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

Matrix Robotics Presents MATRIX-3 at BEYOND Expo Macao, a Stunning Showcase of China’s Top-Tier Humanoid Robot Technology

MACAO – EQS Newswire – 28 May 2026 - Running from May 27 to 30, 2026, BEYOND Expo opened its doors at The Venetian Macao Cotai Expo. A premier global platform for technological innovation and real-...

Johnson Electric reports results for the year ended 31 March 2026

Highlights of FY25/26 Results Group sales US$3,650 million – up 0.1% compared to the prior year; a decrease of 2% on a constant currency basis Gross profit US$840 mi...

Global Filmmakers Are Leveraging Kling AI to Push the Boundaries of Storytelling, Cannes Panel Presents

CANNES, FRANCE - Media OutReach Newswire - 28 May 2026 - A shift is underway in the global film industry as creators across the globe embrace Kling AI to produce cinematic-level visuals and push t...

Hong Kong rises to world No.1 cross-boundary wealth hub

HONG KONG SAR - Media OutReach Newswire – 28 May 2026 – Hong Kong has overtaken Switzerland as the world's top cross-boundary wealth management centre, according to the latest Global Wealth Report...

Vietnam’s Bridge to the Global Experience Economy

HANOI, VIETNAM - Media OutReach Newswire - 29 May 2026 - As traditional Asian markets such as Singapore and Thailand approach saturation, Vietnam is accelerating its rise as a new destination for...

VOLANT Aerotech Secures Nearly RMB 1 Billion in Series C+ Round, Bolstering Global Lead in Commercial Passenger eVTOL Sector

SHANGHAI, CHINA - EQS Newswire – 29 May 2026 – VOLANT Aerotech, a leading pioneer in China's commercial passenger electric vertical takeoff and landing (eVTOL) sector, today announced the successfu...

Skills Become the New Currency: Salary Polarisation Deepens as AI and Semiconductor Talent Command Up to 30% Pay Increases in Taiwan

Robert Walters Taiwan’s 15th anniversary report Reveals Structural Shift in the Local Talent Market Taiwan's talent market has officially shifted from an employer-driven to a candidate-dr...

Bracell Highlights Removal of 6 Million Tons of CO₂ and Advances Climate Monitoring with Flux Towers

The company’s results are part of the 2025 Sustainability Report, which consolidates progress in its environmental agenda grounded in science and investment in technology SINGAPORE - Media OutReac...

AIMS Indonesia Officially Opens in Jakarta, Secures BAPPEBTI Licence

JAKARTA, INDONESIA – EQS Newswire – 29 May 2026 - AIMS officially launched AIMS Indonesia on 25th May 2026, marking a major milestone in the company's regional expansion and reinforcing its long...

Payment Options Japan Becomes Official Partner of Yokohama Football Club

TOKYO, JAPAN - Media OutReach Newswire - 29 May 2026 - Payment Options K.K. and Yokohama Football Club (Yokohama FC) are pleased to announce the signing of a partnership agreement...

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 ...

GEO and the AI search shift reshaping Australian and New Zealand business visibility

For years, one of the biggest digital marketing questions for businesses was ‘how do we get onto page one of Google?’ That question still matters, ...

Why self-service is reshaping fleet management for modern businesses

Fleet management today is constrained by fragmented systems and heavy administrative demands. A lot of the work still relies on booking vehicles and...

Fraud Prevention and security crucial as identity crime hits record highs in Australia

In a radically transformed risk landscape where the scale and speed of financial fraud have reached unprecedented levels, Australian businesses ar...