Business Daily Media

The Times Real Estate

.

KAUST enhances the Kingdom's economic competitiveness by forging transformative research and innovation collaboration with China's Shenzhen City

HONG KONG SAR - Media OutReach - 21 September 2023 - King Abdullah University of Science and Technology (KAUST) has bolstered its strategic ties by collaborating with leading innovation and academic institutions in Shenzhen, China.

kaust.png

Shenzhen, one of China's foremost hubs of technological development and its third most economically and technically developed city after Shanghai and Beijing, is a strategic partner in enhancing the Kingdom's innovation ecosystem. The collaboration with leading businesses, academics, and innovation specialists in Shenzhen solidifies the University's reputation as a premier global research and technology hub.

During a visit to the University's campus on September 14, H.E. Mayor of Shenzhen, Mr. Qin Weizhong, along with 50 delegates from Tsinghua University; Tsinghua Shenzhen International Graduate School (Tsinghua SIGS), Research Institute of Tsinghua University in Shenzhen (RITS); Chinese University of Hong Kong, Shenzhen (CHUK-Shenzhen); Shenzhen InnoX Academy; and Shenzhen Research Institute of Big Data (SRIBD), signed several Memorandum of Understandings (MOUs) with KAUST. These MOUs emphasize shared capabilities in research, education, talent exchange and training, innovation, and entrepreneurship. These collaborations aim to foster a new generation of scientific research and innovation leaders, elevating the Kingdom's higher education system to unparalleled standards.

The Shenzhen collaboration is part of a central pillar of KAUST's new strategy, unveiled last month. A component of its renewed vision, the University is intensifying its drive to launch initiatives that establish connections with elite academic institutions and innovation hubs worldwide. These alliances aim to deepen scientific relationships, catalyze technology adoption, and promote research commercialization to uplift the Kingdom's economic competitiveness.

KAUST President Professor Tony Chan commented, "Our collaboration with esteemed Shenzhen institutions embodies one of KAUST's primary objectives – to enhance commercialization of our research and promote global research partnerships and talent cultivation. These synergies will amplify our influence and bring tangible benefits to the Kingdom."

During a reception at the Ritz Carlton in Riyadh on September 16, Shenzhen delegates were co-hosted by KAUST and the Kingdom's Research Development and Innovation Authority (RDIA) with esteemed speakers H.E. Dr. Munir M. Eldesouki, President of King Abdulaziz City for Science and Technology, and head of the establishment team of the Research Development and Innovation Authority, H.E. Mayor of Shenzhen Mr. Qin Weizhong, H.E. Chinese Ambassador Chen Weiqing and KAUST Professor Jinchao Xu, and nearly 200 representatives attending from various Saudi ministries and the private sectors, including PIF, Saudi Aramco, as well as other critical business, innovation and research leaders in Saudi Arabia and China.

In March 2023, a delegation from KAUST visited Shenzhen, entering into MOUs with top institutes, including CUHK-Shenzhen, RITS, SRIBD, Southern University of Science and Technology, Shenzhen Institute of Advanced Technology, Shenzhen InnoX Academy, International Digital Economy, and X-Institute.

Hashtag: #KAUST

The issuer is solely responsible for the content of this announcement.

About KAUST

Established in 2009, King Abdullah University of Science and Technology (KAUST) is a graduate research university devoted to finding solutions for some of the most pressing scientific and technological challenges in the world as well as Saudi Arabia in the areas of food and health, water, energy, environment and the digital domain. KAUST is a curiosity-driven, interdisciplinary, problem-solving environment with state-of-the-art labs, distinguished faculty and talented students.

KAUST brings together the best minds from around the world to advance research. More than 120 different nationalities live, work and study on campus. KAUST is also a catalyst for innovation, economic development and social prosperity, with research resulting in patents and novel products, enterprising startups, regional and global initiatives, and collaboration with other academic institutions, industries and government agencies.

For additional information, visit .

News from Asia

Backbase and Synpulse partner to accelerate banking transformation across APAC

Combining Backbase's Engagement Banking Platform with Synpulse's regional expertise to deliver customer-centric solutions SINGAPORE - Media OutReach Newswire - 13 March 2025 - Backbase, the leade...

Technology driving positive outlook for Malaysian small businesses

Malaysia’s small businesses lead the region in innovation Younger entrepreneurs dominate small business landscape AI investment on the rise ...

ST Telemedia Global Data Centres Accelerates AI Ambitions, Achieves Certification under NVIDIA DGX-Ready Data Center Program

SINGAPORE - Media OutReach Newswire - 13 March 2025 - ST Telemedia Global Data Centres (STT GDC), one of the world's fastest-growing data centre colocation service providers headquartered in Singa...

HL Assurance Becomes First in Singapore to Launch Core Travel Insurance Coverage Add-Ons

HL Assurance addresses key concerns for the modern traveller in their new combination of essential travel insurance add-ons. SINGAPORE - Media OutReach Newswire - 13 March 2025 - Singaporeans can ...

USPACE Partners with AICO to Launch 6,000-Satellite Constellation Plan

— Hybrid Constellation Focused on Direct Mobile-Satellite Connectivity to Empower “Belt and Road” Digital Future HONG KONG SAR - EQS Newswire - 13 March 2025 - At the "100 Satellites" exhibition he...

Octa broker receives the 'Best use of AI in fintech' award

KUALA LUMPUR, MALAYSIA - Media OutReach Newswire - 8 March 2025 - OctaTrader, Octa broker's proprietary trading platform, was recently awarded for the 'Best Use of AI in Fintech 2025' by Global Bu...

Visa offers seamless tap-to-ride experiences for Visa cardholders on Ho Chi Minh City Metro Line 1

HO CHI MINH CITY, VIETNAM - Media OutReach Newswire - 13 March 2025 - Visa (NYSE: V), a global leader in digital payments, has continued its role as an Official Co-sponsor of the Inauguration Cer...

Make a Splash This Summer: Celebrate Water and Culture at Five Iconic Bangkok Destinations with ONESIAM

ONESIAM’s Songkran celebrations, part of Siam Piwat’s guest experience program, offer tourists an elevated summer journey through culture, tradition, and immersive festivities BANGKOK, THAILAND - ...

DHL Express Hong Kong becomes the Official Partner of Kai Tak Sports Park

Both parties will collaborate to drive the growth of sports and entertainment events to the city and help to foster the development of Hong Kong into a premier hub for mega live events ...

Henkel presents the next edition of the Martha Schwarzkopf Award for outstanding female scientists

DÜSSELDORF, GERMANY - Media OutReach Newswire - 13 March 2025 - For the fourth time, Henkel is proud to present the Martha Schwarzkopf Award for Women in Science, dedicated to supporting and empow...

Empowering small businesses: Localsearch rolls out affordable digital solutions

New suite of digital solutions designed to boost visibility, engagement, and customer acquisition In response to a rapidly evolving digital lan...

Why Responsible Leadership is a Competitive Advantage for Small Businesses

In today’s fast-changing business landscape, leadership is evolving. While large corporations are reassessing their diversity, equity, and inclusi...

Why it’s a great time to include the EU in your export push

With the US market beset with unknowns, training your sights on mainland Europe in 2025 makes sound sense. Wondering whether the introduction o...

Success Isn’t About Labels—It’s About Mindset

In the lead up to International Women’s Day, I’ve been reflecting on my own success as a business owner and whether or not being a woman has playe...

Accelerate Action- Thryv champions women in business for International Women’s Day

Thryv® (NASDAQ: THRY), provider of the leading small business software platform, is celebrating International Women’s Day by shining a spotlight o...

Sydney Startup Launches AI Platform To Lead the Charge on Gender Pay Gap Action

EvenBetter.ai launches in Australia with First Customers Knight Frank and Fuji Australia Sydney-based startup EvenBetter.ai has today launched th...

Sell by LayBy