The Saudi Ministry of Industry and Mineral Resources has signed a cooperation agreement with the Saudi Innovation Club to launch joint initiatives that support innovators and entrepreneurs in the industry and mining sectors.
The agreement was signed under the patronage of Dr. Abdullah bin Ali Al-Ahmari, Assistant Minister for Planning and Development. The ministry was represented by Dr. Mohammed bin Saeed Al-Dughim, Director General of Innovation, while the club was represented by its President, Majid bin Mohammed bin Anzan.
The agreement focuses on organizing events, workshops, and field visits, in addition to knowledge exchange and creating a platform to showcase success stories of innovators. These initiatives aim to foster an ecosystem that nurtures innovation and entrepreneurship within Saudi Arabia’s key production sectors.
The initiative comes as part of the “Innovative Industrial and Mining Products Program”, which seeks to connect innovators with service providers, incubators, and accelerators. The program also supports emerging projects to enhance the role of industry and mining in diversifying the national economy, in alignment with the goals of Saudi Vision 2030.
According to the ministry, this agreement represents an important step toward building an integrated innovation ecosystem across productive sectors, enabling the transformation of ideas into practical projects that strengthen Saudi Arabia’s global competitiveness.