Future Vision for Health Training Company announces that it has signed a contract with Prince Muqrin bin Abdulaziz University

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ItemDetails
Award Announcement Date27 Muharram 1448 AH, corresponding to July 12, 2026
Contract SubjectCooperation in the development and operation of professional programs, professional certifications, professional diploma programs, fellowship programs, and the provision of training and educational services.
Contracting PartyPrince Muqrin bin Abdulaziz University
Contract Signing Date27 Muharram 1448 AH, corresponding to July 12, 2026
Contract ValueThe contract value exceeds 90% of the Company's total revenue, based on the audited financial statements for the fiscal year 2025, inclusive of Value Added Tax (VAT).
Contract DetailsThe contract includes the development and operation of professional diploma programs, training programs, professional certifications, and fellowship programs; the development and operation of an e-learning platform compliant with applicable regulatory requirements; and the management, implementation, and marketing of training programs and events. The agreement is intended to strengthen cooperation between the two parties in delivering training, educational, and professional services in accordance with applicable laws and regulations.
Contract TermTwo years from the date of signing the contract.
Expected Financial Impact and TimingThe financial impact of the contract is expected to be reflected starting from the fourth quarter of 2026.
Related PartiesThere are no related parties involved in this agreement.


 

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