Minister of petroleum and mineral resources and chairman of the board of trustees of King Abdullah University of Science and Technology (KAUST) Eng Ali al-Naimi has described the opening of King Abdullah University of Science and Technology (KAUST) as a historical event. Addressing a press conference here today, he said the Kingdom of Saudi Arabia is keen on diversifying its sources of income. Eng al-Naimi said KAUST will enable the Kingdom to cooperate with the rest of the world in the field of researches, adding that the university stands as a model for rationalizing resources and utilizing them on sound scientific bases. The establishment of KAUST is the most important achievement attained by the Kingdom in the field of scientific research, he noted. --more