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Al-Masar Al-Shamel for Education announced the signing of a non-binding Memorandum of Understanding with the partners of Al-Qalam Educational Trading Company to explore the acquisition of 60% of the company's capital. The goal is to strengthen its presence in the educational sector and to expand its activities. The memorandum was signed on June 18, 2026, and will last until the end of September 2026, with the possibility of extension. It includes conducting necessary studies and evaluations before making a final decision. The company has not yet appointed a financial advisor and will collaborate with specialists during the upcoming phase.
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