Lana signs MoU with NAE to boost training cooperation

Logo of Lana Medical Co. 

Lana Medical Co. signed a strategic memorandum of understanding (MoU) with the National Academy of Environment (NAE), in partnership with the National Center for Waste Management (MWAN).

The move aims to strengthen cooperation in training, capacity building, research and studies, and the development of specialized environmental programs and initiatives.

In a statement to Tadawul, Lana said the MoU aims to expand cooperation through the exchange of expertise, information, and visits. This is in addition to collaboration on environmental academic and professional programs, the development of specialized professional certifications, and support for the localization of environmental technologies and innovations.

The agreement also covers the design and implementation of employment-linked and on-the-job training programs aimed at qualifying national talent, addressing labor market needs and supporting localization initiatives.

The two parties will establish a joint working team to prepare a detailed implementation plan, identify priority initiatives and programs, and oversee execution to ensure the partnership delivers its intended practical impact.

Lana said the MoU will remain valid for 12 calendar months from the signing date of May 13, 2026, with automatic renewal.

The company added that the agreement carries no financial impact and involves no related parties.