Educational Complex- Iraqh District

Overview

Establishing an educational complex in Irqah District, Riyadh at a cost of SAR 75 million, spanning 10,000 square meters, to accommodate 2,000 male/female students as part of the company's plans to transfer its schools from non-educational buildings to purpose-built educational buildings, in addition to increasing the capacity of students.

Project Information

Real Estate
  • Education and Training > Schools & Colleges
75.00 (Million Riyal) * Estimate:
2000 male/female students
Saudi Arabia
Riyadh
-
Under Construction
2023
2024
  • On May 1,2023, the company announced purchasing a land plot in Iraqh District, Riyah, at SAR 17 million to establish an educational complex. 
  • On May 1, 2023, the company expected the transaction impact will be an increase in non-current assets in Q4 2023.
  • In Q3 2023 investor presentation, the company revealed that the project is expected to open in the academic year 2024-2025.
-

Owners

Name
Percentage
Ataa Educational Co.
100.00%

Related Parties

Name
Role
-
-

Financing Sources

Source
Percentage
Mix
100.00 %

Popular Links

Quick Links

Join Us

Argaam.com Copyright © 2023, Argaam Investment, All Rights Reserved
Call Request