The Riyadh Chamber and Al Yamamah University have signed a memorandum of understanding aimed at strengthening their cooperation in the fields of consultancy and business community services. The agreement supports their shared role in assisting startups and small and medium enterprises, helping them enhance their capabilities in a way that contributes to the national economy and sustainable development.

The MoU was signed on behalf of the Chamber by Dr. Mohammed Al-Mutairi, Deputy Secretary-General, and on behalf of the university by CEO Mr. Abdulrahman Al-Khudair, in the presence of Mr. Turki Al-Ajlan, Board Member. Under the agreement, both parties will work together to provide specialized consulting services delivered by the university’s College of Business as part of its community service efforts, reflecting the university’s commitment to supporting society and contributing to sustainable economic development.

The MoU also includes collaboration on human capital development. Al Yamamah University will offer discounted undergraduate and postgraduate programs for Riyadh Chamber employees and their dependents, in accordance with admission policies and requirements. In addition, the university will provide a scholarship program dedicated to academically outstanding children of the Chamber’s staff.