Money and business

“Knowledge City” signs a contract to develop an educational complex with 399.3 million riyals


The Economic Knowledge City signed a contract to develop and rent an educational complex in the Economic Knowledge City with the Riyadh Holding Schools Company, which is affiliated with the non -profit Mohammed bin Salman Foundation "Hold"

The company said in a statement on the circulation of Saudi Arabia: The contract includes: establishing a strategic partnership between the Economic Knowledge City Company and the Riyadh Holding Schools Company (Riyadh Schools Group). The development of the educational complex and its accompanying facilities according to the highest engineering and technical specifications determined by the Riyadh Schools Group, in line with the institutional identity and standards adopted in the school schools. The approved curricula and the latest educational methods, while adhering to the highest quality and excellence standards that Riyadh schools have known for decades. It is intended to be developed in the city of economic knowledge with all that includes according to the foundations, rules and conditions that have been agreed upon between the two parties in the development and leasing contract, with regard to the Economic Knowledge City Company for the real estate and its delivery to the Riyadh Holding Schools Company for the purpose of its use and use as an integrated educational complex. Classes and supportive facilities. It enhances the quality of education and supports the national vision. Providing a leading educational experience focuses on building a conscious, scientifically and valuable generation. This contract has a positive financial impact that is reflected on the company’s revenues and results immediately after the start of the operation. Providing integrated services that enhance its position as a leading and modern destination for development.

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