Alkhaleej Training and Education Co (4290)

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News

21 January 10:58 AM GFH, AlKhaleej Training eye business merger to expand educational assets

Mubasher: GFH Financial Group has signed a non-binding memorandum of understanding (MoU) with AlKhaleej Training and Education Company to explore potential collaboration on the merger of their educational assets and companies. The deal includes …

Mergers and Acquisitions

23 September 2025 10:38 AM AlKhaleej Training brings Thai hospitality services to Saudi Arabia

Riyadh - Mubasher: AlKhaleej Training and Education Company signed a $60,000 exclusive license agreement with Bangkok-based Dusit Thani College on 21 September 2025. The agreement aims to deliver Dusit’s global programs across Saudi Arabia, …

Companies Investments

24 August 2025 08:23 AM Alkhaleej Training pens SAR 36m insurance agreement with Tawuniya

Riyadh – Mubasher: Alkhaleej Training and Education Company and Company for Cooperative Insurance (Tawuniya) inked a contract to provide medical insurance services to its employees and their families. The two entities signed the agreement, on 21 …

Companies Investments

26 March 2025 09:55 PM Alkhaleej Training turns profitable at SAR 81m in 2024

Riyadh – Mubasher: Alkhaleej Training and Education Company turned profitable at SAR 81.06 million in 2024, compared to net losses valued at SAR 47.68 million in 2023. The revenues increased by 16.16% year-on-year (YoY) to SAR 1.14 billion at the …

Financial Results

28 August 2024 11:06 AM Alkhaleej Training, Tawuniya pen SAR 29m insurance deal

Riyadh – Mubasher: Alkhaleej Training and Education Company inked a SAR 29.19 million contract with the Company for Cooperative Insurance (Tawuniya) on 27 August 2024. Tawuniya will provide medical insurance services to Alkhaleej Training’s …

Banking and Finance

4 August 2024 03:53 PM Alkhaleej Training’s profits leap 1,592% in H1-24

Riyadh – Mubasher: Alkhaleej Training and Education Company logged net profits standing at SAR 68.31 million in the first half (H1) of 2024, higher by 1,592% than SAR 4.03 million in H1-23. The revenues amounted to SAR 539.45 million as of 30 June …

Financial Results

9 May 2024 06:23 PM Alkhaleej Training delivers strong financial performance in Q1-24; accumulated losses reported

Riyadh – Mubasher: Alkhaleej Training and Education Company posted a 1,647% year-on-year (YoY) leap in net profit to SAR 65.02 million during the first quarter (Q1) of 2024, versus SAR 3.72 million. The listed firm generated revenues amounting to …

Financial Results

31 March 2024 06:32 PM Alkhaleej Training’s acquires 80% of Adhwa’a Al Hidaya Private Schools Company

Riyadh – Mubasher: Alkhaleej Training and Education Company has signed an agreement to acquire 80% of  Adhwa’a Al Hidaya Private Schools Company for Boys and Girls for SAR 480 million. Under the agreement, Alkhaleej Training will acquire 1.60 …

Mergers and Acquisitions

31 March 2024 05:11 PM Alkhaleej Training’s net loss soars 174% YoY in 2023

Riyadh – Mubasher: The net loss of Alkhaleej Training and Education Company jumped 174.42% year-on-year (YoY) to SAR 42.01 million in 2023 from SAR 15.31 million. Revenues grew 12.13% YoY to SAR 983.64 million last year from SAR 877.21 million, …

Financial Results

12 November 2023 02:05 PM Alkhaleej Training’s Q3-23 profits leap 526.5% on quarterly basis

Riyadh – Mubasher: Alkhaleej Training and Education Company turned profitable at SAR 24.99 million in the first nine months (9M) of 2023, compared to net losses of SAR 6.60 million in 9M-22. Revenues increased by 7.60% year-on-year (YoY) to SAR …

Financial Results

2 October 2023 00:48 PM Alkhaleej Training pens SAR 149.5m deal with SEC

Riyadh – Mubasher: Alkhaleej Training and Education Company inked a SAR 149.41 million contract with Saudi Electricity Company (SEC) on 1 October 2023. Under the agreement, Alkhaleej Training will operate call centres for the subscriber services …

Companies Investments

27 August 2023 10:21 AM Alkhaleej Training swings to profits in H1-23; revenues hit SAR 421.5m

Riyadh – Mubasher: Alkhaleej Training and Education Company shifted to net profits after Zakat and tax worth SAR 8.59 million in the first half (H1) of 2023, against losses valued at SAR 19.01 million in H1-22. Revenues amounted to SAR 421.49 …

Financial Results

19 June 2023 04:14 PM Alkhaleej Training turns profitable in Q1-23 interim results

Riyadh – Mubasher:  Alkhaleej Training and Education Company swung to net profits after Zakat and tax worth SAR 1.45 million in the first quarter (Q1) of 2023. The positive results were compared with net losses valued at SAR 12.01 million in …

Financial Results

25 April 2023 04:13 PM Alkhaleej Training shifts to profits in 2022 results

Riyadh – Mubasher: Alkhaleej Training and Education Company turned profitable at SAR 224,214 in 2022, against net losses after Zakat and tax worth SAR 33.34 million in 2021. The Saudi firm generated SAR 880.89 million in revenue as of 31 December …

Financial Results

10 November 2022 03:30 PM Alkhaleej Training achieves higher profits in 9M-22

Riyadh – Mubasher: Alkhaleej Training and Education Company registered net profits after Zakat and tax of SAR 10.25 million during the first nine months (9M) of 2022, up by 2,994% from SAR 331,524 in the same period in 2021. Earnings per share …

Financial Results

25 August 2022 01:46 AM Alkhaleej Training turns profitable in H1-22 interim results

Riyadh – Mubasher: Alkhaleej Training and Education Company moved to net profits after Zakat and tax worth SAR 1.02 million during the first half (H1) of 2022, against net losses of SAR 7.60 million in H1-21. Revenues went up by 10.49% …

Financial Results

5 July 2022 07:00 PM Al Khaleej Training to acquire 60% stake in Al Faisaliah

Riyadh – Mubasher: Al Khaleej Training and Education Company has penned a sale and purchase agreement worth SAR 60 million with Al Faisaliah National Schools Company to acquire a 60% stake in the latter. The listed firm will pay SAR 30 million of …

Corporate Actions

24 May 2022 06:16 PM Alkhaleej Training sees 33% lower losses in Q1-22 initial financials

Riyadh – Mubasher: Alkhaleej Training and Education Company has registered net losses after Zakat and tax worth SAR 5.09 million during the first quarter (Q1) of 2022, down 33.01% from SAR 7.60 million in Q1-21. The company generated SAR 231.23 …

Financial Results

9 May 2022 05:16 PM Alkhaleej Training names new Chairman, Vice Chairman

Riyadh – Mubasher: Alkhaleej Training and Education Company has named Abdul Aziz bin Rashid Abdul Rahman Al Rashed as the new Chairman of the board. The Saudi listed company also appointed Ahmed bin Ali Ahmed Al Shadawi as the Vice Chairman, …

Corporate Actions

8 May 2022 01:41 PM Alkhaleej Training’s Chairman dies

Riyadh – Mubasher: Alkhaleej Training and Education Company has announced the death of its Chairman, Abdul Aziz bin Hammad Nasser Al Blaihed. Al Blaihed, who was a non-executive board member, passed away on 28 April, according to a bourse …

Corporate Actions

7 April 2022 06:50 PM Al Khaleej Training extends deal with Al Faisaliah for possible acquisition

Riyadh – Mubasher: Al Khaleej Training and Education Company has renewed its non-binding memorandum of understanding (MoU) with Al Faisaliah National Schools Company to acquire a 60% stake in the latter. The two parties extended the contract, …

Mergers and Acquisitions

19 January 2022 00:52 PM Alkhaleej Training wins SAR 42m contract to execute call centre

Riyadh – Mubasher: Alkhaleej Training and Education Company has been awarded a SAR 42.26 million contract to implement and operate a call centre for the Saudi Zakat, Tax and Customs Authority. Alkhaleej Training signed the contract with the …

Companies Investments

4 November 2021 02:51 PM Alkhaleej Training's EGM approves capital raise by SAR 200m

Riyadh – Mubasher: The extraordinary general meeting (EGM) of Alkhaleej Training and Education Company has approved a capital increase by SAR 200 million. By offering 20 million rights shares, the company seeks to raise the capital to acquire …

General Assembly

3 November 2021 04:18 PM Alkhaleej Training registers 21.5% higher net profits in Q3

Riyadh – Mubasher: Alkhaleej Training and Education Company announced a year-on-year (YoY) rise of 21.47% in net profits after Zakat and tax to SAR 7.93 million during the third quarter (Q3) of 2021 from SAR 6.53 million. The company attributed …

Financial Results

26 September 2021 05:59 PM Al Khaleej Training extends deal with Al Enjaz

Riyadh – Mubasher: Al Khaleej Training and Education Company has renewed its non-binding memorandum of understanding (MoU) with the owner of Al Enjaz National Schools Company Limited. The contract will be extended for 90 days starting from 27 …

Companies Investments