King Saud University (KSU) has secured cooperation of Nobel Prize winning scientists to carry out joint research, lectures to students as well as supervise postgraduate research. According to KSU's press release, the deal, consisting of 25 agreements with Nobel Prize winners and their institutions, will allow 600 students from the Kingdom to travel abroad to study under the Nobel Prize winners. Once their post-graduate work is completed the students will be expected to return to serve as members of the faculty at KSU. The university is currently attracting a number of Nobel Prize winning scientists in the fields of medicine, physics, chemistry and economics. This endeavor is based on the idea of using the university to change the Kingdom's oil-based economy into a knowledge-based economy. Several scientists have agreed to join the university in its program to advance learning in the Kingdom. They are; Mohammad Younis, 2007 Nobel Prize Peace winner and founder of Garmeen Bank Roy Glauber, a 2005 Nobel Prize winner, to supervise postgraduate physics students and he will assist in the development of a physics higher studies program Professor Theodor Hansch, 2005 Nobel Prize winner in the development of laser-based precision spectroscopy Carl Wieman, 2001 Nobel Prize winner in physics and a professor at Colorado University Finn Kydland, 2004 Nobel Prize winner in economics and currently a visiting professor at KSU Jamse Heckman, 2000 Nobel Prize winner in Economics Richard Shrosck, 2005 Nobel Prize winner in chemistry, to lecture to faculty members and postgraduate students. __