Al Mohafaza signs cooperation deal with King Faisal University

Logo of Al Mohafaza Company for Education

Al Mohafaza Company for Education signed a memorandum of cooperation with King Faisal University, represented by the Applied College, to strengthen collaboration in training, qualification and professional development.

In a statement to Tadawul, the company said the agreement aims to support joint efforts in designing and implementing specialized training and professional programs targeting students, graduates, and Saudi talent.

The cooperation will also cover professional diplomas, certifications, vocational and training consultations, as well as expertise sharing, with the aim of improving educational and training outcomes and aligning them with labor market needs.

The memorandum includes cooperation on development initiatives and programs, while leveraging the capabilities and expertise of both parties to support the goals of Saudi Vision 2030 and the Human Capability Development Program.

Al Mohafaza said the agreement forms part of its strategy to build partnerships with universities and educational institutions to expand its specialized education and training offerings and strengthen its role in developing national talents.

The memorandum is valid for one year from the signing date and does not involve any direct financial obligations for either party.

Any material financial impact resulting from future executive agreements or contracts will be disclosed separately, the company added.