Saudi Arabia launched its first Institute for Nanotechnology in Riyadh’s Techno Valley and it was named after King Abdullah.
The event took place on last Sunday at 10:10:10 on 10 October 2010.
Prince Muqrin Bin Abdul Aziz, chief of General Intelligence told the audience during the event that people are what make universities “great.”
“However beautiful the buildings are and however advanced the equipment is, universities are only meaningful with men and women who are sincere to their nation and to its children,” he said.
Muqrin said the facility and its people will make great strides in the critical field of research.
“Nanotechnology was not born today and it is not in a special field, but it is in all fields – from paints to medicines. And now we will witness the role of this technology in desalination and agriculture.”
Nanotechnology, the study of controlling of matter on atomic and molecular scales, holds promise for a diverse range of scientific developments. Experts believe nanotechnology can create new materials and devices with applications in medicine, electronics, energy production and other fields.
“Through close monitoring of the international scene and trends of modern technology in the advanced countries, it was noticed that there is great attention and huge financing being provided to the field of nanotechnology because the one who will have the greater share in nanotechnology will rule the world economy in the 21st century,” Muqrin said.
Muqrin added, “King Saud University has today become an international institution that is occupying a place among 400 world universities, according to the Shanghai Classification, and is at the top of the list of Arab and Muslim universities. Sincere people are behind this honorable classification. They devoted themselves to serving the nation and raising its stature in the Arab world and in the world in general.”