The Clap
Academy of Learning Company signed a sponsorship contract with the renowned Saudi club Al Hilal, which is 75% owned by the Public Investment Fund (PIF). The sponsorship is for a duration of three seasons, with a value of SAR 12 million.
What
The sponsorship aligns with the expansion strategy of the academy, aiming to enhance its operational activities. In addition to providing more services, it extends its reach widely across the Kingdom.
So What
The academy works on preparing its male and female students for the job market, providing them with practical experiences. This is achieved by offering various accredited diploma programs within Saudi Arabia, in line with “Vision 2030.”
Now What
The company expects the sponsorship contract to “positively” impact its financial results in the future.
Other Claps
For SAR 6 billion.. Mohamed Alabbar, Eagle Hills’ founder and chairman reveals the execution of a project in the Kingdom in partnership with Saudi Arabia’s sovereign wealth fund.
He added, during his participation in the “Real Estate Future Forum” held in Riyadh, that the announcement of the “new project” will be made within a month
- Alabbar explained that the company’s investments with the Public Investment Fund (PIF) focus on the real estate, hotels, and leisure sectors
