Future Vision signs lease contract for new branch in Tabuk

17/07/2025 Argaam
Logo ofFuture Vision for Health Training Co.

Logo of Future Vision for Health Training Co.


Future Vision for Health Training Co. signed a SAR 19,500 lease agreement with Social Development Bank (SDB) – Jada 30 to rent premises for a new branch in Tabuk.

 

The company said in a Tadawul statement that the one-year contract was signed on July 16.

 

This is the firm’s ninth branch overall and second in the Northern Region. The move supports its strategy to expand geographically and increase access to its education and health services across Saudi Arabia.

 

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The branch will serve as a training center for accredited health programs, supporting the company’s goal to develop a scalable health training model and address nationwide training needs.

 

The branch is expected to begin contributing to operating revenue in Q4 2025, driven by in-person training income and a broader user base in the Northern Region.

 

The company also expects improved operational efficiency, lower travel costs for trainers and trainees, and a stronger position to compete for regional government training contracts.

 

The company noted that the branch currently has no material financial impact, adding that there are no related parties to the deal.

 

Any significant developments will be disclosed in due course, Future Vision added.

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