‎AOL signs SAR 128.7M training deal With Hadaf

‎AOL signs SAR 128.7M training deal With Hadaf ‎AOL signs SAR 128.7M training deal With Hadaf

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Logo ofAcademy of Learning (AOL)

Academy of Learning (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 year ended Dec. 31, 2023.

The one-year deal covers programs and initiatives expected to boost revenue, with a positive financial impact projected for the fiscal year ending June 30, 2026.

 

Logo ofAcademy of Learning (AOL)

Academy of Learning (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.

For more news on listed companies

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 year ended Dec. 31, 2023.

The one-year deal covers programs and initiatives expected to boost revenue, with a positive financial impact projected for the fiscal year ending June 30, 2026.

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