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Innovation for the future

KAUST · · Notable

Innovation Business KAUST SABIC Leadership

Summary

Uwaidh Al-Harethi, executive VP at SABIC, spoke at KAUST's 2019 Winter Enrichment Program about the importance of innovation, noting that leading tech companies invest heavily to penetrate markets. He highlighted Samsung's patent filings and Amazon's innovation spending. Al-Harethi stated that SABIC makes three dollars for every one dollar spent on innovation, emphasizing its role in the chemical industry's success. Why it matters: The talk underscores the increasing focus on innovation and technology leadership within Saudi Arabia's key industries, particularly in leveraging AI for future technologies.

Keywords

Innovation · SABIC · KAUST · Uwaidh Al-Harethi · Winter Enrichment Program

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