AOL signs SAR 128.7M training deal with Hadaf

13/08/2025 Argaam
Logo ofAcademy of Learning (AOL)

Logo of Academy of Learning (AOL) 

Academy of Learning Co. (AOL) signed today, Aug. 13, a SAR 128.73 million training support agreement, including VAT, with the Human Resources Development Fund (Hadaf) to implement training and qualification programs leading to employment.

 

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The company said in a Tadawul filing that the contract value exceeds 138% of its revenue, based on the latest audited financial statements for the fiscal year (FY) ended Dec. 31, 2023.

 

The one-year deal covers the execution of revenue-generating programs and initiatives, with a positive financial impact projected for FY 2025/26.

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