Al-Tahdheeb Educational eyes expansion in Eastern Province, doubled student count: Chairman

Jassim Al Nasser, Chairman of Al-Tahdheeb Educational Services Co., said the company is streamlining its regulatory and governance framework in preparation for a potential listing on the Nomu-Parallel Market in 2029, with plans to double its market capital.

Speaking to Argaam on the sidelines of the Argaam Connect initiative, Al Nasser said the company has shifted from owning and building schools to a more flexible model based on investor partnerships and leasing educational facilities it operates. The strategy targets expanding student numbers to more than 9,000 by 2029.

Al-Tahdheeb currently operates schools in Saihat, Dammam and Qatif, with a five-year expansion plan in the Eastern Province that includes entry into Al Khobar and Al Ahsa, aiming to establish a presence in five key cities in the region.

The company has around 5,300 students in the current academic year and offers three tracks: private education, the American international curriculum, and an Egyptian curriculum at one of its schools. Most of its schools are rated above 90%, he said.

Al Nasser noted steady growth in demand for private and international education seats, supported by government efforts under Vision 2030 to raise private school enrollment from around 17% to 25% of total students nationwide. He added that the state’s privatization drive in education presents significant opportunities for high-quality private operators.

Founded in 1991, Al-Tahdheeb transitioned from a sole proprietorship to a company structure in 2018, with operations still concentrated in the Eastern Province.