Saudi Arabia Granted 664 Patents in 2017; Double of All Arab Countries Combined

RIYADH, Saudi Arabia–(BUSINESS WIRE)–Saudi Arabia has ranked 23rd among 92 countries in terms of
patents granted by the United States Patent and Trademark Office (USPTO)
in 2017. The vast majority of these patented inventions are scientific.

According to StatNano, which publishes at the beginning of each year a
report on the status of nanoscience, technology and innovation in the
previous year, Saudi Arabia was granted 664 patents last year, compared
to 517 in 2016 and 409 in 2015. What’s more, the latest number is double
that of all Arab countries combined during the same period.

This year, King Fahd University of Petroleum & Minerals (KFUPM) ranked
seventh among the top 10 universities in the world in terms of the
number of patents granted. “The university achieved 183 patents in 2017,
surpassing Johns Hopkins University, Harvard College and California
Institute of Technology,” said Dr Khaled bin Saleh Al Sultan, president
of the Dhahran-based university.

“The university has been granted more than 800 patents so far, and this
number is over 60% of the total number of patents registered by all Arab
countries’ universities, which number about 300,” he added.

Together with the university, Saudi Aramco – which was granted 233 new
patents in 2017 – secured more than two-thirds of the total number of
patents last year. In 2016, Aramco was awarded 175 new patents and filed
for 285 new patents.

The latest news about patents comes at a time when Saudi Arabia has put
focus on digital transformation and improvement of opportunities in
diverse fields – from technology and tourism to arts and
entrepreneurship.

Saudi Arabia has, for the first time, also claimed a spot among “Top Ten
Countries in Nanotechnology Patents in 2017”, according to a StatNano
report last month. The report says “the reason is the growth of 128% in
the number of nanotechnology published patent applications of this
country in 2017.

The number of nanotechnology published patent applications in USPTO in
2017 shows a growth of 3.2% in comparison with 2016.”

The significant rise in the number of patents is one indicator that
Saudi Arabia’s ambitious Vision 2030 plan has already started to bear
fruit.

*Source: AETOSWire

Contacts

The Center for International Communication, Ministry of Culture and
Information, Kingdom of Saudi Arabia

Essam Al-Ghalib, +966595455467
cic@moci.gov.sa
Twitter:
@CICSaudi