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

New Documentary Under the Hakka Liugdui Sun From Discovery to Debut on August 20 in Southeast Asia

SINGAPORE - Media OutReach Newswire - 18 August 2026 - Under the Hakka Liugdui Sun, a brand-new three-part documentary by Discovery produced in partnership with the Hakka Affairs Council in Taiwa...

Paymentology Powers GoTyme Bank’s Apple Pay Launch in the Philippines

GoTyme Bank becomes the first digital bank in the Philippines to enable Apple Pay, expanding secure and seamless digital payments for 10 million customers MANILA, PHILIPPINES - Media OutReach News...

Tech Data Expands IBM Distribution to Accelerate Partner-Led Growth Across Asia Pacific

Through its parent company, TD SYNNEX, the expansion strengthens scale, consistency, and execution across the regionHONG KONG/HANOI/PHNOM PENH – Media OutReach Newswire – 18 August 2026 – Tech Dat...

JSCCIB Joins Forces with Public Sector and World Bank to Launch "The Bangkok Business Summit 2026: Reinvent Thailand, Resilient ASEAN"

Driving the Thai Economy and Charting New Strategic Pathways for the Future of ASEANBANGKOK, THAILAND – Media OutReach Newswire – 18 August 2026 – The Joint Standing Committee on Commerce, Industr...

Droneport-1000 to Advance Malaysia’s Low Altitude Economy from Sabak Bernam

SABAK BERNAM, SELANGOR – Media OutReach Newswire – 18 August 2026 – Selangor Aviation Technology and Innovation (SELATI), in collaboration with Universiti Selangor (UNISEL), launched the Droneport...

Jobsdb by SEEK Hosts 3rd "HR Conference 2026" Bringing Together Nearly 500 Industry Professionals to Explore Emerging AI Recruitment Trends

Platform launches new “Personalised Targeting” feature this month, leveraging AI to improve hiring outcomesHONG KONG SAR – Media OutReach Newswire – 18 August 2026 – Jobsdb by SEEK, Hong Kong's l...

Citigold Equips Future Talent Through Greater Bay Area Innovation

Second-year cross-border program connects Citigold Summer Analysts and Citigold Wealth Analysts with fintech leaders, artificial intelligence (AI) applications and emerging trends transforming weal...

"This Sea Embraces All" — The 7th Hainan Sports Games Open in Qionghai

QIONGHAI, CHINA – Media OutReach Newswire – 18 August 2026 – On the evening of August 16, 2026, the 7th Hainan Sports Games opened at the Qionghai Culture and Sports Center...

Set Off on a Solo Journey to Reconnect with Yourself, Recharge, Embrace New Experiences and Rediscover Joy in Your Own Way

BANGKOK, THAILAND – Media OutReach Newswire – 18 August 2026 – As travel becomes less about simply changing destinations and more about spending meaningful time with oneself, solo travel is gainin...

V3 Group’s Health and Wellness Supplements Brand LAC Acquires MASQUELIER’S® French Pine Bark Extract; Continues Business Expansion Across East Asia, the Middle East and Africa

SINGAPORE – Media OutReach Newswire – 18 August 2026 – V3 Group Limited, the Singapore-based holding company with a diversified portfolio spanning well-being, luxury gourmet, capital markets, real...

Permanent $20,000 Instant Asset Write-Off Gives Small Businesses Greater Planning Certainty

The Federal Government’s decision to permanently legislate the $20,000 instant asset write-off will give eligible small businesses greater certainty...

Selling a Small Business in Australia: Understanding the Capital Gains Tax Concessions

For many Australian business owners, selling a business represents the reward for years—sometimes decades—of hard work. Unlike employees who may bu...

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...