data technologies in the health field in order to help increase the accuracy of diagnosing chronic diseases, such as cancer, autism and strokes by using these technologies to enhance prevention of health threats and improve health practice.
Newsletter

Related Articles

Saudi Press
0:00
0:00
Close
BRICS Expands Membership with Indonesia and Ten New Partner Countries
Elon Musk Founds a Party Following a Poll on X: "You Wanted It – You Got It!"
AI Raises Alarms Over Long-Term Job Security
Saudi Arabia Maintains Ties with Iran Despite Israel Conflict
Russia Formally Recognizes Taliban Government in Afghanistan
Mediators Edge Closer to Israel-Hamas Ceasefire Agreement
Emirates Airline Expands Market Share with New $20 Million Campaign
House Oversight Committee Subpoenas Former Jill Biden Aide Amid Investigation into Alleged Concealment of President Biden's Cognitive Health
Amazon Reaches Major Automation Milestone with Over One Million Robots
Meta Announces Formation of Ambitious AI Unit, Meta Superintelligence Labs
China Unveils Miniature Insect-Like Surveillance Drone
Marc Marquez Claims Victory at Dutch Grand Prix Amidst Family Misfortune
Iran Executes Alleged Israeli Spies and Arrests Hundreds Amid Post-War Crackdown
Trump Asserts Readiness for Further Strikes on Iran Amid Nuclear Tensions
Iran's Parliament Votes to Suspend Cooperation with Nuclear Watchdog
Trump Announces Upcoming US-Iran Meeting Amid Controversial Airstrikes
Trump Moves to Reshape Middle East Following Israel-Iran Conflict
NATO Leaders Endorse Plan for Increased Defence Spending
U.S. Crude Oil Prices Drop Below $65 Amid Market Volatility
Explosions Rock Doha as Iranian Missiles Target Qatar
“You Have 12 Hours to Flee”: Israeli Threat Campaign Targets Surviving Iranian Officials
Oman Set to Introduce Personal Income Tax, First in Gulf
Germany and Italy Under Pressure to Repatriate $245bn of Gold from US Vaults
Iran Intensifies Crackdown on Alleged Mossad Operatives After Sabotage Claims
Trump Praises Iran’s ‘Very Weak’ Response After U.S. Strikes and Presses Israel to Pursue Peace
WATCH: Israeli forces show the aftermath of a massive airstrike at Iran's Isfahan nuclear site
We have new information and breaking details to share about what is shaping up to be a historic air campaign tonight
Six Massive Bombs Dropped on Fordow; Trump: 'A Historic Moment for the U.S., Israel, and the World'
Fordow: Deeply Buried Iranian Enrichment Site in U.S.–Israel Crosshairs
United States Conducts Precision Strikes on Iran’s Nuclear Sites
US strikes Iran nuclear sites, Trump says
Pakistan to nominate Trump for Nobel Peace Prize.
Israel Confirms Assassination of Quds Force Commander in Tehran
16 Billion Login Credentials Leaked in Unprecedented Cybersecurity Breach
Senate hearing on who was 'really running' Biden White House kicks off
G7 Leaders Fail to Reach Consensus on Key Global Issues
Mass exodus in Tehran as millions try to flee following Trump’s evacuation order
Iranian Military Officers Reportedly Seek Contact with Reza Pahlavi, Signal Intent to Defect
Vietnam Emerges as Luxury Yacht Destination for Ultra‑Rich
China's Iranian Oil Imports Face Disruption Amid Escalating Middle East Tensions
Trump Demands Iran's Unconditional Surrender Amid Escalating Conflict
Israeli Airstrike Targets Iranian State TV in Central Tehran
President Trump is leaving the G7 summit early and has ordered the National Security Council to the Situation Room
Netanyahu Signals Potential Regime Change in Iran
Analysts Warn Iran May Resort to Unconventional Warfare
Iranian Regime Faces Existential Threat Amid Conflict
Energy Infrastructure Becomes War Zone in Middle East
Iran Conducts Ballistic Missile Launches Amid Heightened Tensions with Israel
Iran Signals Openness to Nuclear Negotiations Amid Ongoing Regional Tensions
Shock Within Iran’s Leadership: Khamenei’s Failed Plan to Launch 1,000 Missiles Against Israel
×