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

AI Everything Abu Dhabi 2026 to bring together 350+ AI companies
MUBASHER
RaffleTech rolls out new AI-powered customer engagement ecosystem
MUBASHER
Diriyah awards SAR 2.7bn project to Hassan Allam, UCC Saudi
MUBASHER
SAMA grants Himma debt crowdfunding license
MUBASHER.SA
Khalifa Fund, Cyber Security Council launch ‘Future Entrepreneur Program 2026’ Summer Camp
MUBASHER

Related News

Private Equities News
Calendar Icon
Jul 29, 2026
AI Everything Abu Dhabi 2026 to bring together 350+ AI companies
Read More
Private Equities News
Calendar Icon
Jul 29, 2026
RaffleTech rolls out new AI-powered customer engagement ecosystem
Read More
Private Equities News
Calendar Icon
Jul 29, 2026
Diriyah awards SAR 2.7bn project to Hassan Allam, UCC Saudi
Read More
Private Equities News
Calendar Icon
Jul 29, 2026
SAMA grants Himma debt crowdfunding license
Read More
Private Equities News
Calendar Icon
Jul 28, 2026
Pemo secures CBUAE’s in-principle approval for Stored Value Facilities license
Read More
Private Equities News
Calendar Icon
Jul 28, 2026
‎KEC signs LOI to execute SAR 7.5bn Knowledge Gardens project
Read More
Private Equities News
Calendar Icon
Jul 28, 2026
Monsha'at to host franchise exhibition featuring over 20 brands in Al-Baha
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