KACST, `Oxford Innovation` sign accord for Bio-Tech Incubator Operation

Riyadh, July 25, SPA -- King Abdulaziz City for Sciences and
Technology (KACST) signed here today a cooperation agreement with
Oxford Innovation whereby the latter will manage biotechnology
incubator under the supervision of qualified experts to develop a
mechanism for the operational work of the incubator.

Prince Dr. Turki bin Saud bin Mohammed Al Saud, Vice-President of
KACST for research institutes, who signed the agreement with Dr.
David Kengham , manager of limited projects at Oxford Innovation
center said that this agreement comes within the plan of the KASCT to
support joint scientific research in health, medical spheres, noting
that this alliance will contribute to the exchange of expertise
regarding the management of local incubators, assessment and
selection of projects, in addition to providing of a range of basic
services.

--SPA