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SEDCO Newsletter Quarter 4, 2015
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  photo   GOVERNOR OF JAZAN HONORS SALEM BIN MAHFOUZ FOUNDATION

The Salem bin Mahfouz Foundation was recently honored by HRH Prince Mohammad bin Nasser during a ceremony to launch the 2nd Innovation & Entrepreneurship Forum in Jazan University. Notable attendees at the ceremony included Dr. Turki bin Saud bin Mohammed Al Saud, President of KAUST, HRH Prince Saud bin Khalid Al Faisal, Deputy Governor of the Saudi Arabian General Investment Authority (SAGIA) and President of the National Competitiveness Center (NCC) and Prof. Dr. Mohammed bin Ali Rabie, Acting President of Jazan University. The event welcomed a large number of participants, guests and University students.

Mr. Bassam bin Abdullah Yamani, Deputy Executive Director at Salem bin Mahfouz Foundation, received the award and expressed his gratitude at the event’s success, which aimed to contribute to the Kingdom’s “10th Development Plan (2015-2019)” and the “National Science, Technology & Innovation Strategic Plan (Article 2)”. He also stressed the Forum’s important role in presenting first-hand local and regional entrepreneurial experiences, female entrepreneurs and their role in economic development and highlighting national institutions which most support innovation and entrepreneurship.

Mr. Bassam Yamani further applauded the Forum for highlighting Jazan University’s leading role in the fields of innovation and entrepreneurship and for turning the ideas and dreams of youth into tangible realities. This new and exciting Forum underlines many successful entrepreneurial trials in the Gulf and supports the transition of the Kingdom’s economy into one based on knowledge, and one which falls in line with the national plan for strengthening scientific, technological and innovative institutions.