| Element List | Explanation |
|---|---|
| Introduction | Ataa Educational signs a Memorandum of Understanding with the Electronic Education and Training Company / Semanoor to launch the first virtual school in 2025 |
| Memorandum Signing Date | 2024-02-22 Corresponding to 1445-08-12 |
| Counterparty | Electronic Education and Training Company / Semanoor |
| Memorandum Subject | In line with the digital transformation program in the KSA Vision 2030 and in conjunction with the launch of the standards for evaluating blended learning models in K-12 schools that the Education and Training Evaluation Commission announced, Ataa Educational Company signed a memorandum of understanding with the Electronic Education and Training Company / Semanoor; it includes a few areas of cooperation, including the launching of the first virtual school from The Kingdom of Saudi Arabia to the world targeting four geographical regions: |
1- Students in the Kingdom of Saudi Arabia; 2- Students in the Arab world; 3- Students in Asia, Africa, and South America; and 4- Students in North America and Europe.
The Capital Market Authority and Saudi 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.