National Company for Learning and Education (4291)

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News

4 December 05:25 PM NCLE reports 17% drop in Q1-25/26 net profits

Riyadh - Mubasher: The National Company for Learning and Education (NCLE) registered 17.12% year-on-year (YoY) lower net profits at SAR 35.53 million in the first quarter (Q1) of fiscal year (FY) 2025/2026, compared to SAR 42.87 million. The …

Financial Results

3 March 2024 02:00 PM NCLE unveils 2 key appointments

Riyadh - Mubasher: The National Company for Learning and Education (NCLE) appointed Khaled bin Mohammed Al Khudair as the Chairman of the board for three years. NCLE also named Ibrahim bin Abdelrahman Al Derei as the Vice Chairman, according to a …

Management Decisions

10 January 2024 05:19 PM NCLE’s net profits soar 20%, revenues up 34% in Q1-23/24

Riyadh - Mubasher: The net profits of the National Company for Learning and Education (NCLE) increased by 20.04% to SAR 31.05 million in the first quarter (Q1) of fiscal year (FY) 2023/2024 from SAR 25.87 million in the same period a year ago. …

Financial Results

29 November 2023 05:32 PM NCLE reports 43% increase in FY22/23 net profit, announces dividends plan

Riyadh - Mubasher: The net profits after Zakat and tax of the National Company for Learning and Education (NCLE) soared by 43.26% year-on-year (YoY) to SAR 101.78 million in the fiscal year (FY) that ended on 31 August 2023, versus SAR 71.04 …

Board of Directors

1 January 2023 03:29 PM NCLE to disburse over SAR 51m as FY21/22 dividends

Riyadh – Mubasher: The shareholders of National Company for Learning and Education (NCLE) have passed the board’s recommendation to distribute cash dividends worth SAR 51.60 million for the fiscal year (FY) that ended on 31 August 2022. The …

General Assembly

1 December 2022 04:05 PM NCLE completes acquisition of Al Salam

Riyadh – Mubasher: The National Company for Learning and Education (NCLE) has fully acquired Al Salam Education and Training Company’s shares for SAR 72 million. The ownership of Al Salam was transferred to NCLE after obtaining the required …

Mergers and Acquisitions

23 November 2022 02:00 PM NCLE awarded SAR 44m project from Tatweer

Riyadh – Mubasher: The National Company for Learning and Education (NCLE) won a project worth SAR 44 million from Tatweer Building Company on 17 November 2022, according to a bourse filing. The lease contract has an annual value of SAR 2.15 …

Macroeconomics

16 October 2022 08:30 PM NCLE pens lease agreements worth SAR 14m/year with National Nova

Riyadh – Mubasher: The National Company for Learning and Education (NCLE) signed two lease contracts at an annual value of SAR 14.10 million with National Nova Company on 13 October 2022.  NCLE inked the first deal for an educational complex …

Companies Investments

9 October 2022 04:26 PM NCLE pens SAR 188m bank facility agreement with SABB

Riyadh – Mubasher: The National Company for Learning and Education (NCLE) has signed a Shariah-compliant bank facility agreement worth SAR 188 million with Saudi British Bank (SABB). The financing holds a tenor of up to 7 years, including a …

Companies Investments

18 July 2022 05:46 PM NCLE to fully acquire Al Salam for SAR 72m

Riyadh – Mubasher: The National Company for Learning and Education (NCLE) will own the entire shares in Al Salam Education and Training Company for SAR 72 million. NCLE will pay SAR 5 million of the total value upon signing the agreement, while …

Companies Investments

10 January 2022 06:01 PM NCLE’s shareholders nod to SAR 34m dividends for FY20/21

Riyadh – Mubasher: The shareholders of National Company for Learning and Education (NCLE) approved the board’s recommendation of distributing cash dividends worth SAR 34.40 million for the fiscal year (FY) ended on 31 August 2021. The company will …

General Assembly

5 December 2021 05:58 PM NCLE pens SAR 18m construction deal for Dhahran project

Riyadh – Mubasher: The National Company for Learning and Education (NCLE) has signed a contract standing at SAR 18.2 million with Suhul Al Baidha Establishment for Construction to complete the construction works of Tilal Al Doha educational …

Companies Investments

29 July 2021 05:54 PM NCLE inks SAR 8m deal with Saudi Yamami

Riyadh – Mubasher: National Company for Learning and Education (NCLE) has signed a contract worth SAR 7.95 million with Saudi Arabia’s Yamami Company to lease an educational property. The asset is located in Al Arid district in Riyadh, according …

Companies Investments

8 July 2021 05:34 PM NCLE records SAR 17.5m profits in nine months

Riyadh – Mubasher: The National Company for Learning and Education (NCLE) posted a decline of 52.9% in net profits after Zakat and tax to SAR 17.49 million during the nine-month period that ended on 31 May 2021, compared to SAR 37.2 million in the …

Financial Results

28 January 2021 09:11 AM NCLE acquires Refan Company for Operation for SAR 946K

Riyadh – Mubasher: The National Company for Learning and Education (NCLE) said it has fulfilled all conditions and obtained necessary approvals to buy 100% of the share capital of Refan Company for Operation and Maintenance Limited, a related …

Mergers and Acquisitions

14 January 2021 00:20 PM NCLE's shareholders nod to 8% dividends

Riyadh – Mubasher: The ordinary general meeting (OGM) of the National Company for Learning and Education (NCLE) has approved to pay out cash dividends, equivalent to 8% of the company's share capital, for the fiscal year ended 31 August 2020. The …

General Assembly

7 January 2021 04:35 PM NCLE Q1 earnings down 67.5%

Riyadh – Mubasher: The net profits of the National Company for Learning and Education (NCLE) plunged by 67.5% on a yearly basis during the first quarter ended on 30 November 2020 on lower revenues. The company’s profits totalled SAR 3.788 million …

Financial Results

30 June 2020 01:50 PM NCLE’s unit inks building lease contract for SAR 64m

Riyadh – Mubasher: Al-Ghad National Schools Company, a 100% owned subsidiary of the National Company for Learning and Education (NCLE), has signed a lease agreement with Roboua’ Altaleem Real Estate Company for an educational complex in Riyadh. …

Companies Investments

10 February 2020 05:14 PM NCLE acquires Al Khawarzmi Education in SAR 30m deal

Riyadh – Mubasher: The National Company for Learning and Education (NCLE) has completed the acquisition of Al Khawarzmi Education Company. The deal follows on a purchase agreement to fully acquire the company’s share capital that was agreed last …

Mergers and Acquisitions

4 February 2020 07:13 PM Saudi competition authority approves NCLE acquisition of 2 companies

Riyadh – Mubasher: Saudi Arabia’s General Authority for Competition (GAC) has announced that it approves economic concentration between National Company for Learning and Education (NCLE) and Al Khwarizmi Company for Education. GAC also consents to …

Companies Investments

7 January 2020 06:55 PM Saudi NCLE sets start-up date for school project in Dhahran

Riyadh – Mubasher: National Company for Learning and Education (NCLE) has announced that its Doha Hills Schools Project in Dhahran, Saudi Arabia, is expected to be operational as of the beginning of the academic year 2020/2021. The postponement of …

Companies Investments

7 January 2020 06:28 PM National Company for Learning’s profit rises 1.4% YoY in Q1-19/20

Riyadh – Mubasher: National Company for Learning and Education’s (NCLE) net profit after zakat and tax grew by 1.42% year-on-year during the first quarter of the fiscal year 2019/2020. The company’s profit went up to SAR 11.64 million in the …

Financial Results

26 December 2019 10:46 AM NCLE approves SAR 0.8/shr dividends

Riyadh – Mubasher: The extraordinary general assembly meeting (EGM) of National Company for Learning and Education (NCLE) has approved distributing cash dividends to shareholders at 8% (SAR 0.8 per share). The dividends amount to a total of SAR 34 …

Cash Dividends

13 November 2019 00:01 PM NCLE concludes Al-Ghad School acquisition

Riyadh – Mubasher: The National Company for Learning and Education (NCLE) has signed a final agreement to fully acquire Al-Ghad National School limited company for SAR 36.7 million. NCLE will purchase all the shareholders' stakes, as per a …

Corporate Actions

10 November 2019 01:55 PM NCLE acquires Al Khwarizmi Company for SAR 30m

Riyadh – Mubasher: National Company for Learning and Education (NCLE) signed a purchase deal to fully acquire Al Khwarizmi Company for Education in a consideration of SAR 30 million. The transaction will be paid in cash, using part of the initial …

Company News