Education

Everyone’s Smart University Holding Group Investments Surpass Four Billion Saudi Riyals

Updated: November 30, 2023, 09:50 AM IST

Everyone’s Smart University Holding Group has successfully reached a valuation of four billion Saudi riyals. The attribution to this accomplishment of meticulous efforts has been undertaken by the group to align itself with the dynamic requirements of the financial markets.

The group engaged Estidama Company to conduct a comprehensive evaluation of its digital and financial assets as part of this strategic move. The outcome of this evaluation determined the substantial value of the investment group at four billion Saudi riyals, which factors in the group’s financial performance and real profits.

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Expressing gratitude to all partners, Counsellor Nasser bin Ibrahim AlMohaimed, the Chairman of the Board of Directors, pledged to diligently pursue the realization of their aspirations for both international and local expansion. He also emphasized the commitment to enhancing the quality of affiliated entities’ outputs, which will aim to achieve advanced results in international classifications.

In addition to this financial feat, the group has taken a proactive step by submitting a formal request to the authorities in the Kingdom of Saudi Arabia. The request seeks approval for the establishment of a branch of one of its universities—a strategic move aligning with the group’s international expansion strategy. This expansion does not aim only to contribute to the dissemination of science and knowledge but also to elevate the group’s global presence.

Read | Study in Saudi Arabia

As Everyone’s Smart University Holding Group celebrates this remarkable financial accomplishment, it stands poised for further growth and impact on the academic landscape, both domestically and internationally.

Prabhav Anand

View Comments

  • The successful alignment with dynamic financial market requirements speaks volumes about the strategic vision of Everyone’s Smart University Holding Group. Adapting to change is crucial for sustained success in today's business landscape.

  • This accomplishment not only showcases the financial strength of Everyone’s Smart University Holding Group but also highlights the importance of proactive measures in staying ahead in the competitive market. A well-deserved success!

  • It's refreshing to witness a company recognizing the significance of both digital and financial assets in today's tech-driven world. This forward-thinking approach likely contributes to their remarkable valuation success.

  • A valuation of four billion Saudi riyals is a testament to the economic prowess and financial soundness of Everyone’s Smart University Holding Group. Their dedication to excellence shines through in this accomplishment.

  • Estidama Company's involvement in evaluating digital and financial assets adds a layer of credibility to the valuation process. It's encouraging to see companies taking such thorough steps in assessing their true value.

  • Achieving a four billion Saudi riyals valuation is no small feat. It reflects the commitment and hard work of Everyone’s Smart University Holding Group in optimizing their financial performance. Well done!

  • It's great to see a company recognizing the importance of aligning with market trends. Kudos to Everyone’s Smart University Holding Group for their meticulous efforts and engagement with Estidama Company to evaluate their digital and financial assets.

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