Business Daily Media

The Times

.

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

Montfort Boys Town Reinforces Malaysia’s TVET Talent Pipeline With 107 Skilled Graduates

MBT Strengthens Commitment To Empowering Neurodivergent Learners Through Inclusive Vocational TrainingSELANGOR, MALAYSIA - Media OutReach Newswire – 3 July 2026 – Montfort Boys Town has produced y...

HARRIS Hotel & Conventions Sunshine Penang Opens, Marking the Brand’s First Presence in Malaysia

The Ascott Limited introduces a vibrant integrated stay, events and lifestyle hotel within Sunshine Central, Ayer Itam.PENANG, MALAYSIA - Media OutReach Newswire - 3 July 2026 - HARRIS Hotel &...

Lawnova Returns to spoga+gafa with Second-Generation Robotic Mower Built for AI Boundary Setup-Free Navigation

COLOGNE, GERMANY - Media OutReach Newswire - 3 July 2026 - As spoga+gafa opens its doors in Cologne, Yosemite Robotics is returning to Europe with Lawnova, its own robotic mower brand, and a secon...

Southeast Asia’s First AIGC Creation Ecosystem Platform - Omirol Launched, Partnering with China’s V Valley Industrial Chain to Build a New China–Malaysia AI Landscape

KUALA LUMPUR, MALAYSIA - Media OutReach Newswire - 3 July 2026 - The 2026 Malaysia AI Innovation and Development Exchange Forum and the launch of Omirol, Southeast Asia's first native AIGC creatio...

Kara Capital leads Japanese consortium into $454 million World Square Office Acquisition

SINGAPORE - Media OutReach Newswire - 3 July 2026 - Kara Capital is pleased to announce that it has successfully advised a consortium of Japanese corporate investors in connection with the ac...

Elm to Showcase Saudi Digital Transformation Model at LEAP East Hong Kong, Eyes APAC Collaboration

HONG KONG SAR - Media OutReach Newswire - 3 July 2026 - Saudi Arabia's Elm Company will take part in LEAP East Hong Kong 2026 as Business Solutions Partner, the company has announced, ahead of th...

THINKCAR Unveils Tyler as the Industry's First AI Diagnostic Agent at Global Distributors Conference

SHENZHEN, CHINA - Media OutReach Newswire - 3 July 2026 - The automotive aftermarket faces a technician shortage: only one candidate exists for every four open roles. Today, THINKCAR unveiled Tyle...

Stewardship Asia Centre Rebrands as Steward Leadership Institute, Marking a New Chapter in Its Mission to Build Purpose-Driven Leaders

The rebrand reflects the organisation's evolution from a convening platform to a fully-fledged institute equipping leaders to create lasting value for organisations, society, and the environment.SI...

VEC continues to expand its strategic partner ecosystem, completing an integrated value chain for international exhibitions and events in Vietnam

Vietnam Exposition Center (VEC) has signed strategic partnership agreements with leading organizations in the exhibition, trade promotion, and media sectors, including COEX, Chan Chao International...

Asia Pacific Logistics Markets Diverge Despite 47% Tenant-Favourable Conditions as Supply Constraints Begin to Shift Balance

Tenant-favorable markets in APAC expected to moderate as conditions tighten Supply-constrained markets - Australia, Japan and Singapore are seeing rising competition 54%...

Australian businesses lean into global strategic partnerships (GCCs) for next wave of outsourcing

The Australian corporate landscape is undergoing a fundamental transformation in how it sources talent and innovation. While businesses have traditi...

The New Pressure Gap Crushing Small Businesses

Starting any business and making it prosper is a major undertaking. Part of the challenge is managing the uncertainty, but the financial pressures o...

Click Frenzy returns with a free EOFY sale event for retailers this month

New owners Gabby and Hezi Leibovich bring back Australia’s leading ecommerce sales event with Australia Post as Major Sponsor   Click Frenzy is ...

The 95 Per Cent Failure Rate Is Not An AI Problem

Most Australian SMEs I speak with are already having a go at AI. Some are running formal pilots, others have a team member quietly experimenting o...

New AR tech helping to solve field service skills crisis

AI-enabled augmented reality (AR) smart glasses are emerging as a new practical solution to fill a shortage of field service technicians maintaini...

For Midsize Companies, Global Payroll Systems Matter More to Business-Security Than You Think

When a midsize company expands across borders, its payroll operation becomes exponentially more complex. These organisations typically face a new ...