THIQAH and King Abdullah University of Science and Technology (KAUST) have announced the signing of a strategic partnership agreement on the sidelines of the Global AI Summit. This agreement follows a previous Memorandum of Understanding (MoU) and aims to strengthen cooperation in the areas of research, development, and innovation in emerging technologies and sustainable solutions. The agreement was signed by THIQAH's Deputy CEO of Business Solutions, Eng. Ahmed Alalola, and Dr. Ian Campbell, Vice President of the National Transformation Institute at KAUST.

The partnership aims to unite efforts and leverage shared expertise and resources to achieve tangible advancements in vital sectors such as transportation, healthcare, and entertainment. The agreement will promote innovation in these sectors through joint research and development, focusing on artificial intelligence (AI), cloud computing, the Internet of Things (IoT), and biotechnology, in alignment with the goals of Saudi Vision 2030.

Eng. Ahmed Alalola expressed his delight in signing the agreement with KAUST, noting that the partnership is part of THIQAH’s commitment to supporting innovation and technological development. He added, "We believe in the importance of strategic partnerships to drive growth. Through this agreement, we aim to enhance collaboration on research and development projects that align with our objectives and meet future needs. “

This agreement represents an important step toward fostering technological innovation in the Kingdom and contributes to the development of an advanced industrial and technological environment. Additionally, it supports building national capabilities in modern technologies, enabling the provision of sustainable solutions that enhance the quality of life in Saudi Arabia.

Last December, KAUST and THIQAH signed a Memorandum of Understanding (MoU) aimed at launching a transformative journey to revolutionize industries and unlock potential for digital solutions. This partnership reflects THIQAH's commitment to promoting business growth and success in an ever-evolving digital age.