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Alkhaleej Training and Education Co. Announces the awarding of contract with Saudi Arabian Monetary Agency

Alkhaleej Training and Education Co. Announces the awarding of contract with Saudi Arabian Monetary Agency

ELEMENT LISTEXPLANATION
IntroductionThe Company received a letter from the Saudi Arabian Monetary Agency (SAMA) on Tuesday 19/02/2019 stating the approval of the proposal submitted by the Company to renew the existing contract for another period of 3 years starting from 01/01/2020 for the operation and management of the communication centers and the development of the operational facility for unified Call Centers which is due to expire on 31/12/2019.
Date of Contract Award2019-02-19 Corresponding to 1440-06-14
Contract Value34,088,832 SAR
Expected Date of signing the contract2020-01-01 Corresponding to 1441-05-06
Contract DetailsThe company will operate, manage and develop the communication centers for the Unified Call Centers for the Saudi Arabian Monitory Agency.
Related PartiesThere are no related parties
Additional InformationThe contract will be announced upon signing by both parties.

The Capital Market Authority and the Saudi Stock Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.

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