EER Middle East
King Abdullah Economic City in Saudi ArabiaEER Middle East logo

Saudi Arabia to set up college to encourage entrepreneurs

July 1, 2016

Home | Insights | General | Saudi Arabia to set up college to encourage entrepreneurs

Plans have been revealed to set up the Prince Mohammad bin Salman College of Business and Entrepreneurship in Saudi Arabia’s King Abdullah Economic City (KAEC).

The college is part of the Gulf kingdom’s 2030 Vision, which aims to bridge the gap between the outcomes of higher education and the requirements of the job market, while unleashing the creativity of the young so they can develop their own ideas and ventures.

Saudi Arabia has signed a cooperation deal with Babson College and Lockheed Martin to start the college, a statement said.

The college deal was signed in Washington, DC by Badr Al-Asaker, secretary general of the Mohammad bin Salman Foundation (MISK), Fahd Al-Rasheed, Group CEO and managing director of KAEC and vice president of the Board of Trustees of the College, and Dr Kerry Healey, president of Babson College.

Source

Need guidance on UAE corporate structure?

Our advisors are available to discuss your specific requirements across mainland and free zone jurisdictions.

Contact Us

Your privacy choices

We use cookies to understand how our site is used and to measure our advertising. You can change your choice at any time in Cookie settings.

Privacy and Cookie Policy

Manage cookie preferences

Choose which cookies and similar technologies we can use. Necessary ones are always on because the website needs them to work. Your choice is saved on this device for 6 months, and you can change it at any time.

Some of the providers below may process data outside the UAE and Saudi Arabia. See our Privacy and Cookie Policy for details.

Privacy and Cookie Policy