Riyadh, The Ministry of Communications and Information Technology has signed a memorandum of understanding (MoU) with the Saudi British Joint Business Council (SBJBC) to cooperate in building a joint digital platform “Saudi UK TechHub”, to connect entrepreneurs from both countries with potential supporting companies and institutions in each country.
Under this MoU, signed by Undersecretary of the Ministry of Communications and Information Technology for Technology Ibrahim Al-Nasser and SBJBC CEO Chris Innes-Hopkins, the two sides will cooperate in forming a board of directors comprising workers in the public and private sectors from the Kingdom of Saudi Arabia and the UK, while SBJBC will be responsible for its financial issues and offering support to realize envisioned goals.
The digital platform aims at connecting, enhancing and supporting technological systems in the two countries, where both sides agreed to work jointly through the Saudi UK TechHub to enable transferring knowledge, enhancing investment and building up relations before enhancing the status of the two kingdoms as regional centers for development and innovation.
Source: Saudi Press Agency
