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KAUST hosts 2015 Arabian Tech Tour

KAUST · Dec 1

KAUST hosted the 2015 Arabian Tech Tour, a regional version of an international event for venture capitalists, entrepreneurs, and industry leaders. The event featured 50 early-stage companies from 15 countries pitching to over 100 representatives from global investment and venture capital firms. Total assets under management of attending investors were estimated at around $10 billion. Why it matters: This event highlights KAUST's role in fostering innovation, attracting knowledge-based industries to Saudi Arabia, and creating high-value jobs in the Kingdom.

Tech Tour seeks most promising tech companies in Saudi Arabia, MENA and Europe.

KAUST · Jun 15

KAUST and the International Venture Club are seeking tech companies in the Middle East and Europe for investment and expansion opportunities in Saudi Arabia. The Arabian Tech Tour, held in Jeddah and Riyadh in November 2015, will showcase 25 emerging companies from the region and 25 growth companies from Europe. Selected companies will present to VCs, corporations, and business angels. Why it matters: This initiative aligns with Saudi Arabia's National Science, Technology and Innovation Plan to create a knowledge-based economy and foster innovation, particularly in cleantech.