Siemens announced the collaboration agreement with the new King Abdullah University of Science and Technology (KAUST) in Saudi Arabia. The German company is a founding member of the KAUST Industrial Collaboration Program (KICP) which aims to intensify cooperation with industry on a regional and a global scale, focusing on renewable energy, environmental technologies, and material and biosciences.

KAUST will serve as Siemens' important partner in Saudi Arabia where the company has been represented for more than 75 years and currently has over 1,800 employees.

Commenting on the agreement, Siemens' CTO and CEO of the Healthcare Sector, Prof. Hermann Requardt, said: "The KAUST covers precisely the topics that help us in the development of sustainable solutions for our green technologies."