The King Abdulaziz City For Science and Technology, (KACST), represented by the Badir Program for Technology Incubators, has signed a memorandum of understanding (MoU) with the UAE Ministry of Economy, represented by the organizing committee of the AIM Startup Forum. The signing of the MoU coincides with the Annual Investment Forum 2018 that will be held in Dubai in April next year.
The MoU aims to enhance bilateral cooperation and encourage ambitious investments and innovative projects in Saudi Arabia and the UAE. It was signed by Nawaf Al-Sahhaf, CEO of Badir, and Dawood Al-Shezawi, chief executive officer of AIM Startup Forum.
AIM Startup is a platform where disruptive startups from across the world gather to present their groundbreaking products or services on a truly global stage. AIM Startup was launched in 2017 as an initiative of the UAE Ministry of Economy to connect promising startups with investors and business partners from other parts of the world.
KACST-UAE Ministry of Economy partnership to enhance innovation
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