Business Daily Media

Times Advertising

.

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

XEV Dismantles the Dealership Model: New "Hardware + Service" Ecosystem Separates Vehicle Cost from Power and Slashes EV Entry Prices in Europe

TURIN, ITALY - Media OutReach Newswire - 14 April 2026 - The traditional automotive model is obsolete. It is rigid, capital-heavy, and dependent on massive dealership inventories that drive up cos...

SIM Global Education’s guide to navigating the first 30 days of university life

SINGAPORE - Media OutReach Newswire - 15 April 2026 - The first 30 days of university can shape everything that follows, from academic confidence and friendships to a student's overall sense of be...

L’Occitane en Provence Announces the Return of Its Iconic Amande Sublime Collection, Redefining Daily Shower as a Conscious Ritual

Rooted in Provençal Almond Heritage, Crafted for Modern Better‑Being KUALA LUMPUR, MALAYSIA - Media OutReach Newswire - 15 April 2026 - In a world that rarely slows down, a shower remains o...

Asian Agri Distributes 30,000 Litres of Premium Cooking Oil Across Three Provinces in Sumatra Ahead of Eid

SINGAPORE - Media OutReach Newswire - 15 April 2026 - Ahead of Eid al-Fitr, demand for staple goods typically rises. To help communities access essential items at more affordable prices during Ram...

HDBank partners with London Stock Exchange to expand global capital access for Vietnamese enterprises

HO CHI MINH CITY, VIETNAM - Media OutReach Newswire - 15 April 2026 - The HCM City Development Commercial Bank (HDBank) has entered into a strategic partnership agreement with the London Stock Exc...

Brother Introduces New A3 Business Smart Inkjet Series : High-speed Performance for Bold Creativity

HONG KONG SAR - Media OutReach Newswire - 15 April 2026 - On 1 April, Brother announced the upcoming availability of the MFC-J3960DW and MFC-J3660DW — two new A3 colour inkjet multifunction pr...

ACUVUE RALLIES 2026 Transform Plaza Singapura into Singapore’s First In-Mall Pickleball Arena, Bringing Communities Closer Through Sport

SINGAPORE - Media OutReach Newswire - 15 April 2026 - Singapore’s growing pickleball movement took centre stage last weekend as ACUVUE RALLIES 2026 introduced the country’s first competitive pickl...

US$10 Million Tech Startup- VinoBuzz, Takes the Traditional Wine Market by Storm as Hong Kong’s First AI Agent & Marketplace for Wine

VinoBuzz closed angel round at US$10M valuation, gained 1,000+ registered users in two weeks of beta, and redefines wine discovery with 10‑second matching, 1‑minute event planning, and hour‑deliver...

Citi and Endowus Deepen Partnership with Credit Card Collaboration

First-ever joint campaign for credit card unlocks enhanced digital investment solutions and exclusive lifestyle privileges for clients HONG KONG SAR - Media OutReach Newswire - 15 April 2026 - As ...

THE COLLECTIVE by JustCo Opens in Bengaluru, Strengthening Luxury Workspace Presence in India

BENGALURU, INDIA - Media OutReach Newswire - 15 April 2026 - THE COLLECTIVE, the hospitality-led luxury flexible workspace brand by JustCo, announces the opening of its newest centre at Helios Bus...

BizCover Brings Australia’s First AI-Based Insurance Quotes to ChatGPT

Australian small business owners can now receive and compare business insurance quotes directly inside ChatGPT, in a move that signals a major shi...

VistaPrint Research Reveals Australian Small Businesses Face a Succession Cliff

With only 16% of retiring small businesses having a succession plan, tens of thousands risk closure as one in three owners nears retirement.  Ne...

Corporate volunteering grows up: how companies are shifting to meaningful, community-led impact

As workplaces settle into the new year and look for ways to strengthen culture, capability and connection, experts say corporate volunteering is e...

The Rise of Mobile-First Venues

Global Hospitality Platform, Tabit, Reveals Five Ways to Maximise Benefits of Mobile-First Systems  As Australian hospitality venues grapple with...

Why the SME is now the primary engine of global cybercrime

For over a decade, the most practical and effective advice we could offer an employee was to spot the typo. It was practical, it was free, and it wo...

Work-life Balance Key to Solving Construction Talent Shortage

New data from leading talent company Randstad Australia shows flexible working and work-life balance could be critical to addressing ongoing talen...