Future Vision, AlMaarefa University ink SAR 200M competency development deal

Future Vision for Health Training Co. signed today, July 28, an exclusive strategic agreement with AlMaarefa University to launch one of Saudi Arabia’s largest digital training projects, worth SAR 200 million, targeting 50,000 beneficiaries.

In a Tadawul filing, the company said the three-year partnership is expected to enhance its financial performance on an accelerated gradual basis.

It anticipates a positive impact on revenue starting Q4 2025 through income diversification and increased operating revenue from professional training programs.

Future Vision said it will duly disclose any future material updates related to the agreement, confirming that there are no related parties to the deal.

The Saudi Exchange (Tadawul) suspended trading of Future Vision’s shares from 10:00 am to 01:00 pm Makkah time today, at the company's request, according to Argaam’s data.

This in adherence to the listing and trading suspension rules, in preparation for the disclosure of a material event.