BRIEF-Saudi's NCLE To Establish Tarbyh Namouthajiyah Schools Complex In Riyadh

NCLE
Tadawul All Shares Index

NCLE

4291.SA

0.00

Tadawul All Shares Index

TASI.SA

0.00

June 10 (Reuters) - NATIONAL COMPANY FOR LEARNING AND EDUCATION 4291.SE:

  • TO ESTABLISH TARBYH NAMOUTHAJIYAH SCHOOLS COMPLEX IN RIYADH

  • TOTAL ESTIMATED COST OF THE PROJECT IS SR 41 MILLION

  • INVESTMENT IS PART OF STRATEGY TO EXPAND AND GROW ITS STUDENT BASE

  • PROJECT START DATE DURING Q1 OF FISCAL YEAR 2026/2027

  • CONSTRUCTION WORK OF PROJECT EXPECTED TO BE COMPLETED DURING Q4 OF FY 2026/2027

  • PROJECT EXPECTED TO HAVE IMPACT ON FINANCIAL RESULTS STARTING FROM Q1 OF FY 2027/2028

  • EDUCATIONAL COMPLEX WILL BEGIN OPERATIONS AT THE START OF ACADEMIC YEAR 2027/2028

Source text: ID:nSSE4tXHbK

Further company coverage: 4291.SE


This page is machine-translated. Sahm tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation. *Disclaimer: The above content only represents the author's personal position and opinion and does not represent any position of Sahm Capital Financial Company and Sahm cannot confirm the authenticity, accuracy, and originality of the above content. Investors should consider the risks of investment products in light of their circumstances before making any investment decisions. When necessary, please consult a professional investment advisor. Sahm does not provide any investment advice, nor does it make any commitments and guarantees.