RIYADH, Kingdom of Saudi Arabia, Nov. 14, 2025 /PRNewswire/ -- Under the patronage of His Excellency Mr. Ahmed bin Aqil Al-Khateeb, Minister of Tourism, a landmark Saudi-Swiss partnership was announced at the "TOURISE 2025" Summit in Riyadh to advance innovation, develop national talent, and build human capital in tourism, hospitality, and culinary arts, in line with Saudi Vision 2030.
The partnership brings together Tanmeya Capital, manager of the Tanmeya Hospitality & Tourism Fund (THTF - a SAR600 million investment vehicle, almost 140 million euros, dedicated to developing Saudi talent and infrastructure in the hospitality sector) and Sommet Education, parent company of world-leading institutions Les Roches, École Ducasse, and Glion Institute of Higher Education, under an exclusive 25-year agreement to establish and operate a comprehensive educational and training ecosystem within the Kingdom.
This initiative aims to equip Saudi and international talent with world-class skills, meeting the growing needs of Saudi Arabia's tourism and service industries. It will also create high-quality, sustainable employment opportunities and reinforce the Kingdom's position as a regional hub for hospitality and tourism education.
A memorandum of Understanding was signed during the Summit between Tanmeya Capital and Wadi Jeddah Company, the investment arm of King Abdulaziz University who will explore the establishment of a new Jeddah campus.
Mr. Mohamed Musaiqer , Chairman of Tanmeya Capital, said: "Human-capital development in hospitality and tourism is a key pillar of Vision 2030 and the Human Capability Development Programme. This partnership demonstrates how purposeful national and international collaborations can deliver lasting social and economic impact."
Marie-Claude Mathieu , Sommet Education Board Member and Group General Counsel, added: "Establishing our flagship campuses in Saudi Arabia is a testament to the shared vision we hold with our partners, nurturing talent and shaping the future of hospitality and service excellence."
This collaboration marks a milestone in Saudi Arabia's transformation toward a knowledge- and skills-based economy, integrating public and private sectors with global expertise to develop future-ready leaders for the Kingdom's thriving tourism and hospitality industries.
For more information: www.sommet-education.com | www.tanmeya.com.sa
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Contact: Anouck Weiss, CHIEF COMMUNICATION OFFICER, media@sommet-education.com
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