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Finance Futures - KAUST awarded ACCA-approved employer status

KAUST · Oct 3

KAUST has received Approved Employer status from the Association of Chartered Certified Accountants (ACCA), becoming the first university in Saudi Arabia to earn this recognition. The award acknowledges KAUST's 'Finance Futures' program, which allows Saudi participants to gain ACCA's professional accounting qualification. Fazeela Gopalani, Head of ACCA Middle East, praised KAUST on its continuous professional development programs during the award ceremony. Why it matters: This accreditation enhances KAUST's reputation as a leading institution committed to developing local talent in finance, aligning with Saudi Arabia's Vision 2030 goals for economic diversification.

KAUST, Saudi Aramco Establish Saudi Arabia Advanced Research Alliance and Technovia

KAUST · Jan 21

KAUST and Saudi Aramco have partnered to establish the Saudi Arabia Advanced Research Alliance (SAARA) and Technovia, a company focused on commercializing R&D in Saudi Arabia. SAARA includes KACST, KFUPM, TAQNIA, and RTI International, aiming to translate technology into commercially viable products. Technovia, located in Dhahran Techno Valley, will prepare technologies for market entry and secure external investment. Why it matters: This initiative aims to accelerate technology development and economic diversification in Saudi Arabia by bridging the gap between research and commercial applications, potentially fostering innovation across various industrial sectors.