Al Khaleej extends MOU with G.F.H Bank

Gulf Training and Education Company announced the extension of the non-binding Memorandum of Understanding with Gulf Finance House Bank for 180 days, aiming to complete assessments and the negotiation phase related to the merger of educational assets that include 13 schools affiliated with the company, with 10 schools and a university affiliated with the bank. This came after the memorandum was signed in January 2026, and the first party's name was changed to "Gulf Finance House Bank" without any alteration to the nature of the agreement or its obligations. The extension will start from June 18, 2026, and continue until December 17, 2026, to facilitate the completion of the related transaction processes.

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تنويه: هذا ملخص تم إنشاؤه بواسطة الذكاء الاصطناعي

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