NCLE Approves SR 41 Million School Complex Project
NCLE 4291.SA | 0.00 |
National Company for Learning and Education announced on June 10, 2026 the Board of Directors' approval for establishing a Tarbyh Namouthajiyah schools complex in Khuzam Suburb district, Riyadh, with capacity for 2,200 male and female students. The project has an estimated total cost of SR 41 million and will be funded through the company's internal resources and bank facilities. Construction is expected to begin during the first quarter of fiscal year 2026/2027 and complete by the fourth quarter, with operations commencing at the start of academic year 2027/2028. This investment aligns with the company's strategy to expand its student base and achieve growth in line with strategic objectives.
Original announcement:
https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=95992&anCat=1&cs=4291&locale=arImportant 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.
