• Hyundai Motor Group announces expansion of vocational training program in partnership with the Mohammed bin Salman Foundation "Misk" to include 10 Saudi students and graduates within the "Misk Skills" track.
• Participants will join an 8-week practical training program at the group's headquarters to participate in projects within key strategic sectors.
• The initiative comes as part of a broader and long-standing collaboration with the Misk Foundation, and underscores the group's commitment to strengthening Korean-Saudi relations.

Dubai, United Arab Emirates – Hyundai Motor Group (the Group) today announced the launch of its expanded joint training program, in collaboration with the Mohammed bin Salman Foundation “Misk”.

Ten talented Saudi students and graduates were selected to participate in an intensive eight-week program at the group's global headquarters in Seoul, which began on July 6. This initiative represents a significant step in the group's commitment to nurturing future talent and deepening its strategic partnership with the Kingdom of Saudi Arabia.

On this occasion, Hokyun Chung, Executive Vice President of Future Strategy at Hyundai Motor Group, said: “The Kingdom of Saudi Arabia is a key strategic market and an important partner in Hyundai Motor Group’s long-term vision. We are delighted to collaborate with the Misk Foundation and welcome talented young Saudis to Hyundai Motor Group through this training program. This experience will equip participants with valuable skills and an opportunity to gain firsthand insight into our business, innovations, and future vision. We are confident that this initiative will contribute to nurturing future talent, further strengthening the partnership between Korea and Saudi Arabia, and fostering deeper cooperation in the coming years.”

Asma Al-Jasser, General Manager of the Misk Skills Pathway at the Mohammed bin Salman Foundation, said: “The success of the first cohort has proven the true value of this partnership and the positive impact it can have on Saudi youth. Expanding our collaboration with Hyundai Motor Group this year reflects our shared commitment to developing future talent through world-class educational experiences that prepare young people for the changing demands of the labor market. At the Misk Skills Pathway, we are proud to continue providing opportunities that enable the next generation to gain practical experience, benefit from global perspectives, and enhance the confidence that qualifies them to lead the future.”

How has the vocational training program evolved?

Following the success of the pilot phase of the program in 2025 with only two trainees, the program was expanded to include various sectors of the Hyundai Motor Group in 2026. This significant expansion comes as a result of strengthening the Group’s firm and extended commitment to the region, and is based on meetings held in October 2025 between Euisun Chung, CEO of the Hyundai Motor Group, and Dr. Bader Hamoud Al-Bader, CEO of the Misk Foundation.

This year’s program was met with overwhelming enthusiasm from Saudi youth, attracting over 2,500 applicants, reflecting the strong appeal of the group’s vision and the significant opportunity the program offers. Ten trainees were selected following a rigorous evaluation process based on their professional competencies, global communication skills, and potential for growth and development.

What benefits will trainees gain during the program?

The intensive eight-week internship program is designed to provide participants with in-depth practical experience within a global original equipment manufacturer (OEM). By training them in key departments and strategic functions within the group, interns will have the opportunity to gain diverse experience in areas related to the group's priorities, including global strategy, design, and business operations.

The program also provides participants with a broader understanding of how a global company operates, including its latest technologies, strategic priorities, and future initiatives, thus supporting their professional development and enhancing their global perspective. Trainees will also participate in applied research projects focused on the Saudi Arabian and Middle Eastern markets, gaining practical experience and building a professional network.

What are the next steps in the partnership between Hyundai Motor Group and the Misk Foundation?

The expanded practical training program is a cornerstone of the growing and multifaceted partnership between Hyundai Motor Group and the Misk Foundation. Building on this partnership, the Group will continue its participation in the Misk Global Forum in November through various initiatives, including the Smart Cities Workshop [1] , which the Group will be organizing for the second consecutive year, in addition to its various sponsorship initiatives.

In the next phase, the group intends to deepen its cooperation with the Misk Foundation, expand joint efforts to promote human exchange between Saudi Arabia and South Korea, and support broader prospects for cooperation between various related industries and sectors.

These initiatives collectively reflect a shared commitment from the Hyundai Motor Group and the Misk Foundation to developing future talent and fostering cooperation between South Korea and Saudi Arabia.

About Hyundai Motor Group

The Hyundai Motor Group has successfully established a value chain based on transportation, steel, construction, logistics, finance, and information technology. The company employs approximately 250,000 people worldwide. Its mobility brands include Hyundai, Kia, and Genesis. The Group is characterized by its innovative thinking, collaborative communication, and determination to overcome challenges, striving to create a better future for all.

For more information about the Hyundai Motor Group, please visit www.hyundaimotorgroup.com or the Newsroom: Media Hub by Hyundai, Kia Global Media Center (kianewscenter.com), Genesis Newsroom

For media inquiries:

Jaya Siansi

Account Manager:

E.gaia.cianci@ogilvy.com

-I finish-

#Company Data

Disclaimer regarding the content of press releases
The content of this press release is provided by a third-party provider. We do not assume any responsibility for, nor do we have any control over, such content. This content is provided on an "as is" and "as available" basis and is not edited in any way. Neither we, nor our affiliates, will be liable for the accuracy, endorsement, or completeness of any opinions, views, information, or materials contained in this content.
This press release is provided for informational purposes only; the content does not constitute legal, investment, or tax advice, nor does it offer any opinion on the suitability, value, or profitability of any particular portfolio or investment strategy. Neither we nor our affiliates will be liable for any errors or inaccuracies in the content, or for any actions you take based on that content. You expressly agree and acknowledge full responsibility for your use of the information contained in this press release.
To the extent permitted by applicable law, Refinitiv, its parent company, subsidiaries, affiliates, relevant shareholders, directors, officers, employees, agents, advertisers, content providers, and licensors (collectively, the 'Refinitiv Parties') shall not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive, or exemplary damages; This includes, but is not limited to, losses of profits, savings, or revenues, whether due to negligence, tort, contract, or other theories of liability, even if the parties to Refinitiv were advised of the possibility of any such damages or losses occurring or actually anticipated them.