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MBSC Signs MoU with Al Sulaiman Foundation to Advance Student Empowerment and Experiential Learning in Saudi Arabia

Aya Zhang by Aya Zhang
May 25, 2026
in Education
Dr. Zeger Degraeve, Dean of MBSC, and Saud Ghassan Al-Sulaiman, CEO of Al Sulaiman Group and Vice Chairman of Al Sulaiman Foundation, together with other officials from both institutions, during the signing ceremony of a strategic partnership aimed at strengthening collaboration in education, training, and talent development in Saudi Arabia

• Strategic collaboration to advance experiential learning, talent development, and community impact

Prince Mohammed Bin Salman College of Business and Entrepreneurship (MBSC) has announced a new partnership with Al Sulaiman Foundation to strengthen collaboration in student development, executive education, professional training, and community-focused initiatives that support the next generation of Saudi talent.

Dr. Zeger Degraeve, Dean of MBSC, and Saud Ghassan Al-Sulaiman, CEO of Al Sulaiman Group, during the signing of the agreement at MBSC, marking a collaboration to advance education, knowledge exchange, and social impact in Saudi Arabia

The agreement was signed during an official ceremony held at MBSC by Dr. Zeger Degraeve, Dean of MBSC, and Saud Ghassan Al-Sulaiman, Chief Executive Officer of Al Sulaiman Group and Vice Chairman of the Board of Al Sulaiman Foundation. The signing marks a new step in the shared commitment of both institutions to advancing education, knowledge exchange, and meaningful social impact in the Kingdom.

Through this collaboration, MBSC and Al Sulaiman Foundation will work together to design and implement joint initiatives that enrich students’ academic and professional journeys. The agreement includes cooperation in training and development opportunities, professional events, executive education programs, knowledge-sharing activities, and initiatives that provide students with access to practical learning experiences and industry exposure.

The partnership will also support the development of joint projects and educational experiences under MBSC’s Executive Education programs, while enabling both parties to collaborate on media coverage, documentation, and stakeholder engagement for shared initiatives. The MoU further outlines the establishment of joint working teams to identify and develop future projects aligned with the priorities of both institutions.

Commenting on the agreement, Dr. Zeger Degraeve, Dean of Prince Mohammed Bin Salman College of Business and Entrepreneurship, said: “At MBSC, we believe that meaningful education goes beyond the classroom. It is built through exposure, practice, collaboration, and real-world engagement. Our partnership with Al Sulaiman Foundation reflects our commitment to creating practical learning opportunities that empower our students, strengthen their capabilities, and prepare them to contribute with confidence to the Kingdom’s evolving economy.”

He added: “This collaboration also reflects MBSC’s mission to deliver world-class education from Saudi Arabia, for Saudi Arabia, while supporting the development of future leaders who are equipped with the skills, mindset, and entrepreneurial spirit needed to drive national progress.”

The agreement builds on Al Sulaiman Foundation’s role in launching and supporting sustainable community initiatives across the Kingdom, particularly in areas that contribute to education, social development, and long-term impact. Through the partnership, the Foundation will contribute knowledge, professional expertise, and access to training and development opportunities that support MBSC students and strengthen their connection with the private and non-profit sectors.

As part of the ceremony, MBSC also hosted a recognition segment honoring the winning teams of IMC 2026, in collaboration with MBSC, KAUST, IKEA, and Al Sulaiman Foundation, further highlighting the shared focus on innovation, talent development, and student achievement.

Situated in King Abdullah Economic City, MBSC offers world-class business education designed to develop a new generation of transformative leaders. Through its practical, pragmatic, and hands-on learning model, the College continues to support Saudi Arabia’s human capital development goals and contribute to the growth of a vibrant society and a thriving economy.

Tags: Al Sulaiman Foundationbusiness schoolcommunity initiativesCorporate Social Responsibilityeducational innovationentrepreneurship educationexecutive educationhigher education collaborationhuman capital developmentIKEAIMC 2026industry-academia partnershipKAUSTKing Abdullah Economic CityKnowledge ExchangeLeadership DevelopmentMBSCMoU signingprofessional trainingSaudi Arabia education partnershipSaudi Vision 2030skills developmentstudent developmenttalent developmentworkforce readiness
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