Mawhiba, a Foundation for Giftedness and Creativity owned by The King Abdul Aziz and His Companions, has signed a corporate agreement with Mohammed bin Rashid Al-Maktoum Global Initiatives, a UAE-based charity foundation. According to Arab News, the deal went through Sunday, July 7th.
This agreement aims to implement different programs that will support and develop young Saudi talent. A press release shared by the partnership says that the deal will “create shared success stories to instill hope in the region and achieve integration and coordination between humanitarian, social and developmental initiatives between the two parties.”
Dr. Saud bin Saeed Al-Mathami, the Secretary General of Mawhiba; and Saeed Al-Eter, the Assistant Secretary General of Mohammed bin Rashid Al-Maktoum Global Initiatives signed the agreement on behalf of their respective organizations.
The two foundations are now going to share their experiences and expertise in different fields to discover new talent, and help them nurture their skills to become valuable assets for the Kingdom's economy.
Saudi Arabia is looking forward to diversifying their economy, create a stronghold of non-oil based economic culture and this partnership between the two renowned foundations will tremendously help that cause.