The Saudi British Bank (SABB), a major bank in Saudi Arabia, in collaboration with the University of Al-Yamamah (YU), has established "SABB Investment Research Centre at YU", an initiative aimed at advancing education in the Kingdom.

The centre has been inaugurated last Tuesday, in a ceremony that took place in the presence of senior officials from both parties, as well as a number of students from the College of Business Administration at "YU".

The SABB Investment Research Centre (SIRC) focuses on helping students and faculty members from YU, especially students and professors in the college of business administration, to conduct research and carry out various projects through direct contact with local and international money markets.

SIRC also allows students to apply the knowledge they acquired in lecture halls to correspond with the real business environment.

The centre has been furnished with state of the art equipment to take full advantage of technology, and achieve the desired goals of training students to compete in the labour and investment markets.

Activities of SABB include providing grants for postgraduate studies to Saudi graduates, as well as training programmes to prepare them for work in the field of banking, in addition to other training programs organised in collaboration with other universities and educational institutions in the Kingdom. – TradeArabia News Service