Al-Khaleej Training sees 10% growth in all sectors; new projects in pipeline

Al-Khaleej Training and Education Co. said it expects all of its segments to post a growth of 10 percent this year, thanks to expansions in training, education, and call center services.

In its board report, the company announced a bundle of target projects for the current year. Work on most of them will start in September.

The company’s net profit increased 13 percent year-on-year to SAR 89.2 million (SAR 2.55 earnings per share) in 2014.

Al Khaleej Training and Education is Saudi Arabia’s leading company in training and education services. The company invests in international and private schools, as well as providing professional call center services to major companies in the kingdom.

Al-Khaleej Training Projects – 2015
Project	Details	Notes
Dammam Schools	Expansion ongoing. Projected to be complete in September.	Expansion has been delayed for 10 months by the contractor. School set to hold 1,800 students.
Riyadh Schools - Al Maghrazat	Launch will be in September with a capacity of nearly 3,500 students.	---
School Compound in Cordoba district, Riyadh	Launch will be in September with a capacity of nearly 2,800 students.	---
New schools in Jeddah and Khobar	Establishment of schools in Jeddah and Khobar for 2,000 and 2800 students, respectively.	--
Kindergartens	Al-Khaleej has a kindergarten in Riyadh. A building will be rehabilitated for another in Khobar.	The company announced a plan for several kindergartens. A relevant agreement will be signed in the first half of the year.

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