TBC, the government corporation wholly-owned by the Public Investment Fund and the implementing arm of the Ministry of Education projects in Riyadh, has signed a memorandum of understanding (MoU) with Imam AbdulRahman Bin Faisal University.

Upon signing the MoU, IAU has been represented by the University's Vice President Dr. Saleh Bin Ali Al-Rashid while TBC has been represented by Eng.Abdel Rahman Maghrabi Vice CEO of the Department of Allocation & Vision Program Support.

On his part, the University's Vice President Dr. Saleh Bin Ali Al-Rashid has explained that the MoU aims to agree on a framework for laying down the essential principles to achieve a bilateral prospective cooperation in fields of university education & scientific research and community service in order to establish the quality of education and to enhance the efficiency of education environment so that we could make use of the outcomes of education and scientific research in achieving the Kingdom's Vision of 2030 targeting the university education and scientific research sectors as well as in community service.

Dr. Al-Rashid added that both sides' main task is, according to the MoU, to participate in community service in consistency with the aspiring vision of 2030, exchange the relevant information, provide the mutual consultation, support and assistance and mutually be acquainted with any obstacles to implement the MoU.

"The MoU comes in the context of a series of similar memorandums of understanding which TBC has recently signed with a number of universities all over the Kingdom as instructed by the Ministry of Education", Eng. Abdel Rahman Maghrabi Vice CEO of the Department of Allocation & Vision Program Support said.

Eng./ Maghrabi added that TBC undertakes, as per such memorandums of understanding and then the cooperation agreements concluded with its partners, the establishment of higher education facilities as per standards recognized by the Ministry of Education and as per the internationally-recognized standards concerning standards of the establishment of premises-related facilities to be established by the partners of TBC from such universities concluded cooperation agreements with TBC.