Saudi education witnesses rapid transformation in last five years

Between 2015 and 2019 the number of primary and secondary level schools in Saudi Arabia grew 16.5 percent to a total of 38,150. (File)
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Updated 03 May 2021
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Saudi education witnesses rapid transformation in last five years

  • There has been a 61 percent increase in the take-up of business management courses in public universities

RIYADH: During his televised interview last week to mark the 5th anniversary of the Vision 2030 program, one of the many subjects addressed by Crown Prince Mohammed bin Salman was the Kingdom’s education system.

“With regard to higher education, currently we have five universities ranked among the 500 best universities worldwide according to various indicators. Our objective is to have three universities ranked among the best 200,” the crown prince said.

He said that his ambitions ran even higher. “We might be working toward a very ambitious objective… having one university ranked among the best 10 universities worldwide, which is King Saud University. But even if it ranked 20 or 30 that would be extremely good.”

A report released on Sunday by real estate consultancy firm Knight Frank said the Kingdom’s education sector is undergoing rapid transformation across all levels and “it creates a compelling case to invest in the education space of the Kingdom.”

In the five years to 2018, the total number of students in higher education in Saudi Arabia grew by 8.3 percent to 1.62 million. The Kingdom has 60 universities, 70 percent of which are public institutions. In terms of subject matter, there has been a 61 percent increase in the take-up of business management courses in public universities, while the natural sciences, mathematics and statistics sector recorded a 55.9 percent increase in the number of students enrolling.

FASTFACT

• In the five years to 2018, the total number of students in higher education in Saudi Arabia grew by 8.3 percent to 1.62 million.

One of the key goals of Vision 2030 is to increase the number of Saudi nationals in the labor force and to facilitate this there has been a surge in the number of technical and vocational training (TVT) facilities in the Kingdom. The Knight Frank report found that in the five years leading up to 2017 the number of TVT public sector facilities in the Kingdom rose by 60.4 percent to reach 223.

The biggest growth in the education sector has been in the primary and secondary levels. Between 2015 and 2019 the number of schools in the Kingdom grew 16.5 percent to a total of 38,150. Eighty percent of these are public facilities, but in the fee-paying private sector, the number of schools over the same time period has increased by 42.1 percent.

“As we continue to see an increase in female labor force participation rates, demand for affordable and quality pre-primary institutions is only likely to increase.

Saudi Arabia’s Ministry of Investment, in conjunction with the Ministry of Education, estimates that 1,500 kindergartens are required across Saudi Arabia over the next decade alone,” the report said.

Shehzad Jamal, Head of Healthcare & Education at Knight Frank Middle East, said in a statement: “The Saudi Arabia government has recognized that improvements need to be made in the quality of its education system, which are to be addressed through its Human Capital Development Vision Realization Program of the Vision 2030. Significant reforms are under implementation to address challenges faced by the sector.”


Closing Bell: Saudi benchmark index closes lower at 10,540 

Updated 24 December 2025
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Closing Bell: Saudi benchmark index closes lower at 10,540 

RIYADH: Saudi equities ended Wednesday’s session lower, with the Tadawul All Share Index falling 55.13 points, or 0.52 percent, to close at 10,540.72. 

The sell-off was mirrored across other indices, with the MSCI Tadawul 30 Index retreating 5.79 points, or 0.41 percent, to close at 1,393.32, while the parallel market Nomu slipped 74.56 points, or 0.32 percent, to 23,193.21.  

Market breadth remained firmly negative, as decliners outpaced advancers, with 207 stocks ending the session lower against just 51 gainers on the main market. 

Trading activity moderated compared to recent sessions, with volumes reaching 123.5 million shares, while total traded value stood at SR2.72 billion ($725.2 million). 

On the sectoral and stock level, Al Moammar Information Systems Co. led the gainers after surging 9.96 percent to close at SR172.30, extending its rally following a series of contract announcements tied to data center and IT infrastructure projects.  

Al Masar Al Shamil Education Co. climbed 4.89 percent to SR27.48, while Naqi Water Co. advanced 3.36 percent to SR58.50. Al Yamamah Steel Industries Co. and Al-Jouf Agricultural Development Co. also posted solid gains, rising 3 percent and 2.86 percent, respectively. 

Losses, however, were concentrated in industrial names. Saudi Kayan Petrochemical Co. fell 3.67 percent to SR4.73, while Makkah Construction and Development Co. slid 3.44 percent to SR80.  

Saudi Tadawul Group Holding Co. retreated 3.28 percent to SR147.50, weighed down by broader market weakness, and Saudi Cable Co. declined 3.18 percent to SR143.  

Alkhaleej Training and Education Co. rounded out the top losers, shedding just over 3 percent. 

On the announcement front, BinDawood Holding announced the signing of a share purchase agreement to acquire 51 percent of Wonder Bakery LLC in the UAE for 96.9 million dirhams, marking a strategic expansion of its food manufacturing footprint beyond Saudi Arabia.   

The acquisition, which remains subject to regulatory approvals, is expected to support the group’s regional growth ambitions and strengthen supply chain integration.  

BinDawood shares closed at SR4.68, up 0.43 percent, reflecting a positive market reaction to the overseas expansion move.  

Meanwhile, Al Moammar Information Systems disclosed the contract sign-off for the renewal of IT systems support licenses with the Saudi Central Bank, valued at SR114.4 million, inclusive of VAT.   

The 36-month contract is expected to have a positive financial impact starting from fourth quarter of 2025, reinforcing MIS’s position as a key technology partner for critical government institutions. The stock surged to the session’s limit making it the top gainer. 

In a separate disclosure, Maharah Human Resources confirmed the completion of the sale of its entire stake in Care Shield Holding Co. through its subsidiary, Growth Avenue Investments, for a total consideration of SR434.3 million.  

The transaction involved the transfer of 41.36 percent of Care Shield’s share capital to Dallah Healthcare, with Maharah receiving the full cash proceeds.  

Despite the strategic divestment, Maharah shares closed lower, ending the session at SR6.12, down 1.29 percent.