NEWS
MSA Novo partners with King Abdullah University of Science and Technology to boost local start-ups
In a significant move to bolster the Saudi start-up ecosystem , MSA Novo has signed an MoU with King Abdullah University of Science and Technology , KAUST . This partnership underscores MSA Novo ’ s commitment to fostering innovation and entrepreneurship in Saudi Arabia .
MSA Novo ’ s partnership with KAUST will significantly impact the local start-up landscape . By focusing on joint investment initiatives and developing new start-up accelerator programmes , MSA Novo aims to support the growth of emerging companies and foster technological advancements in alignment with Saudi Arabia ’ s Vision 2030 .
Key areas of collaboration outlined in the MoU include establishing a joint investment strategy and collaborating on flagship start-up acceleration and incubation programmes to support emerging companies , particularly in cutting-edge technologies like artificial intelligence .
Gaining access to research and innovations from KAUST ’ s departments and providing mentorship and advisory services through MSA ’ s partners and industry experts to enhance the growth of university portfolio companies .
Designing and implementing entrepreneurship education programmes , developing internship programmes , and creating a talent pipeline by providing students with hands-on start-up experience within MSA ’ s portfolio .
Collaborating with the Technology Transfer Office to facilitate the transfer of intellectual property and establishing industry-specific innovation hubs or labs to foster collaboration between start-ups and established companies .
Hosting joint events , conferences , and forums to bring together key stakeholders , and facilitating partnerships between startups and established corporations within KAUST and MSA ’ s networks . This dynamic collaboration is set to ignite a spark of mutual growth and innovation , promising exciting opportunities for all involved .
“ KAUST is supporting a wave of innovation in Saudi Arabia , transforming the economy and fostering a culture of entrepreneurship . We are grateful to our investor partners for their support and vision , helping us build a vibrant ecosystem ,” said Vice President of National Transformation Initiative at KAUST , Ian Campbell .
DXC Technology , ServiceNow , Infobip , Denodo announce new offices in Riyadh
DXC Technology announced launch of a new office space in Riyadh . The purpose-designed facility , sets a blueprint for organisations looking to create a hybrid modern workplace in the Saudi Arabia . Strategically located in the King Abdullah
ServiceNow officially opened the doors to its new regional headquarters for the Middle East and North Africa region in Riyadh . Located in the heart of Riyadh , ServiceNow ’ s new office is close to The Digital Garage , where the company will work to improve AI skills and drive innovation for the Saudi Arabia .
Opening of DXC and ServiceNow offices in Riyadh
Financial Business District , this site was chosen for its proximity to customers , businesses and strategic partners , reflecting commitment and investment in growing these relationships .
Infobip , a global cloud communications platform , has launched its operations in the Saudi Arabia . Infobip also launched its first data centre in Saudi Arabia , to host and process the data within the country , in line with international data security standards .
The data centre in Riyadh is expected to support businesses , create numerous job opportunities , and contribute to the local economy . It offers scalability and reliability to meet the evolving needs of businesses across various industries .
Denodo , a provider in data management , is opening their new Middle East regional head office in Riyadh .
The new office will support new and existing Denodo customers and partners in the Middle East , providing them with direct access to the company ’ s experts in logical data management and AI-supported data solutions . This regional expansion is a testament to Denodo ’ s growing business and its customers in the region .
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