Sponsored by the Prince of Medina, Riyad Bank Establishes Academic laboratory, in partnership with Madak Education
Back to Press Releases
01-Mar-2021
As part of its strategy for social responsibility "Bukra", Riyad Bank signed a partnership agreement with Madak Education, which aims to establish an academic laboratory that includes a science studio, a robotics laboratory as well as a specialized studio, which will be equipped with the latest and most advanced technical equipment, to provide quality education to more than 1000 students annually. In an environment that will be specifically designed to be attractive to distinguished and creative people, and with an innovative model that qualifies teachers and builds male and female students to be leaders who contribute effectively to the development of society.
<p>As part of its strategy for social responsibility "Bukra", Riyad Bank signed a partnership agreement with Madak Education, which aims to establish an academic laboratory that includes a science studio, a robotics laboratory as well as a specialized studio, which will be equipped with the latest and most advanced technical equipment, to provide quality education to more than 1000 students annually. In an environment that will be specifically designed to be attractive to distinguished and creative people, and with an innovative model that qualifies teachers and builds male and female students to be leaders who contribute effectively to the development of society.</p><p>The agreement was signed on Monday, March 1, 2021, by His Royal Highness Prince Faisal bin Salman bin Abdulaziz, Governor of Madinah Region, Chairman of the Board of Trustees of the Madak Academy, and the Chairman of the Board of Directors of Riyadh Bank, Engineer Abdullah bin Muhammad Al-Issa, in the presence of a number of officials from both sides.</p><p>Engineer Abdullah bin Muhammad Al-Issa expressed Riyad Bank's pride in this partnership, stressing Riyad Bank's keenness to contribute to investing in the Saudi Nationals as they are the hub for the creation of comprehensive sustainable development, in line with the Saudi Vision 2030, indicating that the establishment and development of the Riyad Bank Academic Laboratory in partnership with MDAC comes within the framework of harmony. Its goals and aspirations are in line with Riyad Bank's strategy for social responsibility "Bukra", which aims to enhance the sustainability of projects and initiatives that contribute to the development of society.</p><p>Al-Issa praised the high level and the pioneering idea on which the Madak Academy is based under the direct leadership and direction of His Royal Highness Prince Faisal bin Salman bin Abdulaziz, and a group of national educational leaders.</p><p>It should be noted that Riyad Bank issued a sustainability report 2020 that included its most prominent achievements in the field of social responsibility, Projects that were implemented according to the best local and international standards, based on a comprehensive strategy that was prepared and developed in line with the goals of Saudi Vision 2030 and the United Nations goals for sustainable development, which confirms the keenness of Riyad Bank is commitment to actively contribute to the development of society by providing the best programs, interpreting its mission and vision aimed at creating effective initiatives within the scope of sustainable development in a manner that creates a better future for the people of the country and adds value to the bank’s employees, customers and the Saudi society.</p>