Ataa establishes Buckswood Riyadh Education School Company

04/08/2024 Argaam
Logo ofAtaa Educational Company

Logo of Ataa Educational Company 

Ataa Educational Co. signed a partnership contract with Buckswood Global Education (BGE) stipulating investment in the field of education in Saudi Arabia.

 

According to a statement on Tadawul, Buckswood Riyadh Education School Co. has been established as a limited liability company (LLC) with a capital of SAR 100,000.

 

For more news and details on the projects

 

Ataa owns 80% of Buckswood, while the remaining 20% is owned by BGE. The new entity’s headquarters will be in Riyadh.

 

Ataa established the new company to manage and operate Buckswood Riyadh Education School for kindergarten, primary, middle, and secondary levels, according to the license issued by the Ministry of Commerce no. (7041198578) on Aug. 1, 2024.

 

The company confirmed that any material developments will be announced in due course.

 

In May, Ataa announced the signing of a memorandum of understanding (MoU) with BGE to launch Buckswood School in Riyadh.

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