Riyadh – Mubasher: Saudi Arabia-based, Al Khaleej Training and Education announced extending the memorandum of understanding (MoU) with Arab National Investment Company (ANB Invest) until 5 January 2018.

The MoU was signed on 5 July, and it was regarding the launch of an income-generating real estate investment traded fund (REIT Fund) that will focus on the education sector, according to a bourse filing on Wednesday.

The MoU’s extension was implemented to complete the procedures with the same items which were agreed on previously.

By 10:00 am KSA time, the stock shed 0.15% to SAR 19.84.