The kingdom will collaborate with Babson College from Massachusettes and the the American defense and advanced tech giant Lockheed Martin to build the unique education facility, aiming to align higher education with needs in the job market.

"We are proud to have launched this leading educational institution which will play a key role in supporting and developing business sectors that encourage initiatives in education and other sectors that help young Saudis," Fahd Al-Rasheed, CEO of King Abdullah Economic City, said, according to Arabian Business .

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