Academy of Learning’s Nomu listing paves way for expansion, says chairman

RIYADH: Education business Academy of Learning Co.’s listing on the Saudi Exchange strengthens its position in larger markets and paves the way for expansion, chairman Khalid Al-Ammar told Argaam.

The company, which owns and operates educational centers, made a strong debut on the Kingdom’s parallel market Nomu, with its shares jumping 30 percent to lead the index’s gainers on Monday.