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KAUST and Tabadul sign MoU to transform Saudi logistics using digitization and AI aimed at advancing global trade in the Kingdom
KAUST announced a collaboration with
Tabadul, Saudi Arabia's leading digital logistics services provider, to undertake research and innovation projects, which aim to create solutions to advance global trade in the Kingdom. Both parties signed a Memorandum of Understanding (MoU) during a virtual ceremony with KAUST president Tony Chan and Tabadul CEO Abdulaziz Alshamsi.
Through this collaboration, Tabadul will be able to tap into the KAUST talent pool and their expertise in the area of artificial intelligence (AI), Blockchain and related areas, to enhance efficiency in logistics and mobility. Working together, KAUST and Tabadul plan to launch technology innovation activities, including hackathons and bootcamps, which KAUST has a long track-record of hosting.
KAUST President Tony Chan and Abdulaziz Alshamsi, CEO of Tabadul, sign a Memorandum of Understanding during a virtual signing ceremony to undertake research and innovation projects which aim to create solutions to advance global trade in KSA.
With digitization as a key part of the transformation of international trade, Tabadul aims to provide digital integration to improve efficiency, increase transparency, and enhance the operational performance of global trade for the logistics sector to enable the exchange of information, goods and services across government and private businesses in Saudi Arabia.
The KAUST-Tabadul partnership is expected to roll out a number of spinoff projects that will bring diversity into a series of productive and futuristic solutions. These collaborations will explore big data analytics and AI/Machine Learning (ML) solutions that will enhance Tabadul's innovative platforms. KAUST researchers will also have access to Tabadul's digital expertise through its integrated import and export Fasah Platform.
"Working with a world-class institution such as KAUST is a milestone for Tabadul. The agreement will go a long way in providing the cutting-edge solutions to the research and development of the entire logistics ecosystem," said Feher Alshareif, chief strategy and innovation officer at Tabadul. "Additionally, our mutual efforts will play a major role in realizing Vision 2030 to transform Saudi Arabia into a high-tech logistics hub within the region."
Both organizations are exploring potential areas of collaboration and will be sharing know-how, trends and market data to guide their collaboration in this R&D of mutual benefit. This collaboration will not only create solutions and technology development in the logistics sector but will also attract investments and international companies to help diversify the economy in KSA.