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RIYADH: SABIC and Mawhiba have signed a memorandum of understanding for cooperation to support and empower talented Saudi students in the Kingdom.
In its statement released on Thursday, Mawhiba said that in line with the Kingdom’s Vision 2030 to upgrade social capital through investment in education and training, SABIC and the Foundation of King Abdul Aziz and his Companions for Giftedness and Creativity (Mawhiba) on Wednesday inked a cooperation memorandum to empower creative Saudis with the right skills, through a joint program.
The program will provide comprehensive care for talented students, among many projects for national and strategic initiatives in the field of innovation.
Khaled Al-Sabti, Mawhiba secretary-general, signed the memorandum with Yousef Al-Binyan, SABIC vice chairman and executive president.
Speaking on the occasion, Al-Sabti said that such a deal will upgrade the partnership to a strategic level to achieve common goals. It also seeks to face economic cognitive challenges, and raise the quality of national competencies in the fields of science and technology, as well as in international scientific competitions.
He stressed the importance of the deal to realize the goals identified in Vision 2030. It will also support relevant national plans and rehabilitation of human resources and creative excellence. It will ensure strategic functions to support the needs and priorities of the national plans.
According to Al-Binyan, such cooperation is part of SABIC’s social responsibility toward citizens that focuses on the principles of sustainability in several areas, especially the field of education in science and technology. He also underlined the importance of investing in talent and creativity, and its eagerness to reflect this support on the ground.
He said this cooperation reflects part of the leadership’s vision in the field of investment in human resources in the Kingdom, to nurture talent and develop their knowledge and skills, and will embody the company’s comprehensive and strategic corporate social responsibility.