Riyadh - Mubasher: Learning Private Schools Company, a subsidiary of Academy of Learning Company, has signed a long-term investment lease agreement valued at SAR 332.44 million to operate an educational complex in Riyadh.

The deal marks the company’s first entry into the city’s international education sector, according to a bourse filing.

Meanwhile, the 30-year agreement was signed on 13 April 2026 with High Standards Real Estate Company.

Learning Private Schools will lease and operate a model educational complex in the Al-Munsiyah district with a capacity of 2,200 students.

The facility will provide international education services across all levels, including kindergarten, elementary, middle, and high school, for both boys and girls.

The agreement also covers licensed educational, training, cultural, and sports activities throughout the Kingdom during the contract period.

Academy of Learning said the move aligns with its strategy to expand in the education sector, diversify investments, and target stable, long-term returns.

The project is expected to have a positive impact on the company’s financial results starting in the first half (H1) of next year.

During the first half (H1) of fiscal year (FY) 2025/2026, the Tadawul-listed company reported 18.12% year-on-year (YoY) higher net profits at SAR 14.24 million, compared to SAR 12.05 million.