Gulf Company for Training and Education Receives (A-) Long-Term Credit Rating

The Gulf Company for Training and Education announced in a statement via the Saudi Stock Exchange (Tadawul) that it has been awarded a long-term credit rating of (A-) with a stable outlook, alongside a short-term credit rating of (R2) from the financial analysis firm, (RATING).

According to the statement, the credit rating reflects a high degree of security in meeting financial obligations on time and indicates a low level of associated credit risk. This rating serves as a testament to the company's strong capacity to manage its financial responsibilities efficiently and effectively.

In trading activity, the Gulf Company for Training and Education (TADAWUL: 4290) saw its share price rise by 1.48%, equivalent to an increase of 0.45 SAR per share, reaching 30.80 SAR per share during the trading session on the Saudi Stock Exchange.

It is important to note that the Gulf Company for Training and Education, a Saudi joint-stock company, was established on November 24, 1992. The company specializes in offering training courses in areas such as the English language, computer science, information technology, and management sciences.

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