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Today, the Saudi Stock Exchange Company “Tadawul” signed a memorandum of understanding with the Ministry of Education at the Ministry’s headquarters in Riyadh. The memorandum was signed by His Excellency the Minister of Education, Dr. Ahmed bin Mohammed Al-Issa, And the Chairman of the Board of Directors of Tadawul, Ms. Sarah bint Jamaz Al-Suhaimi, In the presence of the Secretary-General of the Higher Education Fund, Dr. Abdullah bin Abdul Rahman Al-Shuwaier, And the Executive Director of Trading, Engineer Khalid bin Abdullah Al-Hussan, And a number of ministry officials and trading.
The memorandum aims to activate cooperation between the two parties to spread and raise the level of investment culture and investment principles among male and female university students in the Kingdom by providing them with the necessary resources and tools to enable them to invest skillfully and consciously.
In this regard, His Excellency the Minister of Education, Dr. Ahmed Al-Issa, expressed the importance of this partnership and said: “ Aligning educational outcomes with labor market needs is one of the most prominent goals of the Kingdom of Saudi Arabia’s Vision 2030. To achieve this goal, the Ministry of Education is working to develop educational methods to enhance the ability of the education system to meet development requirements and to provide students with the necessary knowledge in cooperation and partnership with various parties.
Today, the Ministry is cooperating with Tadawul within the “Invest Consciously” program, which will contribute, God willing, to developing a new model in the structure of university curricula that works to integrate with the labor market and employ academic skills in a practical framework that contributes to developing students’ ability and raising financial awareness and investment culture.”
His Excellency Dr. Al-Issa added: “I am pleased to thank the Saudi Stock Exchange Company (Tadawul), represented by Ms. Sarah Al-Suhaimi and the employees of Tadawul for adopting this important initiative and their efforts in coordination with the Ministry of Education. We look forward to more cooperation in the future to serve our students.”
For her part, Ms. Sarah Al-Suhaimi said:“Signing this memorandum with the Ministry of Education confirms the importance of contributing to preparing conscious generations and investing in our human competencies in a way that contributes to advancing development and developing society, and contributing to creating new job opportunities by involving male and female students in an integrated educational and interactive system around investment.”
Al-Suhaimi added: “Cooperation with the Ministry of Education will include organizing educational workshops in universities. And launching competitions through the virtual trading system that will be held at the university level.”
The signing of the memorandum of understanding between Tadawul and the Ministry of Education came as a step in support of the “Invest Wisely” program. Which was launched by Tadawul on Shawwal 29, 1438 AH. Which was designed based on three pillars: education, interaction, and application. It contains an educational portal through which the beneficiary can learn about the principles of investment and the basics of trading in the Saudi financial market. The program also provides an opportunity to register for training courses and interact with experienced and interested people. The program also provides a unique opportunity to try out different investment strategies and apply them on a virtual trading platform that simulates the Saudi stock market.
This partnership also comes within the framework of Tadawul and the Ministry of Education’s belief in the importance of investing minds and educating male and female students about the basics of investment to give them the confidence necessary to make investment decisions. It is also in line with the Kingdom’s Vision 2030, which calls for preparing and investing in our human capabilities to contribute to advancing development.
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