RIYADH: King Saud University has launched a fund with initial capital of SR160 million to invest in innovators and inventors.
The announcement was made Sunday by Dr. Abdullah Bin Abdul Rahman Al-Othman, President of King Saud University, at the opening ceremony of a two-day international business forum.
The King Saud University’s 1st International Forum for Entrpreneurship and Knowledge-Based Economy is being held under the patronage of Crown Prince Sultan Bin Abdul Aziz, Deputy Premier, Minister of Defense and Aviation and Inspector General. Dr. Metlab Al-Naifissa, Acting Minister of Higher Education, inaugurated the forum in the presence of former British Prime Minister Gordon Brown.
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