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

Saudi Arabia, South Korea deepen business ties across emerging sectors
MUBASHER
DGA unveils GovJam 2026 to foster digital innovation
MUBASHER.SA
Riyadh Holding launches Marafid to develop economic assets in Riyadh
MUBASHER.SA
Solutions+ signs MoU with Tahaluf to accelerate AI transformation
MUBASHER
Monsha’at, Riyadh Chamber strengthen cooperation to support SMEs
MUBASHER.SA

Related News

Private Equities News
Calendar Icon
Oct 6, 2026
Saudi Arabia, South Korea deepen business ties across emerging sectors
Read More
Private Equities News
Calendar Icon
Oct 6, 2026
Riyadh Holding launches Marafid to develop economic assets in Riyadh
Read More
Private Equities News
Calendar Icon
Oct 6, 2026
Solutions+ signs MoU with Tahaluf to accelerate AI transformation
Read More
Private Equities News
Calendar Icon
Oct 5, 2026
NEOPAY to acquire 65% stake in noon payments
Read More
Private Equities News
Calendar Icon
Oct 5, 2026
Saudi Arabia to host 6th Future Minerals Forum in January 2027
Read More
Private Equities News
Calendar Icon
Oct 5, 2026
Saudi non-oil sector hits six-month high in September, PMI rises to 55.3
Read More
Private Equities News
Calendar Icon
Oct 4, 2026
Saudi DGA, STV plan SAR 500 mn investment in AI startups
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