logo-en
  • Home
  • Companies
  • Investors
    • Home
  • FinTech Hub
  • News
LoginRegister
  • english iconEnglish
  • english iconArabic
  1. Mubasher News
  2. Abdulla Fouad Group seizes 51% stake in NEC

Abdulla Fouad Group seizes 51% stake in NEC

NOHA.GAD
Jun 11, 2024
Abdulla Fouad Group seized 51% stake in NEC

Riyadh - Sharikat Mubasher: The Saudi diversified business group Abdulla Fouad Group (AFG) acquired a 51% stake in Northern Education Company (NEC), the leading health education provider in Arar.

In a statement, AFG revealed that the acquisition aligns with its long-term strategy to consolidate its core healthcare portfolio in the Kingdom.

NEC owns and operates the Northern College of Nursing in Arar which provides bachelor's degrees in nursing under the license and accreditation of the Ministry of Education.

Tags

Share

Attract clients with your ad

Start Now

Trending

Aramco, solutions by stc to deploy next-generation supercomputer by 2027
MUBASHER.SA
Legaline launches as UAE’s 1st AI-native legaltech platform
MUBASHER
FAB, Temenos strengthen relations to drive digital banking in Saudi Arabia
MUBASHER
Vault officially launches in Saudi Arabia after obtaining CMA license
MUBASHER
Saudi Platform RiFD signs strategic deal with Kingsbury & Partners
MUBASHER.SA

Related News

Private Equities News
Calendar Icon
May 6, 2026
Aramco, solutions by stc to deploy next-generation supercomputer by 2027
Read More
Private Equities News
Calendar Icon
May 6, 2026
Legaline launches as UAE’s 1st AI-native legaltech platform
Read More
Private Equities News
Calendar Icon
May 6, 2026
FAB, Temenos strengthen relations to drive digital banking in Saudi Arabia
Read More
Private Equities News
Calendar Icon
May 6, 2026
Vault officially launches in Saudi Arabia after obtaining CMA license
Read More
Private Equities News
Calendar Icon
May 6, 2026
Aramco to collaborate with IBM to accelerate AI, innovation in Kingdom
Read More
Private Equities News
Calendar Icon
May 5, 2026
Saudi non-oil business returns to growth, PMI rises to 51.5
Read More
Private Equities News
Calendar Icon
May 5, 2026
Zelostech, Abdul Latif Jameel partner to boost smart mobility, sponsored by TGA
Read More

Sharikat Mubasher Newsletter

Get insights and exclusive content from the world of business and finance that you can trust delivered to your inbox

Email is Required
Should be a valid email

Democratizing private equity investments

  • Home
  • Companies
  • Investors
  • FinTech Hub
  • News
  • Contact Us
  • Sitemap
2024 All rights reserved to Sharikat Mubasher