King Khalid University Investment Company
In accord with the highly anticipated endowment project, King Khalid University established an investment company that will focus on the private sector. After the recent launch of University investments, which are part of the endowment project, His Excellency the University Rector, Dr. Falah Al-Solamy, announced the start of a private company that will foster partnerships and cultivate businesses in the private sector while overcoming obstacles through nontraditional funding.
According to Rector Al-Solamy, the launch of the endowment project is a step in a new direction that will create the conditions necessary for an increase of resources and potential. After a thorough study of the ground realities, and through numerous workshops, conferences and seminars related to private funding and endowment projects, the University is excited for the new development which is part and parcel to the strategic plan in accord with the requirements of stakeholders and businessmen under the supervision of an inspecting board.
In a continuous effort to ensure the project's success, the Inspecting Board held its first meeting. In the meeting, the bylaws, administrative board, financial regulations, structure, and strategy were all discussed.