The Prize is an international award offered every two years in appreciation to distinguished scientists throughout the world. It is refereed by international arbitration committees and bestowed in five branches. One million Saudi Riyals (about $266,000) is allocated for the Creativity Prize, while half million Saudi Riyals (about $133,000) is allocated for each of the other four specialized branches of the Prize. The Prize will be accompanied by a gold medal, trophy and a certificate.