MiSK, SMRG renew agreement to work to help promote talented youth

Prince Badr bin Abdullah bin Mohammed bin Farhan Al-Saud, chairman of SRMG’s Board of Directors, signs the agreement with Bader Al-Asaker, secretary-general of the MiSK Foundation. (AN photo)
Updated 31 January 2017
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MiSK, SMRG renew agreement to work to help promote talented youth

RIYADH: Saudi Research and Marketing Group (SRMG) and Prince Mohammed bin Salman MiSK Foundation Monday signed a cooperation agreement stipulating the implementation of joint non-profit programs to develop the community.
The Prince said SRMG has been a strong supporter of MiSK’s programs and will continue to support its media message and its initiatives in Saudi society.
Prince Badr bin Abdullah bin Mohammed bin Farhan Al-Saud, SRMG chairman of the Board of Directors, said the group has been the main supporter of the foundation’s programs since its establishment.
“The group is keen to consolidate its partnership with MiSK Foundation for its own impact on the community, especially among young men and women, who represent the highest percentage of the population of the Kingdom,” he said.
Prince Badr bin Abdullah bin Mohammed bin Farhan said that this population category “will lead the nation in the future. The programs provided to them by MiSK Foundation brush up their talents and develop them in a way that makes them future leaders. From this perspective, the SRMG supports its programs and objectives, which are common goals.”
Bader Al-Asaker, secretary-general of the foundation, said the partnership agreement is an extension of the cooperation between the two sides in serving the nation and its young generation.
“The signing of the agreement comes within the framework of the institutional work pursued by the foundation after having adopted specific cooperation mechanisms, in accordance with the foundation development goals,” he said.
Al-Asaker highlighted the important role played by the SRMG, and said he was convinced that the agreement will contribute to MiSK programs to upgrade the development and educational process and disseminate a culture of innovation among the youth.
The agreement, which is a renewal of the previous agreement between the two parties that expired at the end of 2016, emphasizes the two sides' keenness to provide media and communication support to the initiatives and projects implemented by the foundation to disseminate knowledge and create an environment conducive to the promotion of promising young talents.
The initiatives also aim at enabling young people to launch their creations in the scientific, cultural and technological fields, in addition to promoting their leadership skills.


Saudi Aramco recognized as a leader in the Fourth Industrial Revolution

Updated 22 January 2019
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Saudi Aramco recognized as a leader in the Fourth Industrial Revolution

JEDDAH: Saudi Aramco’s Uthmaniyah Gas Plant (UGP) has been recognized by the World Economic Forum (WEF) as a “Lighthouse” manufacturing facility and a leader in technology applications of the Fourth Industrial Revolution. 
Saudi Aramco is the first energy company globally to be included in this select group of manufacturing sites. The plant is also the only facility in the Middle East to be recognized by WEF. 
The announcement was made ahead of WEFs annual meeting in Davos, Switzerland.
The gas plant is one of the world’s largest gas processing plants and was commissioned in 1981 as part of Saudi Aramco’s Master Gas System to process associated gas from oil wells. 
The use of drones and wearable technologies to inspect pipelines and machinery has helped cut inspection time by 90% in this industrial facility.
“The recognition of the Uthmaniyah Gas Plant demonstrates Saudi Aramco’s shift to transform and adapt in the rapidly changing global energy landscape. Uthmaniyah is only one part of our large integrated energy value chain where IR 4.0 technologies are playing a critical role to enable significant capital and operational efficiencies,” said Amin H. Nasser, Chief Executive Officer of Saudi Aramco.
The seven new facilities join nine other “Manufacturing Lighthouses” which WEF unveiled in September 2018. The 16 factories were selected from an initial list of 1,000 manufacturers based on their successful implementation of cutting-edge technologies of the future that drive financial and operational impact.
The “Lighthouse” program was conducted by WEF in collaboration with McKinsey during a year-long study. A study team visited UGP in Saudi Arabia and performed a thorough audit.