In the presence of His Excellency Yousef bin Abdullah Al-Bunyan, Minister of Education, and Mr. Abdullah bin Saleh Al-Othaim, Chairman of the Board of Directors of Al-Othaim Investment Company, a memorandum of understanding was signed between the Ministry of Education and Al-Othaim Investment Company to enhance cooperation in supporting educational programs and initiatives launched and supervised by the Ministry, based on Al-Othaim Investment Company’s pioneering role and initiatives in the field of social responsibility and community development. The memorandum was signed on behalf of the Ministry of Education by Eng. Mishari bin Fahd Al-Juwairah, Director General of the General Administration of Social Responsibility and Labor, and on behalf of Al-Othaim by Mr. Ziad Al-Mudarra, CEO of Shared Services.
Mr. Ziad Al-Mudarra said: “Signing the memorandum of understanding comes within the framework of the company’s strategy to support educational initiatives and programs for students and employees of the Ministry of Education, as well as initiatives directed at girls to build capacities in the field of educational and recreational programs.” Adding that the memorandum included studying initiatives between the two parties in spreading the messages of the education and training system to the community through the company's spread across its commercial complexes and entertainment cities, in addition to the possibility of benefiting from the Othaim Training Academy and programs directed to employees of the Ministry of Education and educational associations and civil institutions.
Al-Mudarra explained that signing the memorandum of understanding enhances effective partnerships with various sectors in supporting various community development in the fields of education, health, and the environment, and encouraging promising initiatives and opportunities in line with the goals of the Kingdom's Vision 2030.
It is noteworthy that Al-Othaim Investment, which was included in the list of the top 50 real estate developers in the Gulf for the year 2023, owns (12) commercial complexes in addition to a portfolio of investment projects under implementation distributed across the regions and cities of the Kingdom with investments exceeding 15 billion riyals, and under it are a number of companies that work in the fields of (major commercial complexes, hotels, real estate investment, entertainment, cinema, fashion, restaurants and cafes, artificial intelligence, sports centers, residential units, commercial offices, and others).
