Saudi Arabia’s KAUST launches third phase of startup accelerator

Young entrepreneurs play a key role under ongoing reforms. (Shutterstock)
Updated 10 February 2019
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Saudi Arabia’s KAUST launches third phase of startup accelerator

  • The university said the program raised awareness about branding and also increased the attention on startup accelerators
  • Saudi Arabia has been investing heavily in startups to achieve its Vision 2030 reform plan objective of moving away from dependency on oil

JEDDAH: King Abdullah University of Science and Technology (KAUST) launched the third phase of its flagship startup accelerator at its headquarters in Thuwal.
TAQADAM gives Saudi students, staff and recent graduates the tools and support to start a successful tech-based company through mentoring and training.
Successful applicants receive SR75,000 ($20,000) in grant funding and access to a co-working space.
The program’s first phase was launched in 2016 and has helped 39 startups and granted more than SR4.5 million in seed funding based on grants.
The university said Friday it had received 518 applications for the third phase and that 42 had been accepted.
The number of businessmen and businesswomen had reached 133, and 35 percent of these were women.
A number of universities in the Kingdom participated: Prince Mohammed bin Salman College, Umm Al-Qura University, Princess Nourah bin Abdulrahman University, Taif University, King Saud University, Prince Muqrin University, Prince Sultan University, Jazan University, King Fahd University of Petroleum and Minerals and King Abdul Aziz University.
TAQADAM covers many sectors such as agricultural technology, artificial intelligence, e-commerce, energy, fashion and health care.
The university said the program raised awareness about branding and also increased the attention on startup accelerators.
It also aims to enhance KAUST’s role in contributing to a knowledge-based economy and encourages participation on social media platforms.
“We’ve seen really good outcomes in terms of specific technologies, such as in energy or artificial intelligence in the last two cohorts,” Hattan Ahmed, entrepreneurship collaboration manager in Innovation and Economic Development at KAUST, told Arab News last October.
“They are resolving some key challenges, not just for Saudi Arabia but the world.” Another startup developed laser lights to help crops grow indoors, he added.
The Kingdom has been investing heavily in startups to achieve its Vision 2030 reform plan objective of moving away from dependency on oil.
Young entrepreneurs are expected to play a key role as the Saudi Arabian General Investment Authority tries to boost foreign direct investment.


Saudi aid efforts continue in Syria, Yemen, Lebanon

Updated 23 December 2024
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Saudi aid efforts continue in Syria, Yemen, Lebanon

RIYADH: Saudi aid agency KSrelief’s humanitarian initiatives are benefiting thousands across Syria, Yemen and Lebanon.

In northern Syria, KSrelief delivered food baskets and hygiene kits to 551 earthquake-affected families in Aleppo, benefiting 3,306 individuals in one day.

In Yemen, 641 food baskets were distributed to vulnerable families in Aden and Lahij, assisting 4,487 individuals in one day.

KSrelief also concluded a week-long urology surgery project in Aden, involving nine specialists who examined 53 cases and performed 109 surgeries.

In Taiz, KSrelief’s rehabilitation center provided 1,537 services to 416 beneficiaries in one month, including prosthetic limb fittings, maintenance, physical therapy, and consultations.

In Lebanon, the KSrelief-funded Subul Al-Salam ambulance service conducted 51 missions in Miniyeh in one week, offering emergency aid to Syrian and Palestinian refugees and host communities.

Additionally, KSrelief distributed 175,000 bread bags to 12,500 families in one week through the Al-Amal Charity Bakery project in Akkar and Miniyeh.


New boot camps focus on data center training

Updated 23 December 2024
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New boot camps focus on data center training

  • The program aims to produce skilled national talent for managing advanced data centers

Riyadh: Tuwaiq Academy has partnered with the Uptime Institute to offer six-month professional boot camps at its headquarters in Riyadh.

The program aims to produce skilled national talent for managing advanced data centers across various sectors, according to the Saudi Press Agency report.

The initiative addresses labor market needs in data-related fields, including data center management, analysis, and project design, by offering intensive boot camps with globally recognized certifications.

Training follows a hands-on, application-based approach in specialized data center management labs, equipping participants with essential skills to develop innovative solutions for diverse sectors.

Registration is open at tuwaiq.edu.sa.

Founded in 2019, Tuwaiq Academy trains over 1,000 in-person participants daily and provides professional certifications in collaboration with global leaders like Apple, Meta, Amazon, Alibaba, Dell, IBM, and Microsoft.

As the training arm of the Saudi Federation for Cybersecurity, Programming and Drones, the academy has trained over 32,000 people, with 80 percent of graduates securing placements through its Tuwaiq Job Fair, in collaboration with government and private sectors.


Saudi royal reserve launches 45-day Naylat Camp in Hail

Updated 23 December 2024
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Saudi royal reserve launches 45-day Naylat Camp in Hail

RIYADH: The King Salman bin Abdulaziz Royal Reserve Development Authority has launched Naylat Camp, a 45-day event in the Hail region, the Saudi Press Agency reported on Monday.

Located in the breathtaking Naylat area, renowned for its soaring mountains, golden sands, clear skies and tranquility, the camp offers a mix of adventure and relaxation.

Visitors can enjoy camel and horse riding, challenging hiking trails, stargazing, and exploring archaeological and historical sites within the reserve.

The camp features facilities designed to enhance the visitor experience while promoting sustainable ecotourism, according to SPA.

The initiative aims to promote sustainable tourism by showcasing the region’s natural beauty, raising environmental awareness about preserving biodiversity, and supporting the local community through seasonal job opportunities and regional development.

The King Salman reserve covers an area of 130,700 sq. km, spanning four administrative regions: Al-Jawf, Hail, Northern Borders and Tabuk. It features diverse natural habitats, terrains and distinctive geographic formations.


Saudi Arabia embassy resumes diplomatic activities in Afghanistan

Updated 23 December 2024
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Saudi Arabia embassy resumes diplomatic activities in Afghanistan

  • Afghan foreign ministry welcomes Kingdom’s decision to resume diplomatic operations in Kabul
  • Saudi Arabia to 'provide all services to the brotherly Afghan people'

RIYADH: The Saudi embassy in the Afghan capital, Kabul, resumed its diplomatic activities on Sunday.

The Afghan foreign ministry on Monday welcomed Saudi Arabia’s decision to resume its diplomatic operations in Kabul, more than three years after Riyadh withdrew its staff during the Taliban takeover of Afghanistan.

“We are optimistic about the possibility of strengthening relations and cooperation between Saudi Arabia and Afghanistan through the resumption of these activities,” said Afghan foreign ministry spokesman Zia Ahmad in a statement.

“We will also be able to respond to the problems of Afghans residing in Saudi Arabia.”

Riyadh had posted its decision to resume diplomatic operations in Kabul on social media platform X on Sunday.

“Based on the desire of the government of the Kingdom of Saudi Arabia to provide all services to the brotherly Afghan people, it has been decided to resume the activities of the mission of the Kingdom in Kabul starting on December 22,” it said.

Ties between Saudi Arabia and Afghanistan date back to 1932 when the Kingdom became the first Islamic country to provide aid to the Afghan people during their ordeals.

In recent years, Saudi Arabia launched numerous projects in Afghanistan through its humanitarian arm King Salman Relief Center, focusing on aid relief, health, education services, water and food security.

Riyadh also participated in all international donor conferences and called for establishing security and stability in Afghanistan following years of armed conflicts.

Saudi Arabia withdrew its diplomats from Kabul in August 2021 when the Taliban returned to power in Afghanistan following the US withdrawal from the country.

However, it said it was resuming consular services in the country in November 2021 and continues to provide aid through KSrelief.


Saudi delegation led by Royal Court advisor meets with Syria’s Al-Sharaa

Updated 23 December 2024
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Saudi delegation led by Royal Court advisor meets with Syria’s Al-Sharaa

  • Earlier this week, Al-Sharaa praised progress made by Saudi Arabia

RIYADH: A Saudi delegation headed by an advisor from the Royal Court met with the head of the new Syrian administration, Ahmed Al-Sharaa, at the People’s Palace in Syria on Sunday, according to an Al Arabiya report.

Earlier this week, Al-Sharaa praised progress made by Saudi Arabia and neighboring Gulf countries in an interview with Asharq Al-Awsat.

“We admire the development in Gulf countries, particularly Saudi Arabia’s bold plans and vision, and we aspire to achieve similar progress for Syria,” he told the newspaper’s Bissane El-Cheikh during an interview the the Presidential Palace in Damascus.

“There are many opportunities for cooperation, especially in economic and developmental areas, where we can align our goals,” he added.