Meeting of Board of Governors of IDB Group opened in Jeddah

Jeddah, Sha’ban 21, 1438, May 17, 2017, SPA — Minister of Finance Mohammed bin Abdullah Al-Jadaan this evening opened the 42nd annual meeting of the Board of Governors of the Islamic Development Bank at Jeddah Hilton Hotel.In his address to the member…

Saudi-US Economic Relations 3 Riyadh

The visit of Deputy Crown Prince Mohammed bin Salman bin Abdulaziz, Second Deputy Premier and Minister of Defense, witnessed many economic activities, as he met with a number of US officials and discussed ways to develop relations to serve the two coun…

Saudi-US Economic Relations 2 Riyadh

In this context, the Kingdom and the United States enjoy strong economic and trade relations supported by common interests.In 2013, the volume of Kingdom’s exports to America amounted to SR 119,1 billion, representing %14,12 of the Kingdom’s total expo…

Saudi-US Economic Relations

Riyadh, Sha’ban 20, 1438, May 16, 2017, SPA — Economic relations between the Kingdom of Saudi Arabia and the United States of America began on February 23 of 1930, and became closer in 1931 at the time of starting commercial flow of Saudi oil and the …

USA Tops Scholarship Countries in Receiving Saudi Students by 30% Riyadh 2

For its part, the Ministry of Education presented to the National transformation Program, a number of (36) initiatives for the development of education in its different stages, regulations and entities, including the development of foreign scholarships program and improvement of its operational efficiency with a budget of SR 48 million, according to a national strategy in line with the Kingdom of Saudi Arabia’s Vision 2030, confirming the farsightedness the wise leadership enjoys in supporting this nation’s citizens as they are the real wealth upon whom a bright future for the country will be built.
The first cultural office to supervise Saudi students in New York was opened in 1951, affiliated by Saudi delegate in the United Nations till 1956 when the Cultural Office became independent and got renamed to ” Cultural Saudi Office in New York.” Throughout the years, the Cultural Office moved from Houston City in Texas to Washington, D.C. as Cultural Attaché in 1987. 320 clubs were established for Saudi students around 250 cities in 47 united states.
The scholarship program in the United States resulted in more than 200 patents out of which 133 were accredited, 25 of them were in the chemistry, and 108 were in Electrical and Mechanical Engineering.
Scientific indicators show that KSA is one of the leading of the 20 countries in establishing chairs in U.S universities during the last 25 years, the volume grant is ranked third after Japan and Switzerland.
Saudi scholarship started back even before establishing Ministry of Education in 1927, when King Abdulaziz Al Saud formed a committee to study the idea, the committee developed a plan for the scholarship project. It presented the plan to King Abdulaziz which he agreed on, therefore, he sent the first Saudi students to Egypt.
King Abdulaziz Al Saud issued on first of Ramadan,1926 a decree to establish an Educational Department to do its part in opening schools in order to spread knowledge and launching the first institute “Saudi scientific institute” in 1937. Then this Institute prepared Saudi teachers in building modern education.
During the graduation ceremony of the institute’s first batch, he said, “You are the outcome of our first Institute, knowledge without work is like a tree without fruit, and knowledge can either do you good or harm you, if you used what you learn it will do you good and if you don’t use what you learned it will do you harm, those who got knowledge are not equal to those who don’t and know God will bless your knowledge even if it was a little, better than much knowledge with no work, blessing comes with work”
15:12 LOCAL TIME 12:12 GMT

USA Tops Scholarship Countries in Receiving Saudi Students by 30%

Riyadh, Sha’ban 20, 1438, May 16, 2017, SPA — The United States of America has topped the world countries in receiving Saudi students of King Abdullah Foreign Scholarship Program by 30%, followed by Britain with 15%, Canada 11% and Australia 08%, regi…