National Company for Learning and Education

The National Company for Learning and Education, a Saudi joint stock company listed on the Saudi Stock Exchange "Saudi Tadawul", was established in 1958. Its headquarters is located in the capital, Riyadh.

It was listed on "Saudi Tadawul" on November 18, 2018. Its shares are traded on the main market in the Consumer Services sector under the name (NCLE), symbol 4291, and International Securities Identification Number (ISIN) (SA14L09I31H9). The company's capital is SAR430 million.

The company operates in the Kingdom of Saudi Arabia under commercial registration number 1010178851, dated July 14, 2002. The company's headquarters is located in Riyadh City, and its origins date back to 1958 when it was established as the Saudi Kindergarten for children. In 1959, the name was changed to the Tarbiya Namouthajiya Schools. In 1992, a branch was established as a sole proprietorship under the name the Tarbiya Schools, with commercial registration number 001/1010006017 and a capital of SAR1.2 million. By the Minister of Commerce Resolution No. (346) dated May 15, 2002, the company transitioned from a sole proprietorship to a closed joint-stock company, and its capital was increased in cash to SAR122.78 million. The entire capital was subscribed in full through a private placement, representing the net assets of the schools as reflected in the financial statements at the time of the conversion, including fixed and current assets. On June 20, 2006, the capital was increased through capitalization of retained earnings and infusion of cash amounts to SAR200 million. The capital was further increased to SAR300 million on February 14, 2016, by capitalizing retained earnings and statutory reserves.

The activity of the National Company for Learning and Education, according to its commercial registration, includes owning, establishing, and managing private general education (pre-university) schools and investing in the sports and entertainment sector and sports clubs for school students.

The National Company for Learning and Education includes educational complexes covering an area of more than 250,000 m². The educational complexes can accommodate more than 15,000 male and female students, covering all levels from kindergarten, primary, middle, and secondary schools, as well as students in the international education program. These complexes employ a workforce of approximately 1,500 staff members. The company has numerous partnership agreements with international educational institutions and has received several accredited global certifications, such as the (ISO 9002) Quality Management Certificate.