RIYADH, SAUDI ARABIA – The Kingdom’s Ministry of Economy and Planning signed a deal with Alfaisal University to promote economic development and implement awareness programs, in line with Saudi Vision 2030 goals.
Under the MoU, the two parties will cooperate to promote economic development, activate academic research, implement awareness programs and initiatives to serve the community, as well as cooperate on various activities and events.
The MoU stipulates that the two sides cooperate to maximize the university’s economic return, form a joint network of experts to provide feedback on various topics.
This also includes exchanging experiences in preparing and writing academic research and public policies in the field of economics.
The ministry will provide consultations on the use of university resources such as student research, faculty members and research laboratories on economic priority topics that support Saudi Vision 2030.
It will offer facilities and cooperation in designing and formulating research project launch plans, and supervise a team of researchers from both sides, which will be assigned to prepare public policy studies and academic research for the ministry.
The deal was signed by Rakan bin Abdullah Al Alsheikh, Deputy Minister for Policies and Economic Planning at the Ministry of Economy and Planning, and princess Dr. Maha bint Meshari Al Saud, Alfaisal University Vice President of External Relations and Advancement.
The signing of the agreement took place at the university’s headquarters in Riyadh.