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 Al Khaleej Training and Education Company announces the signing of a contract with the Tawuniya Insurance Company to provide medical insurance services to its employees and their families (related party)
Date of Announcement of the Award 2025-08-21 Corresponding to 1447-02-27
Contract Subject Matter Medical insurance services for the company’s employees and their families
The Entity with Which the Contract was Signed Tawuniya Insurance Company
Date of Signing the Contract 2025-08-21 Corresponding to 1447-02-27
Contract Value 36,232,828.00 SAR

excluding VAT
Contract Details The contract covers medical insurance services for company employees and their families.
Contract Duration A Gregorian year starting from 01-09-2025
Financial Impact and the Relevant Period The financial impact of this document will be reflected in the company’s financial results for the year 2025/2026
Related Parties Related Parties to the Contract:

1.Eng. Mohammed bin Hamad Hassan Al Quraishah – Member of the Board of Directors at Alkhaleej Training and Education Company and currently serving as Senior Executive General Manager for Key Accounts and Corporate Sales at The Tawuniya Insurance Company.

2.Mr. Salman bin Faris Mohammed Al Faris – Chairman of the Board of Advanced Systems and Communication Solutions Company (Smart Link), a subsidiary of Alkhaleej Training and Education Company, and also a Member of the Board of Directors at The Tawuniya Insurance Company.
Additional Information Al Khaleej Training and Education Company confirms that the contract is within the normal course of business and does not provide any preferential benefits or conditions.

 

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