Saudi crown prince Mohammed bin Salman seeks to bolster Saudi-US cooperation

Updated 27 March 2018
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Saudi crown prince Mohammed bin Salman seeks to bolster Saudi-US cooperation

NEW YORK: Upon his arrival in New York, Crown Prince Mohammed bin Salman will hold a series of meetings to bolster cooperation and investment between major Saudi and American financial and economic institutions.
He will hold meetings with CEOs, senior businessmen and representatives of major Wall Street banks.
His New York schedule includes meetings with prominent political, financial and economic figures, including partners in the Red Sea Beach Tourism Project.
He will reportedly meet the city’s former Mayor Michael Bloomberg, and heads of US firms during a dinner banquet.
The crown prince will sponsor and participate in the Saudi-US CEO Forum in New York, which will be attended by influential economic figures such as Jamie Dimon, CEO of JPMorgan, and Adena Friedman, CEO and president of NASDAQ.
The forum will bring together the business elite from the US and the Kingdom for a day of formal presentations, panel discussions, and trade and cultural shows.
The crown prince is also set to meet with UN Secretary-General Antonio Guterres and senior UN officials.
The meeting follows the Saudi interception of seven ballistic missiles fired by Houthi rebels in Yemen toward various residential areas in the Kingdom on Sunday.
Falling fragments from the intercepted missiles killed an Egyptian civilian and injured two others.
The missile attacks came the day after the arrival in Sanaa of the UN’s newly appointed special envoy to Yemen, Martin Griffiths.
The talks between UN officials and the crown prince will focus on “the tense situation in several Arab countries, and the role of Saudi Arabia in establishing stability in the region,” a UN source told Arab News.
Stephen Schwarzman, CEO of Blackstone Group LP, will host an event for the crown prince on Tuesday.
During his last day in New York, the crown prince will meet with technology companies. He will also visit Houston, Los Angeles, San Francisco and Seattle to cultivate investments, and is expected to host a banquet.

Misk Art Institute
On the sidelines of his visit to New York, the Misk Art Institute will hold its second exhibition at the Philips Expo Center.
The four-day exhibition will highlight the Kingdom’s artistic heritage under the theme “Contemporary Saudi Art.”
The institute, which operates under the Prince Mohammed bin Salman bin Abdulaziz Foundation (MiSK), encourages grassroots artistic production in Saudi Arabia, and enables cultural diplomacy and international exchanges.


Saudi scientific organization celebrates 2025 Nobel Prize in Chemistry laureate Omar Yaghi

Updated 42 min 28 sec ago
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Saudi scientific organization celebrates 2025 Nobel Prize in Chemistry laureate Omar Yaghi

  • King Abdulaziz City for Science and Technology honors him with a reception at its headquarters in Riyadh
  • Yaghi, the first Saudi recipient of a Nobel Prize, shared the Nobel Prize with 2 other scientists for their pioneering work in molecular chemistry

LONDON: King Abdulaziz City for Science and Technology in Riyadh honored Omar Yaghi, the Saudi scientist and recipient of the 2025 Nobel Prize in Chemistry, with a reception at its headquarters in Riyadh on Thursday.

Yaghi is the first Saudi scientist awarded a Nobel Prize. He received it in December, alongside two other scientists, for their pioneering work in the field of molecular chemistry, and for contributions to energy, the environment and advanced materials.

He is also supervisor of the Center of Excellence for Nanomaterials for Clean Energy Applications, a collaboration between KACST and the University of California, Berkeley.

Munir Eldesouki, the president of KACST, said that the Kingdom is keen to recognize its scientific talents, in keeping with Saudi Vision 2030 and its goals relating to the fostering of scientific research.

King Abdulaziz City for Science and Technology in Riyadh honored Omar Yaghi, the Saudi scientist and recipient of the 2025 Nobel Prize in Chemistry. (SPA)

Yaghi said he appreciated the support he had received from Saudi leaders during his career, and praised them for creating an enabling environment in which scientists are able to pursue world-class research, development and innovation.

Investment in national talent has created a research ecosystem that positions Saudi Arabia among the leading scientific nations, he added.

Thursday’s event, attended by the organization’s staff and students, also honored the winning teams from the recent “GenAI for Materials Discovery Hackathon,” which KACST organized in partnership with the University of California, Berkeley, and Academy 32, a nonprofit Saudi organization dedicated to research, development and innovation.

The celebration concluded with an interactive discussion session during which Yaghi talked with students and researchers, reflected on key milestones in his scientific journey, and shared insights into the factors that helped shape his career, the Saudi Press Agency reported.