[2][3] The award is located in King Abdul Aziz Public Library in Riyadh, Saudi Arabia.
[4] It was established on 31 October, 2006 upon the approval of the King Abdulaziz Public Library Council.
[4] The vision of the award is "to promote cultural exchange among peoples of the world and to advance intellectual interaction among civilizations."
One of the 2009 winners, Hartmut Fähndrich, said that (as of October 2012) only a fraction of the prize money he was supposed to have shared with an Arab colleague has arrived so far.
[3] The 2011 ceremony was held in Beijing, attended by Prince Abdulaziz bin Abdullah, Chinese Minister of Culture Cai Wu, Saudi Ambassador to China Yahya Al-Zaid.