Future Vision Signs Two-Year Training Deal With Prince Mugrin University
Future Vision for Health Training Co. (9632) announced on July 13, 2026, a two-year contract with Prince Mugrin University to develop and operate professional programs, certifications, diplomas, fellowships, and an e-learning platform. The contract value exceeds 90% of the company's 2025 audited revenues.
Key Numbers
Future Vision for Health Training Co. (Tadawul: 9632) announced on July 13, 2026, the signing of a contract with the University of Prince Mugrin on July 12, 2026. The agreement covers collaboration in the development and operation of professional programs, professional certifications, professional diplomas, fellowship programs, and an e-learning platform, along with the management, implementation, and marketing of training programs and events.
Contract Details
- Value: Exceeds 90% of the company's total revenues based on audited financial statements for fiscal year 2025, inclusive of VAT.
- Duration: Two years from the signing date.
- Financial Impact: Expected to commence from the fourth quarter of 2026.
- Related Parties: No related parties are involved.
Context
This agreement aligns with Future Vision's strategy to expand in the education and professional training sector in Saudi Arabia.
What This Means for Investors
The contract represents a significant revenue boost for Future Vision, with financial impact starting in Q4 2026. However, the absolute value and currency were not disclosed, so investors should monitor future announcements.
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