King of Saudia Arabia funds nanotechnology personally

Who knew the King was a nanotech fan? Arab News reports that the King of Saudi Arabia is putting the equivalent of about US$9.6 million into nanotechnology at Saudi universities:

King Donates SR36 Million for Nanotechnology

RIYADH, 25 November 2006 — Custodian of the Two Holy Mosques King Abdullah donated SR36 million to the three leading universities in the Kingdom for research studies in nanotechnology, Higher Education Minister Khaled Al-Anqari said in a statement to the Saudi Press Agency yesterday.

The minister’s statement said, “King Abdullah donated a sum of SR36 million from his personal account for the completion of equipping the sophisticated nanotechnology laboratories at King Abdul Aziz University, King Saud University and King Fahd University for Petroleum and Minerals at the rate of SR12 million for each.”

Al-Anqari said the facilities would serve as the nucleus for the establishment of advanced institutes of nanotechnology in the three universities where Saudi experts will be trained in this new branch of science.

So, is this a good thing? Read about Saudi Arabia and decide. —Christine

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