Academy of Learning signs MoU to provide free school seats for social security beneficiaries

Logo of Academy of Learning (AoL) 

Academy of Learning (AoL) signed, on May 1, a memorandum of understanding (MoU) with the Ministry of Human Resources and Social Development (HRSD) and the Learning Association, to provide free school seats for social security beneficiaries.

In a statement to Tadawul, the company pointed out that the three-year MoU aims to qualify and train social security beneficiaries, to develop their life and professional skills, which enhances their opportunities in the labor market.

This MoU stems out of AoL’s belief in its societal role by adopting relevant voluntary initiatives of real value and sustainable impact on society.

The statement highlighted that the relevant financial impact of the memorandum cannot be determined, and updates will be duly revealed.

There are no related parties to the deal, the statement added.