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

SDAIA to organize fourth Global AI Summit in September 2026
MUBASHER.SA
Shory Group expands into Saudi market after securing official license
MUBASHER
Joby Aviation plans to deploy electric air taxi in Saudi Arabia
MUBASHER
CODE to convene global tech leaders at Multiverse 2025 in Silicon Valley
MUBASHER.SA
Corporate sector captures 54% of bank loans in H1-25
MUBASHER.SA

Related News

Private Equities News
Calendar Icon
Nov 13, 2025
SDAIA to organize fourth Global AI Summit in September 2026
Read More
Private Equities News
Calendar Icon
Nov 13, 2025
Shory Group expands into Saudi market after securing official license
Read More
Private Equities News
Calendar Icon
Nov 13, 2025
CODE to convene global tech leaders at Multiverse 2025 in Silicon Valley
Read More
Private Equities News
Calendar Icon
Nov 13, 2025
RAÝH launches in Riyadh to help investors turn assets into startups
Read More
Private Equities News
Calendar Icon
Nov 12, 2025
Capgemini Report: AI Agents to deliver $450bn to Financial Sector by 2028
Read More
Private Equities News
Calendar Icon
Nov 12, 2025
Valor Hospitality expands in Saudi Arabia with major hotel portfolio deal
Read More
Private Equities News
Calendar Icon
Nov 12, 2025
DataCamp acquires Dubai-based Optima in $15 mn deal
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