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HTU and KBW Investments Group Sign Strategic MoU to Establish AI, Data Science, and IoT Research Center

17/11/2022
HTU and KBW Investments Group Sign Strategic MoU to Establish AI, Data Science, and IoT Research Center

In a step that reflects a shared vision for advancing innovation and technology in Jordan, Al Hussein Technical University (HTU) and KBW Investments Group signed a Memorandum of Understanding (MoU) to establish a comprehensive and strategic partnership focused on promoting applied research, education, and industrial collaboration.

Under this agreement, the two parties will collaborate to establish the Artificial Intelligence, Data Science, and Internet of Things Research Center at HTU, fully equipped by KBW Investments. The center will serve as a hub for research, experimentation, and skill development in key technological domains, supporting both academic excellence and industrial innovation.

The partnership also includes sponsoring specialized training programs, bootcamps, and hackathons to build students’ and trainees’ capabilities in AI, big data, and IoT. In addition, the company will support the formation of a dedicated research team from HTU’s faculty and students to work on projects aligned with Jordan’s National Artificial Intelligence Strategy and the 2023 Implementation Plan, contributing to solving pressing national challenges.

As part of this collaboration, annual internship and employment opportunities will be made available for HTU students through KBW Investments, providing them with hands-on experience and preparing them to enter the labor market with strong technical and professional skills.

The agreement was signed by Prof. Ismael Al-Hinti, President of Al Hussein Technical University, and Mr. Mohammad Khirfan, representing KBW Investments Group.

During the signing ceremony, Prof. Al-Hinti emphasized the importance of this partnership in developing HTU’s technological capabilities and empowering the next generation of innovators. He noted that the agreement “marks the beginning of broader collaborative projects that will benefit both institutions and serve the nation, as education remains a cornerstone for advancing social and economic growth.”

For his part, Mr. Khirfan highlighted KBW Investments’ commitment to investing in young talent, stating, “Our focus is on developing a generation that is deeply aware of artificial intelligence, big data, and IoT. The real investment lies in youth — the driving force behind the technological transformations that will shape the future.”

He added that this partnership will open new avenues for researchers and learners, furthering investment in technological sectors that ultimately benefit Jordan and its people.

It is worth noting that Al Hussein Technical University, an initiative of the Crown Prince Foundation, is a national, non-profit private university offering a modern applied education model that enhances essential and technical skills in engineering and technology. HTU strives to bridge the gap between theoretical knowledge and practical application, align higher education outcomes with evolving market needs, and foster creativity, innovation, and entrepreneurship among its students.

Meanwhile, KBW Investments Group, headquartered in Dubai, UAE, operates across multiple sectors including construction, engineering, manufacturing, project management, automation, and technology. The group also invests in early-stage technology ventures, guided by its Founder and Chairman, His Royal Highness Prince Khaled bin Alwaleed bin Talal, whose vision centers on leveraging technology as a transformative force for positive social impact and sustainable development.

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