Future Vision for Health Training Company announces that it has signed a contract with Prince Muqrin bin Abdulaziz University
| Item | Details |
|---|---|
| Award Announcement Date | 27 Muharram 1448 AH, corresponding to July 12, 2026 |
| Contract Subject | Cooperation in the development and operation of professional programs, professional certifications, professional diploma programs, fellowship programs, and the provision of training and educational services. |
| Contracting Party | Prince Muqrin bin Abdulaziz University |
| Contract Signing Date | 27 Muharram 1448 AH, corresponding to July 12, 2026 |
| Contract Value | The 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 Details | The 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 Term | Two years from the date of signing the contract. |
| Expected Financial Impact and Timing | The financial impact of the contract is expected to be reflected starting from the fourth quarter of 2026. |
| Related Parties | There are no related parties involved in this agreement. |
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