KFUPM technology forum begins today

Updated 15 May 2012

KFUPM technology forum begins today

A high-profile forum beginning at King Fahd University of Petroleum and Minerals (KFUPM) today will focus specifically on building a knowledge economy.
Organized by KFUPM with the support of Rector Khalid S. Al-Sultan, it is known as "KFUPM Technology Forum." This is the second consecutive year that such a conference is being organized by the university innovation and technology arm, Dhahran Techno Valley.
"The forum, to run for two days, aims to bring together representatives of universities, industries, funding and policy-making organizations along with technology transfer specialists and private capital investors," said Samir A. Al-Baiyat, supervisor, Dhahran techno Valley.
The real force behind the key conference is Iyad T. Al-Zaharnah. He is the director of Innovation Center at Dhahran Techno Valley. "International and local experts will present, exchange and discuss ideas/issues related to technology transfer from universities and university-industry partnerships for building a future Saudi knowledge economy," he told Arab News yesterday.
"The forum will include a variety of activities that explore into what is needed to create hubs for innovation at the campuses of Saudi universities and develop high-performance technology incubation eco-environments. This includes all the main phases of a technology product cycle - the research-based innovation, the technology business planning, the technology business growth and the technology venture investment and capitalization," said Al-Zaharnah.
The forum activities, he said, are designed to highlight the roles of university-industry research and development collaborations, the technology-related venture investments, the technical support and infrastructure (engineering, manufacturing, IT, etc.) for technology development and transfer in Saudi Arabia.
Highlighting the specific objectives of the conference, Al-Zaharnah said it aims to identify the impediments hindering effective technology development/transfer in Saudi Arabia.
KFUPM Rector Khalid S. Al-Sultan will deliver the opening address today at 9 a.m.
Among the speakers at the conference will be Sahel N. Abduljauwad, vice rector for applied research, KFUPM; Gasem S. Al-Shaikh, CEO, Petroleum, Chemicals and Mining Company Ltd.; Clive Rowland, CEO, University of Manchester Innovation Group; Dave Clark, director, Dhahran Research and Technology center, Baker Hughes; Halim Hamid Redhwi, vice president, Dhahran Techno-Valley Company and Amjad Shaikh, technology transfer executive, Dhahran Techno Valley.

Tomorrow, there will be a cafe style session at 1:30 p.m. where the attendees are expected to discuss the formation of a regional association for technology transfer. "This is going to be a very interesting session," said Al-Zaharnah.


Saudi Aramco appoints Mark Weinberger to Board of Directors

Updated 56 min 4 sec ago

Saudi Aramco appoints Mark Weinberger to Board of Directors

  • Weinberger, who replaces Andrew Gould, also serves as a director on the boards of Johnson & Johnson and Metlife
  • Weinberger was an active member of the US government, having worked across different administrations

DUBAI: Oil giant Saudi Aramco has appointed the former chairman of global firm EY (previously known as Ernst & Young) Mark Weinberger as an independent member to its board of directors, the company said in a statement.

Weinberger, who replaces Andrew Gould, also serves as a director on the boards of Johnson & Johnson and Metlife.

He is a member of several boards of trustees, including the United States Council for International Business (USCIB).

“I am honored to be joining the board of Aramco at this important time in the company’s history and world events,” Weinberger said.

Weinberger was an active member of the US government, having worked across different administrations – from George W. Bush to Donald Trump.