RIYADH: Saudi Arabian General Investment Authority (SAGIA) has signed a memorandum of understanding (MoU) with Thunderbird School of Global Management in the United States.
The agreement calls for setting up a campus of the American school in the Kingdom; the campus is expected to raise the level of management and business education in the Gulf region.
On behalf of SAGIA, the agreement was signed by SAGIA Gov. Amr Al-Dabbagh in Phoenix, Arizona. “Thunderbird School of Global Management is a perfect match for what we have in mind for the economic cities,” said Al-Dabbagh, after signing the accord.
From the US side, the memorandum was signed by Angel Cabrera, president of the school.
Thunderbird School of Global Management, founded in 1946, has operations or representatives in the United States, Switzerland, the Czech Republic, Russia, Central and South America, Singapore and China.
The school aspires to educate modern leaders and create sustainable prosperity worldwide. Programs at the school are designed to facilitate the development of the global mindset, which is critical to managing different social, economic and political environments.
A SAGIA spokesman said more than 38,000 students have graduated from Thunderbird and that they live and work in more than 140 countries.
While in the US, Al-Dabbagh spoke at a roundtable session hosted by the US Chamber of Commerce in Washington, which was attended by over 250 business leaders. He also addressed a group of students at Georgetown University in Washington, telling them, “We view our economic cities as potential economic drivers for global business.”
