Naseej Tech signs SAR 11.3M contract with NELC

Logo of Naseej for Technology Co. (Naseej Tech) 

Naseej for Technology Co. (Naseej Tech) signed a contract with National eLearning Center (NELC) valued at SAR 11.3 million, including VAT, the company said in a statement to Tadawul.

The scope of work covers managing and operating NELC’s learning management system to enhance confidence in e-learning, ensure equal access to lifelong e-learning, and lead sustainable innovation in the Kingdom. This shall, in turn, ease access to reliable e-learning for all.

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The company aims to ensure service stability and platform efficiency by adopting the latest global technologies and practices in e-learning. The services will include operation and maintenance to ensure the durability of the educational and training processes.

The 36-month contract is expected to positively impact Naseej Tech’s financial statements for 2024, 2025, and 2026.