National Company for Learning & Education announced signing a lease agreement for an educational complex building in Al-Qairawan District- Riyadh with Hayat Al-Nasser, Mohammad Al-Qwyfly, and Abdulaziz Al-Ayban to operate it by NCLE. Contract value: An amount of SAR 3.75 million annually, with increases of 10% every 5 years. Contract Duration: The contract duration is twenty (20) Gregorian years starting from 18-08-2024, with the first ten (10) years being binding on both parties, and an additional ten (10) years in which the option of non-renewal is granted only to NCLE.
National Company for Learning and Education
Equities
4291
SA14L09I31H9
Professional & Business Education
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5-day change | 1st Jan Change | ||
151 SAR | +2.44% | -2.33% | +27.75% |
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Quarterly revenue - Rate of surprise
1st Jan change | Capi. | |
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+27.75% | 1.71B | |
-18.67% | 2.87B | |
-34.80% | 2.27B | |
-20.57% | 1.55B | |
+36.47% | 858M | |
+23.08% | 822M | |
-.--% | 813M | |
+14.02% | 811M | |
-1.39% | 795M | |
-7.46% | 660M |
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- National Company for Learning and Education Signs Lease Agreement for an Educational Complex Building in Al-Qairawan District- Riyadh with Hayat Al-Nasser, Mohammad Al-Qwyfly, and Abdulaziz Al-Ayban to Operate It by NCLE