1 Day
Source:
الاقتصادية
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Saudi education boosts asset investments
The new education system in Saudi Arabia aims to enhance asset investment and expand partnerships in the educational sector by establishing a unified legislative framework that reinforces the principles of governance and encourages participation from the private sector and direct investment funds. The system upholds the principle of mandatory and free education, allowing the introduction of private educational institutions with diverse content and methods, while improving oversight and providing mechanisms for accountability. Additionally, the system facilitates licensing and increases the participation of both local and foreign investors, with the goal of raising the private sector's contribution from 17% to 25% and achieving the Kingdom's Vision goals for developing human capabilities.
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