Business & Money | Sunday 15 July, 2018 2:00 pm |

Inaugurated by His Royal Highness Prince Saud bin Nayef, Governor of the Eastern Province, Sipchem Innovation Club, "Sipchem Tech", launched at Sipchem Technology and Innovation Center "MANAR", located in Dhahran Technology Valley, aims to build young people capabilities in various fields, including artificial intelligence, programming, 3D printing and robotics.

 

During his tour, HRH viewed the technical and laboratory equipment provided by Sipchem. Sipchem Tech, the first of its kind in the region, is a platform that combines education and technical innovation.

HRH also praised Sipchem's social responsibility programs, hoping that such programs will contribute to the development of a promising generation that will keep abreast of progress and development in KSA.

More than 500 students, aged 8  to 12, are taking advantage of Sipchem Innovation Club, 120 of whom are undergoing intensive one-month programs to build their potential in areas related to artificial intelligence, programming, 3D printing, robotics and how to build initial designs to be a nucleus for future projects.

 

The Club includes holding digital workshops geared to gifted and talented school students so as to bring out their ideas and creations, as well as motivating creators, innovators and designers to produce, develop and test their ideas and innovations. Sipchem CEO, Eng. Ahmed bin Abdul Aziz Al-Ohali, expressed his deep gratitude to His Royal Highness Prince Saud bin Nayef for his continued support for all programs that enrich development and innovation in the region.

 

"Sipchem Innovation Club represents an unconventional stage in supporting social responsibility programs through its focus on building the capacities of children in future fields that contribute to rapid economic and technical transformations," said Al-Ohali. "Today, Sipchem Innovation Club combines supporting entrepreneurship in cooperation with BrightUp Platform for Education, a promising model for Saudi youth projects, and our ambition as a company to be an active part of creating opportunities and finding solutions to future challenges through engaging future generations," he added.

 

Sipchem Innovation Club’s activities will continue until August 15th, during which students will work on building models of viable projects.

 

Sipchem achieved one of the award for best practices in corporate governance among companies listed in the Saudi Stock Exchange "Tadawul". The announcement was made during the 2nd Annual Conference for Corporate Governance organized by Al Faisal University in Riyadh.

 

Governance award is an independent annual ceremony which depends on more than 150 standards, including shareholders rights, Board practices, conflicts of interest, disclosure and transparency, and relations with stakeholders.