Competition authority approves National Education acquisition of Al-Khwarizmi, Al-Ghad Schools

The Saudi General Authority for Competition (GAC) approved on Tuesday National Co. for Learning and Education’s (NCLE) acquisition of Riyadh-based Al-Khwarizmi Co. for Education, according to the authority’s statement.

GAC also greenlighted NCLE’s acquisition of Al-Ghad National Schools.

In November 2019, NCLE signed two agreements to fully acquire Al-Khwarizmi for SAR 30 million and Al-Ghad Schools for SAR 36.7 million.