International Human Resources Company (“International”) announced the signing of a significant framework agreement with the Financial Academy , one of the leading educational and training institutions in the financial sector in the Kingdom of Saudi Arabia. Under this agreement, announced in an official statement on the Saudi Stock Exchange (Tadawul) website, “International” will provide a package of support services to the Academy for a period of three years.
The total value of the contract is SAR 6.9 million , and its duration is scheduled to begin on March 1st of next year. This partnership comes within a strategic framework that reflects the national direction towards developing human capital and competencies, particularly in vital sectors that form the backbone of the Saudi economy.
The context of the partnership and its importance to Vision 2030
The Financial Academy was established as a key initiative within the Financial Sector Development Program , a cornerstone of the Kingdom's Vision 2030. The Academy aims to bridge the skills gap between the demands of the financial job market and the requirements of rapid economic growth by offering internationally accredited training programs and professional certifications. The International Company, for its part, is a major player in the Kingdom's human resources and recruitment market, providing integrated solutions for companies across various sectors.
This collaboration represents a synergy between Al-Dawliya's expertise in human resources management and logistics, and the pivotal role the Financial Academy plays in building a new generation of qualified financial professionals. The support services provided by Al-Dawliya will enable the Academy to focus on its core educational and training mission, and enhance its operational efficiency.
Expected impact on the local economy and the financial sector
This agreement is expected to have a tangible positive impact on the Saudi financial sector. Domestically, the contract enhances the academy's capacity to accommodate a larger number of trainees and offer more diverse programs, thereby accelerating the development of national talent and supporting localization efforts in specialized financial roles. Furthermore, investing in human capital is a fundamental pillar for strengthening the competitiveness of the Saudi financial market and establishing it as a leading regional financial hub.
Regarding the financial performance of the “International” company, the statement clarified that the financial impact of this agreement is expected to begin to appear in the company’s financial results during the third quarter of 2026, reflecting a long-term vision and a sustainable investment that aligns with the company’s future growth plans.
