Panda Retail Company has launched a major scholarship campaign in cooperation with Ismail Ali Abudawood Trading Company (IATCO) and Procter and Gamble (P&G) offering a total of SR800,000 to the winners of the campaign.

A sum of SR20,000 will be given as tuition fees to 40 winners selected on the basis of an online draw conducted on Panda website.

The campaign, which runs until Oct. 10, comes in line with Panda’s constant efforts to empower members of the public and help them pursue their education.

Twenty winners have so far been given a total of SR400,000 since the campaign began on Sept. 8. The third and fourth draws will be conducted on Oct. 3 and 10.

“The campaign reflects our cooperation with partners and the coordination of efforts to enhance the values of social development,” commented Ahmed Omar Munshi, chief marketing officer, Panda Retail Company.

“We are proud to partner with IATCO and P&G to offer our customers an opportunity to benefit from this scholarship campaign that is aimed at making education more widely accessible and affordable. This campaign reflects our CSR, and our commitment to give back to the community through a variety of innovative initiatives that benefit every segment of the society.”

Panda will continue to launch initiatives and social programs, emphasizing its pioneering role focused on empowering the largest number of young men and women, and enhancing their capabilities to enable them to play a pivotal role in achieving the objectives of Vision 2030, he explained.

Panda forms the retail division of the Savola group of companies. It is one of the largest retailers in the Middle East, catering to more than 400 million visitors every year across its different outlets — Panda, HyperPanda and Pandati — which offer a diverse range of “high quality products at competitive prices.”