Ataa Educational Co. announces signing a Memorandum of Understanding with Buckswood Education Global
| Element List | Explanation |
|---|---|
| Introduction | Ataa Educational Company signs a memorandum of understanding with Buckswood Education Global to launch a Buckswood British School in Riyadh. |
| Memorandum Signing Date | 2024-05-15 Corresponding to 1445-11-07 |
| Counterparty | Buckswood Education Global |
| Memorandum Subject | In line with Vision 2030 and through the program (Attraction of International Schools) within the initiative (Attraction of Regional Headquarters for International Companies), and in keeping with Riyadh's developmental vision to become one of the world’s leading economic cities, Ataa Educational Company has signed a memorandum of understanding with Buckswood Education Global. The memorandum entails investing in the educational field in the Kingdom by establishing a company to manage and operate educational schools and provide the International Baccalaureate program for stages (kindergarten, primary, intermediate, and secondary) for both boys and girls. This is in accordance with the license issued by the Ministry of Investment number (102164511286223) dated 14/05/2024.
The company's schools will use advanced international educational curricula that consider the Arabic language and principles, values , and etiquette compatible with the culture and values of the Kingdom of Saudi Arabia. |
| Memorandum Duration | 90days |
| Related Parties | None |
| Financial Impact | The financial impact will be determined later |
| Additional Information | Any significant developments regarding the memorandum of understanding will be announced. |
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