Riyadh: The King Abdullah Humanitarian Foundation (KAHF) and the University of New Haven have entered into a memorandum of understanding (MoU) to establish one of Saudi Arabia's initial specialized academic tracks in nonprofit leadership. The agreement was formalized at the KAHF headquarters in Riyadh.

According to Saudi Press Agency, this partnership will include scholarships for exceptional Saudi students, aimed at nurturing national talent to bolster the nonprofit sector and further the goals of Saudi Vision 2030. The two entities will jointly develop a specialized bachelor's track in nonprofit leadership and humanitarian work, anticipated to be part of the Bachelor of Science in Business Administration program at the University of New Haven - Riyadh.

The MoU also outlines the provision of scholarships for outstanding Saudi students. These scholarships will be funded by KAHF in collaboration with the King Abdulaziz and His Companions Foundation for Giftedness and Creativity (Mawhiba).