Investor Relationship

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Element List Explanation
Introduction Alkhaleej Training and Education Company announces the signing of a contract with Mr. Abdul Aziz bin Rashid Abdul Rahman Al-Rashed – Chairman of the Board, for the lease of an educational complex (Ruwad Al-Khaleej School) owned by him in the city of Al-Ahsa.
Date of Announcement of the Award 2026-01-25 Corresponding to 1447-08-06
Contract Subject Matter Lease contract for an educational complex
The Entity with Which the Contract was Signed Mr. Abdul Aziz bin Rashid Abdul Rahman Al-Rashed – in his capacity as the owner of the educational complex (Rowad Al Khaleej School) in Al-Ahsa
Date of Signing the Contract 2026-01-25 Corresponding to 1447-08-06
Contract Value The average annual rental value of the contract is 6,250,000 Saudi Riyals before VAT is applied.
Contract Details AlKhaleej Training and Education Company renting the educational complex owned by Mr. Abdulaziz Al-Rashed (Ruwad Al Khaleej School) in Al-Ahsa city for a period of 20 years. The contract was concluded in accordance with prevailing commercial terms and without any preferential conditions or advantages.
Contract Duration Twenty Gregorian years.
Financial Impact and the Relevant Period This contract is expected to have a positive impact on the financial results for the fiscal year 2026 and beyond.
Related Parties Mr. Abdul Aziz bin Rashid Abdul Rahman Al-Rashed – Chairman of the Board.
Additional Information The educational complex subject to the lease agreement (Rawad Al Khaleej School) was operated by AlKhaleej Training and Education Company until the date of the contract.

 

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