Riyadh Valley Company signed on Wednesday, October 13, 2021 a memorandum of understanding with the college of Engineering at King Saud University with the aim of supporting the outcomes of graduation projects and to enhance cooperation between the two parties, at the headquarters of the college where Riyadh Valley company represented the CEO Dr. Khalid bin Saad Al Saleh, and Prof. Musaed Bin Nasser Al Awad represented college of engineering.
The engineering college at King Saud University is the first in the Kingdom and the Arabian Gulf, making it a major contributor to Saudi Arabia’s entry into the renaissance of engineering and the qualification of active Saudi engineers.
Prof. Musaed Bin Nasser Al Awad, Dean of engineering college, explained: “The college always seeks to recruit its outputs by attracting outstanding students and investing in the selection of teaching assistants and their scholarships to the best international universities, providing the necessary infrastructure, diversifying and attracting educational, research and technical expertise, and involving the beneficiaries of the college’s outputs and other neutral entities (academic accreditation) in evaluating its programs and outputs, culminating in the pursuit of effective and distinctive partnerships to support and honor graduation projects for college students to create more excellence and spirit. Competition).
Furthermore, the CEO Dr. Khalid Al Saleh explained: “The signing of the memorandum of understanding with the college of Engineering comes within the framework of achieving some of Riyadh Valley objectives of providing financial support to a number of graduation projects nominated by the college and actively contributing to the development of the knowledge economy, through the partnership between educational and research institutions and the business community and investment on a commercial basis by investing in joint ventures that refine the expertise and practical application of university students and professors).
Riyadh Valley Company is the investment arm of King Saud University in the fields of knowledge economy and university projects, and a strategic investor locally and internationally in companies in the early stages and stages of growth to serve the economy in line with the Kingdom’s vision 2030.