Al-Muhafaza Education Opens Riyadh Campus for 3,400 Students

ALMOHAFAZA FOR EDUCATION

ALMOHAFAZA FOR EDUCATION

9598.SA

0.00

On August 23, 2026, Al-Muhafaza Education Company announced the commencement of operations at its Knowledge Society Schools Complex in the Al-Munsiyah district of Riyadh. The complex is built on a 12,000 square meter plot and has a capacity of approximately 3,400 students, offering educational services under both the American and national curricula across kindergarten, elementary, middle, and high school levels. This development is part of the company's broader expansion strategy in the education sector, aimed at growing its student base and achieving targeted returns. The financial impact of the complex's opening is expected to be reflected in the first half of the fiscal year ending July 31, 2027.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=97733&anCat=1&cs=9598&locale=ar

Note: The original announcement does not explicitly specify a currency unit. Figures above are reproduced as-is. Please refer to the original announcement for details.

Important Notice: The announcement information and market data in this report are sourced directly from the Saudi Exchange (Tadawul). This summary is generated by Sahm’s proprietary AI model for informational purposes only. While we strive for accuracy, it should not be construed as financial advice or an investment recommendation.