Signing a joint cooperation agreement with Al-Maarefa University

In order to achieve the objectives of the National Transformation Program 2020 and the Kingdom’s Vision 2030, which seek equal access to education and ensure alignment between education outputs and labor market needs, thus contributing to advancing the economy, in addition to raising the contribution of the private and private sectors in university education.

Sulaiman Al-Rajhi Foundation for Development Finance builds bridges of cooperation between private and public universities within the Kingdom of Saudi Arabia to facilitate the integration of students in the educational sector by providing interest-free loans and easy repayment.

The Foundation signed a joint cooperation agreement with the knowledge, which is qualified competencies to participate in building a knowledge society, stimulating creativity, scientific and research excellence and community service.

The agreement was signed in the presence of Dr. Abdulrahman Al-Rajhi and Prof. Dr. Waleed bin Hussein Abu Al-Faraj. The Foundation will provide financing loans for students to Al Yamamah University beneficiaries with flexible repayment without interest. The university should finance the fund’s financing portfolio with a value of 10 million riyals.

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