IBM, Saudis partner on 'green' nanotech lab
IBM and Saudi Arabia's national research and development organization have created a joint nanotechnology lab to develop new technologies in solar power, seawater desalination, and recyclable materials.
An agreement to create the Nanotechnology Centre of Excellence, established by the King Abdulaziz City for Science and Technology and IBM Research, was signed last week in a ceremony in Riyadh.
The lab is one of several indicators that oil-rich Middle East nations are moving rapidly into clean tech.
The oil minister of Saudi Arabia, Ali al-Nuaimi, told the French oil newsletter Petrostrategies that "one of the most important sources of … Read more