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 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 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 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 Professors Aamir Farooq and Mani Sarathy received the inaugural Research Excellence Award from The Combustion Institute (CI). The CI, established in 1954, promotes combustion science and technology research worldwide. The award recognizes CI members with impactful research papers in combustion science. Why it matters: This award highlights KAUST's contributions to combustion research and strengthens its position as a leading institution in this field.
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.
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 alumnus Dr. Hesham Omran won the UNESCO-Al Fozan International Prize for achievements in STEM. Omran was recognized for his Analog Designer’s Toolbox (ADT) and his Mastering Microelectronics YouTube channel, which has over 1.2 million views. Omran aims to boost microelectronics innovation in the Arab world. Why it matters: The award highlights the impact of KAUST graduates on STEM fields in the region and recognizes contributions to education and innovation in microelectronics.