Kazakhstan will open an innovative hub in Saudi Arabia

Kazakhstan and Saudi Arabia plan to open a joint innovation hub. The creation of a joint innovation hub in Riyadh will help promote Kazakh IT solutions and startups in global markets, particularly in Arab countries.

The innovation hub will serve to attract talented entrepreneurs and innovative startups from Kazakhstan to Saudi Arabia and support their relocation and business expansion in the region through initial investments from venture funds, incubation and acceleration programs, as well as knowledge and experience sharing.

Source: gov.kz