Amna Assem

Al Masar Al Shamel Education Company, based in Saudi Arabia and operating in specialized education in the Gulf region and listed on the Saudi Stock Exchange, is considering acquiring a 60% stake in Al Qalam Educational Trading Company, which supports its strategic expansion plan, according to Al Masar Al Shamel’s disclosure to the Saudi Stock Exchange.

What do we know so far?

(According to official company websites and stock exchange data)

The two companies signed a non-binding memorandum of understanding to explore the possibility of completing the acquisition, covering the period from June 18 to September 30, 2026, with the possibility of extension. Advisors will be appointed to conduct due diligence. The potential transaction is subject to the necessary approvals.

Al Masar Al Shamel Company was established in 2022 and listed on the Saudi Stock Exchange in 2025. It provides services in higher education, education, and care for people with disabilities in Saudi Arabia and the UAE. It is 70% owned by Amanat Holdings, an Emirati company that invests in healthcare and education and is listed on the Dubai Financial Market.

Al-Qalam Educational Trading Company, based in Saudi Arabia, manages Al-Qalam Schools, which were established in 1994 and have several branches in Riyadh. These schools cover educational stages from foundation to secondary.

(Prepared by: Omnia Assem, Edited by: Shaimaa Hefzy, Contact: zawya.arabic@lseg.com )

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