Abdulla Fouad Group seizes 51% stake in NEC

user icon
NOHA.GAD
calender icon
Jun 11, 2024
article image

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.


Share

Related News

SDAIA announces ICAN 2026 to advance national AI and data talent
News
Calendar Icon
December 9, 2025
SDAIA announces ICAN 2026 to advance national AI and data talent
Read More
Cyberani, KPMG form strategic partnership to strengthen Saudi cybersecurity
News
Calendar Icon
December 9, 2025
Cyberani, KPMG form strategic partnership to strengthen Saudi cybersecurity
Read More
Capgemini unveils top five tech trends in 2026
News
Calendar Icon
December 9, 2025
Capgemini unveils top five tech trends in 2026
Read More
Evercore secures license to launch Saudi operations
News
Calendar Icon
December 9, 2025
Evercore secures license to launch Saudi operations
Read More
Kearney: AI spending driving strong momentum for Saudi cities
News
Calendar Icon
December 9, 2025
Kearney: AI spending driving strong momentum for Saudi cities
Read More
IBM expands Saudi footprint after training 500,000 in AI
News
Calendar Icon
December 9, 2025
IBM expands Saudi footprint after training 500,000 in AI
Read More
SPARK inaugurates Smart Mobility EV chargers manufacturing plant
News
Calendar Icon
December 9, 2025
SPARK inaugurates Smart Mobility EV chargers manufacturing plant
Read More
GACA signs MoU with Archer Aviation to develop air taxi services
News
Calendar Icon
December 9, 2025
GACA signs MoU with Archer Aviation to develop air taxi services
Read More
Qualys picks Security Matterz as 1st mROC partner in Saudi Arabia
News
Calendar Icon
December 8, 2025
Qualys picks Security Matterz as 1st mROC partner in Saudi Arabia
Read More
Diriyah signs lease deal with Apple for retail store within Diriyah Square
News
Calendar Icon
December 8, 2025
Diriyah signs lease deal with Apple for retail store within Diriyah Square
Read More