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 Alkhaleej Training and Education Company announces the signing of an agreement with Gordon Ramsay Holdings International Limited to establish and operate Gordon Ramsay Academy for culinary arts in Saudi Arabia.
Date of Announcement of the Award 2025-08-12 Corresponding to 1447-02-18
Contract Subject Matter An exclusive partnership between the two parties to establish a branch of the Gordon Ramsay Academy for culinary arts in Saudi Arabia
The Entity with Which the Contract was Signed Gordon Ramsay Holdings International Limited Culinary
Date of Signing the Contract 2025-08-12 Corresponding to 1447-02-18
Contract Value 2,812,500 Saudi Riyals
Contract Details The contract grants Alkhaleej Training and Education Company exclusive rights to establish and operate branches of the Gordon Ramsay Academy for culinary arts in three cities in Saudi Arabia (Riyadh, Jeddah, Khobar) under the Gordon Ramsay Academy brand. The Licensor will provide operational, culinary, and marketing support as specified in the agreement, including trademark rights, operational standards, training, and compliance.
Contract Duration 10 years, renewable
Financial Impact and the Relevant Period It is expected that this agreement will have a positive impact on the company’s financial results starting from the opening of the first academy, planned for December 31, 2025, and the financial impact will continue throughout the contract duration.
Related Parties There are no related parties.

 

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