With the aim to help ease investments environment in the education sector, the Saudi Business Center has opened a new branch at the Ministry of Education Headquarters in Riyadh. Minister of Education Yousef Al-Benyan and the Minister of Commerce, Chairman of the Board of Directors of the Saudi Business Center Dr. Majid Al-Qasabi, inaugurated on Monday the Center's branch at the ministry.
The Head of the Saudi Authority for Data and Artificial Intelligence (SDAIA) Dr. Abdullah Al-Ghamdi, took part in the inaugural ceremony in the presence of a number of leaders of government agencies and investors in the private education sector.
The inauguration ceremony witnessed the signing of a number of agreements between government agencies to empower the private education sector, and improve the investment requirements in the sector.
The center aims to expand the investment operations of real estate allocated as educational facilities and to offer them to the private sector through the investment gate “FURAS” in Saudi cities.
The minister of education stressed that the business community is an active partner in providing educational services and products.
He pointed out that the opening of the Saudi Business Center branch at the ministry’s headquarters is part of the ministry's efforts to support and develop education and carry out its development plans, along with promoting educational investments and realize the national objectives. The ministry hopes to facilitate the journey of investors in the private education sector through the new branch, in addition to helping to raise the percentage of investment in the education sector by improving the efficiency and quality of government services provided to them. He emphasized that the center integrates with the relevant authorities to provide more than 750 government services that make it easier for investors from inside and outside the Kingdom to start and practice their economic businesses.
The most prominent of these is simplifying the procedures and requirements for licensing educational economic activities in support of the positive role of the private sector in the educational process.
