Naseej Tech inks SAR 13.8M deal with NeLC

Naseej for Technology Co. (Naseej Tech) signed a contract with the National e-Learning Center (NeLC) to provide all services to build university short programs, for a value of SAR 13.8 million (VAT Inclusive).

In a statement to Tadawul, the company said that the contract has a term of seven months, and it is expected to have a positive impact on company's financial statements for 2024 and 2025.

According to data available on Argaam, the contract was awarded to Naseej Tech in September. The project aims to build short university programs (40 programs - second phase) in partnership with Saudi universities and global platforms, in accordance with the program standard document.

The programs combine cognitive and behavioral competencies that enable the learner to master the necessary knowledge within a short time on a subject in specializations such as mining, entertainment, financial services, and healthcare.