Investor Relationship

In line with the Kingdom’s Vision 2030 AD, and our project to build a human being, we believe in the importance of preserving the Arab spirit and cultural values that distinguish us as a people, and at the same time we realize that development and progress are necessary to interact with the modern world and the future.

Element List Explanation
Introduction With reference to Al Khaleej Training and Education Company’s announcement published on the Saudi Exchange (Tadawul) website on 18/01/2026 regarding the signing of a non-binding Memorandum of Understanding with GFH Bank to study the merger of the basic education assets and companies owned by Al Khaleej Training and Education Company (comprising 13 schools) with educational assets and companies owned by GFH Bank (comprising 10 schools and one university), through a 100% in-kind share swap transaction.

 

The Company would like to announce that it has agreed with GFH Bank to extend the term of the non-binding Memorandum of Understanding for 180 days from the expiry of the initial term under the same terms and conditions.
Previous Announcement Al-Khaleej Training and Education Company announces the signing of a non-binding memorandum of understanding with GFH Bank for the purpose of merging educational assets and establishing a new entity.
Date of Previous Announcement on Saudi Exchange’s Website 2026-01-18 Corresponding to 1447-07-29
Hyperlink to the Previous Announcement on the Saudi Exchange Website Click Here
Latest Developments Of The Announced Event The non-binding Memorandum of Understanding is extended for 180 days from the expiry date of the initial deadline, from18, June 2026 to 17,December 2026, under the same previous terms and conditions, in order to complete the evaluation and due diligence work and to complete the negotiations, including the structural, financial, tax and legal aspects, by the independent advisors appointed by both parties.
Reasons For The Delay on The Date of The Event Previously Announced Not applicable.
The costs associated with the event, and if they have changed or not with indication of the reasons. Not applicable.
Delay consequences on the Company’s financial results Not applicable.
Additional Information The Company will announce any material developments in this regard in due course and in accordance with the applicable laws and regulations.

 

The Company would like to inform its shareholders that the name of the first party for the Memorandum of Understanding has been changed from “GFH Financial Group” to “GFH Bank”, in accordance with the name change adopted by the first party. This change is limited to the name only and does not result in any amendment to the nature, objectives, terms, obligations, or rights associated with the Memorandum of Understanding

 

The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.