SABIC signs agreement with MOI for security innovation
SABIC signed a collaboration agreement with the Ministry of Interior, represented by the King Fahd Security College (KFSC), at the SABIC Home of Innovation™ in Riyadh on October 10 to play a key role in building the strategy of Prince Naif Center for Security Innovation and draw on the company’s competencies in innovation and technology.
The collaboration with the Ministry of Interior reflects SABIC’s continuous commitment to Saudi Vision 2030 and its support to government entities in providing a dynamic environment for building an innovation-driven economy. SABIC seeks to support people, technologies, policies, and institutions necessary to provide the foundation for growth and develop a competitive innovation ecosystem in Saudi Arabia that has a positive impact not only the individual but on society on the whole.
The agreement takes into account the key role SABIC plays in transferring knowledge and in inspiring the innovation performance of government agencies. SABIC will provide its knowhow in designing the innovation center, and support it by enriching a culture of innovation and entrepreneurship, while KFSC will exchange its experience in security innovation.
The agreement was signed by Dr. Fahad Al-Sherehy, SABIC Vice President, Technology and Innovation, and Gen Ali Al-Duaij, KFSC Director General, in the presence of Brig Dr. Mohammed Al-Ammar, Prince Naif Center for Security Innovation Director, KFSC, along with a number of leaders and officials from SABIC and Home of Innovation.