Saudi cities partner with Moscow Innovation for industrial growth

The Saudi Industrial Cities and Technology Zones Authority (MODON) signed a cooperation agreement with the Moscow Innovation Cluster to promote industrial and technological innovation and support startup companies in Saudi Arabia. The agreement aims to launch incubators and accelerators in the fields of artificial intelligence, robotics, and energy, with the goal of accelerating the growth of startups and developing innovative solutions. It supports Saudi Arabia’s Vision 2030 and the advancement of a knowledge-based economy. The agreement was signed under the patronage of the Minister of Energy and is expected to contribute to developing national competencies and attracting technological and industrial investments.

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