RIYADH — The Future Investment Initiative (FII) Institute signed on Thursday a memorandum of understanding with King Abdullah University of Science and Technology (KAUST) to cooperate in carrying out research projects, holding events, and making scientific knowledge available to mankind, as part of the activities of the FII 4th session. The MoU was signed by FII Institute CEO Richard Attias and KAUST president Dr. Tony F. Chan. FII Institute CEO Richard Attias explained that the memorandum reflects the keenness of both sides to advance scientific research and provide means of knowledge for everyone who needs it most. For his part, KAUST President said: "The memorandum affirms the university’s commitment to adopting applied technological advances that would contribute to the development and well-being of the world"s people." — SG