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

PIF raises $3bn credit facilities to strengthen cooperation with Italian businesses
MUBASHER
OpenAI concludes four deals to deploy its technology across Abu Dhabi-based entities
MUBASHER
Dubai Digital Economy Chamber, Alibaba Cloud collaborate to advance agentic AI adoption
MUBASHER
Saudi PMI eases to 54, non-oil growth streak reaches seven months
MUBASHER.SA
Ziina partners with skrooge.ai to advance financial management for UAE businesses
MUBASHER

Related News

Private Equities News
Calendar Icon
Nov 3, 2026
PIF raises $3bn credit facilities to strengthen cooperation with Italian businesses
Read More
Private Equities News
Calendar Icon
Nov 3, 2026
OpenAI concludes four deals to deploy its technology across Abu Dhabi-based entities
Read More
Private Equities News
Calendar Icon
Nov 3, 2026
Dubai Digital Economy Chamber, Alibaba Cloud collaborate to advance agentic AI adoption
Read More
Private Equities News
Calendar Icon
Nov 3, 2026
Saudi PMI eases to 54, non-oil growth streak reaches seven months
Read More
Private Equities News
Calendar Icon
Nov 2, 2026
Dubai Future District, Buimerc partner to support Dubai’s VC ecosystem
Read More
Private Equities News
Calendar Icon
Nov 2, 2026
Commercial franchise registrations in Saudi Arabia rise by 53% in 9M
Read More
Private Equities News
Calendar Icon
Nov 2, 2026
OmniOps pacts with Tencent Cloud to advance enterprise AI development in Kingdom
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