On May 7, 2026, National Company for Learning & Education announced the purchase of an 11,040 square meter plot of land in Al-Yasmin District, Riyadh, for 39.4 million Saudi riyals through an electronic public auction supervised by the Entrustment and Liquidation Center. The transaction, completed on May 6, 2026, will be financed through a combination of the company's internal resources and bank facilities. The land will be used to construct and operate an educational complex as part of NCLE's strategic expansion to grow its student base and generate increased revenue and returns in the coming years.

Original announcement:

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