Ratio Speciality Company for Trading (RATIO) announces signing a Memorandum of Understanding with The Clock Tower Museum is one of the programs of the Royal Commission for Makkah City.
| Element List | Explanation |
|---|---|
| Introduction | As part of its commitment to serving all members of society and enhancing cooperation with various entities across different fields, Ratio Specialized Trading Company announces the signing of a Memorandum of Understanding (MoU) with the Clock Tower Museum (Center for Cosmic Sciences and Crescent Observation), one of the programs of the Royal Commission for Makkah City. This agreement aims to establish mutual understanding and cooperation on matters of common interest between both parties, thereby contributing to strengthening the Kingdom’s position as a leading cultural, intellectual, and entertainment destination. |
| Memorandum Signing Date | 2025-08-05 Corresponding to 1447-02-11 |
| Counterparty | The Clock Tower Museum is one of the programs of the Royal Commission for Makkah City. |
| Memorandum Subject | Signing a Memorandum of Understanding with the Clock Tower Museum – Center for Cosmic Sciences and Crescent Observation, to regulate understanding and cooperation on matters of mutual interest between the two parties. |
| Memorandum Duration | One Gregorian year starting from the date of signing, renewable for a similar term upon mutual agreement of the parties. |
| Related Parties | None |
| Financial Impact | None |
| Additional Information | Ratio Specialized Trading Company signed a Memorandum of Understanding with the Clock Tower Museum - Center for Cosmic Sciences and Crescent Observation to regulate mutual understanding and cooperation on matters of shared interest between the two parties. The agreement contributes to reinforcing the Kingdom’s position as a leading cultural, intellectual, and entertainment destination, while also enhancing the visitor experience at the Clock Tower Museum and strengthening its role as a landmark that enriches the spiritual journey of visitors. The MoU was signed on Tuesday, 11/02/1447, corresponding to 05/08/2025, for a term of one Gregorian year, renewable upon mutual agreement. This initiative aligns with the objectives of Saudi Vision 2030, which aims to establish the Kingdom as a global hub for culture, knowledge, and tourism.
This partnership embodies the strategic direction of Ratio Specialized Trading Company to expand its community presence and enhance its impact by engaging in specialized collaborations with various entities, thereby supporting its brand and enabling active contribution to cultural and intellectual initiatives with national and social significance. |
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