KAUST Ph.D. student Chiheb Ben Hammouda won the best poster award at the Society for Industrial and Applied Mathematics Conference on Financial Mathematics & Engineering (FM19) for his work on option pricing under the rough Bergomi model. The winning poster, titled "Hierarchical adaptive sparse grids and quasi-Monte Carlo for option pricing under the rough Bergomi model," details research carried out under the supervision of KAUST Professor Raul Tempone. The research group designed new efficient numerical methods for pricing derivatives under the rough Bergomi model by combining smoothing techniques. Why it matters: This award highlights KAUST's growing expertise in financial mathematics and its contribution to solving complex problems in the field using advanced numerical methods.
KAUST Professor Marc Genton has received the Royal Statistical Society’s (RSS) 2023 Barnett Award for his contributions to environmental statistics. Genton's work includes the development of ExaGeoStat, a high-performance software for geostatistics, and the use of spectral methods to emulate climate model outputs. His research includes a five-year study on wind energy potential in Saudi Arabia, informing the Kingdom’s national wind energy strategy. Why it matters: This award recognizes impactful environmental statistics research at KAUST with implications for Saudi Arabia's renewable energy sector and beyond.
KAUST Professors Mohamed Eddaoudi and Omar Knio have received the Abdul Hameed Shoman Award for Arab Researchers. Eddaoudi was recognized for his work on metal-organic frameworks (MOFs) for clean energy and carbon capture, while Knio was honored for his contributions to mathematical modeling and simulation of thermo-fluid systems. The award, established in 1982, recognizes outstanding scientific output and aims to encourage a culture of scientific research in the Arab world. Why it matters: This recognition highlights the impactful research being conducted at KAUST and underscores the importance of Arab researchers' contributions to solving regional and global challenges.
KAUST Professor Niveen Khashab has received the 2023 Cram Lehn Pedersen Prize in Supramolecular Chemistry, a prestigious international award. The prize recognizes her original work in supramolecular chemistry and self-assembly of organic molecules, particularly in designing smart nanomaterials. Khashab will receive the award, along with a £2,000 honorarium, at the 2023 International Symposium on Macrocyclic and Supramolecular Chemistry in Iceland. Why it matters: This award highlights the growing prominence of materials science research in the GCC region and KAUST's contributions to the field of supramolecular chemistry.
KAUST Professor Marc Genton received the International Statistical Institute's Service Award 2019 for his leadership as editor-in-chief of the journal Stat. His research group at KAUST focuses on developing statistical tools relevant to Saudi Arabia's knowledge economy transition. Genton is also working with the University of Notre Dame on wind energy implementation and infrastructure assessment for NEOM. Why it matters: This award recognizes KAUST's contributions to statistical research and its application to renewable energy and economic development in Saudi Arabia.
KAUST Professor Marc Genton and his former postdoc Stefano Castruccio jointly won the 2017 Wilcoxon Award for their paper in Technometrics. Their paper, "Compressing an ensemble with statistical models: An algorithm for global 3D spatio-temporal temperature," details a data-compression scheme for climate simulations. The method reduces data-storage requirements and accelerates climate research capacity. Why it matters: This award highlights KAUST's contribution to statistical methods for climate modeling and big data analysis, particularly relevant for studying renewable energy resources in Saudi Arabia.
Dr. Paula Moraga, an Assistant Professor at KAUST, has been awarded the 2023 Letten Prize for her work on disease surveillance systems. The prize recognizes researchers under 45 for contributions to health, development, environment, and equality. Moraga's research enables early epidemic detection, and she was selected from 164 applicants. Why it matters: This award highlights KAUST's contributions to public health research and underscores the importance of AI and data science in addressing global health challenges.
KAUST Ph.D. student Bogdan Dragos Ilies received two awards from the League of Romanian Students Abroad: a special mention in the category 'Romanian students abroad' and the Public Audience Award. Ilies came to KAUST as an intern, then a master's student, and is now pursuing a Ph.D. in atmospheric chemistry under Associate Professor Mani Sarathy, focusing on how aerosols influence climate change. Why it matters: The recognition highlights KAUST's role in attracting and fostering international research talent and contributing to environmental science.