{"id":4146,"date":"2023-11-28T03:32:09","date_gmt":"2023-11-28T03:32:09","guid":{"rendered":"https:\/\/edunew.ibda.io\/?p=4146"},"modified":"2025-04-14T16:58:04","modified_gmt":"2025-04-14T16:58:04","slug":"ceo-of-ncle-to-cnbc-arabia-the-current-leasing-e-contracts-amount-to-8-properties-and-their-annual-rental-value-reached-sr-22-million-last-year","status":"publish","type":"post","link":"https:\/\/edunew.ibda.io\/en\/ceo-of-ncle-to-cnbc-arabia-the-current-leasing-e-contracts-amount-to-8-properties-and-their-annual-rental-value-reached-sr-22-million-last-year\/","title":{"rendered":"CEO of NCLE to CNBC Arabia: The current leasing e contracts amount to 8 properties, and their annual rental value reached SR 22 million last year"},"content":{"rendered":"

In an interview with CNBC Arabia , Mohammad Al-Khudair, CEO of NCLE, indicated that the number of students grew by 37%, which contributed to increasing the company\u2019s revenues in the year ending August 2023.
\nHe also pointed out that the company had previously announced the operation of 5 newly-opened schools in Riyadh, two of which were recently opened in September 2023.
\nMr. Mohammad explained that the ratio of debt to equity does not exceed 7%, and therefore financing projects will be through the company\u2019s own financial resources in addition to loans. Finally he stated that the company has currently 13 school buildings a a result of the expansion plans, noting that since its listing it has acquired 3 different schools and work is still ongoing to establish new schools.
\nHe pointed out that the current rental contracts amount to 8 properties, ranging from lands to educational buildings, and their annual rental value reached SR 22 million last year.
\nAl-Khudair mentioned that the company received support amounting to approximately SR 12.3 million from the Human Resources Development Fund in the year ending August 2023.<\/p>\n

\"\"<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

NCLE’s CEO pointed out that the current rental contracts amount to 8 properties
\nand their annual rental value reached SR 22 million last year<\/p>\n","protected":false},"author":1,"featured_media":658,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[1],"tags":[],"output-rule":[91],"class_list":["post-4146","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-magazines","output-rule-only-english"],"acf":[],"_links":{"self":[{"href":"https:\/\/edunew.ibda.io\/en\/wp-json\/wp\/v2\/posts\/4146","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/edunew.ibda.io\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/edunew.ibda.io\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/edunew.ibda.io\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/edunew.ibda.io\/en\/wp-json\/wp\/v2\/comments?post=4146"}],"version-history":[{"count":1,"href":"https:\/\/edunew.ibda.io\/en\/wp-json\/wp\/v2\/posts\/4146\/revisions"}],"predecessor-version":[{"id":4147,"href":"https:\/\/edunew.ibda.io\/en\/wp-json\/wp\/v2\/posts\/4146\/revisions\/4147"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/edunew.ibda.io\/en\/wp-json\/wp\/v2\/media\/658"}],"wp:attachment":[{"href":"https:\/\/edunew.ibda.io\/en\/wp-json\/wp\/v2\/media?parent=4146"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/edunew.ibda.io\/en\/wp-json\/wp\/v2\/categories?post=4146"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/edunew.ibda.io\/en\/wp-json\/wp\/v2\/tags?post=4146"},{"taxonomy":"output-rule","embeddable":true,"href":"https:\/\/edunew.ibda.io\/en\/wp-json\/wp\/v2\/output-rule?post=4146"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}