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.
The Technology Innovation Institute (TII) in Abu Dhabi has appointed Dr. Chaouki Kasmi as its first Chief Innovation Officer. Dr. Kasmi will be responsible for overseeing the development and implementation of TII’s research and innovation strategies. He has been with TII for four years and has co-authored over 200 scientific papers. Why it matters: This appointment signals TII's continued focus on translating research into practical applications, potentially fostering further technological advancements in the UAE.
Technology Innovation Institute (TII)'s Directed Energy Research Center (DERC) will participate in the Fluid Codes - Ansys User Conference on October 19, 2023, in Dubai. Dr. Chaouki Kasmi will join a panel on digital transformation in national R&D strategy, while Umar Hashmi and Gideon Appiah will present a paper on enhancing Marx generator reliability using ANSYS Maxwell. The conference will gather over 120 leaders to discuss innovation and R&D. Why it matters: TII's participation highlights the UAE's focus on advanced engineering and digital transformation in achieving its research and development goals.
Fred Farina, Chief Innovation Officer at Caltech, spoke at KAUST about commercializing academic research. He emphasized licensing research to corporations and creating startups, highlighting the importance of academic-industry partnerships for transitioning to a knowledge economy in the region. Farina noted that successful technology transfer requires a long-term commitment and a robust ecosystem of venture capital and companies. Why it matters: This highlights the increasing focus on diversifying GCC economies beyond oil through strategic investments in research and technology transfer, with universities playing a central role.
KAUST is expanding its REVelate corporate innovation workshop into a larger "Innovation Academy" program. The program targets Saudi-based companies, nonprofits, and government organizations. It aims to develop novel processes, design thinking, and intrapreneurship to benefit their missions and support the Kingdom's knowledge economy. Why it matters: The expansion signals KAUST's growing role in fostering innovation and entrepreneurship within Saudi Arabia's corporate and public sectors.