Prince Mohammed Bin Salman Nonprofit City and The Ministry of Culture’s Fashion Commission sign MoU

  • Date: 12-Sep-2022
  • Source: Zawya
  • Sector:Retail
  • Country:Saudi Arabia
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Prince Mohammed Bin Salman Nonprofit City and The Ministry of Culture’s Fashion Commission sign MoU

- The Memorandum of Understanding will nurture young Saudi talent and incubate entrepreneurs in the fashion sector

- Developing the fashion sector aligns with the City’s broader goals to foster innovation and creativity

Riyadh, Saudi Arabia: The Prince Mohammed Bin Salman Nonprofit City and the Saudi Fashion Commission have signed a Memorandum of Understanding (MoU) to empower the Kingdom’s burgeoning fashion sector.

In the presence of His Excellency Hamed bin Mohammed Fayez, Vice Minister of Culture and Vice Chairman of the Board of the Fashion Commission, the agreement was signed at the Ministry of Culture headquarters in Diriyah by David Henry, CEO of the City, and Burak Çakmak, CEO of the Saudi Fashion Commission.

The partnership will enable enhanced cooperation between both entities to develop education and training programs for young Saudi designers, explore opportunities for incubation of entrepreneurs and attract talent and investors to the Kingdom’s fashion industry. The partnership also lays the foundation for cooperation in hosting various fashion-related events and festivals at the City.

The Fashion Commission has also signed a lease at the City Hub to build a world-class product development studio for product sampling and prototyping. The studio will be equipped with state-of-the-art machinery, technology and expertise to enable the