KAUST and NEOM establish Center of Excellence

Summary

KAUST and NEOM have signed an agreement to establish the KAUST-NEOM Center of Excellence for NEOM Research at KAUST. The center will focus on solutions for challenges in sustainable energy, urban planning, agriculture, seismology, water desalination, AI, big data, and sensors. NEOM will be backed by over $500 billion in funding. Why it matters: The partnership signifies a major investment in R&D and technological innovation within Saudi Arabia, aligning with the Kingdom's vision for economic diversification and development of cutting-edge technologies.