Thursday, March 28, 2024 | Ramadan 17, 1445 H
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EDITOR IN CHIEF- ABDULLAH BIN SALIM AL SHUEILI

SGRF meets student winners, explores possibility of developing their invention

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MUSCAT: Abdulsalam bin Mohammed al Murshidi, Executive President of State General Reserve Fund (SGRF), met in his office yesterday Ameera bint Said al Abri and Ishhar bint Said al Malki, two medical students from the Nursing College of the University of Nizwa, who won the gold medal at the 46th International Exhibition of Inventions in Geneva, Switzerland for their invention of a device to monitor the blood glucose for the elderly and those with disabilities, especially the blind people.


The meeting aims to explore the possibility of transferring the students’ invention from idea on paper to become an industrially viable product. Al Murshidi valued the new invention, and expressed his appreciation of the outstanding achievement of the two students, and wished them all success in the future.


The meeting was attended by Mulham bin Bashir al Jarf, Chief Investment officer at SGRF, and Chairman of the Board of Directors of the Innovation Development Oman “Ibtikar”, which is a government company with a capital of RO 50 million, the State Reserve Fund holds 60 per cent of its capital. The company specialises in transferring innovations to become major projects at the global level. It also focuses on solving problems and meeting the needs of markets through the implementation of projects with serious ideas providing innovative services and products in the sectors of health care, life sciences, energy, water, food, agriculture and related modern technologies. Since its establishment in 2015, the company has reviewed nearly 450 projects, and has invested in 6 of them. The specialized team at “Ibtikar” has met with the winning students and discussed the technical and commercial details needed to produce this innovation and transfer it to the markets.


The two students received the gold medal in the field of medicine, among 123 other inventors from around the world.


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