Maarif Education Acquires IKEC to Expand Its Reach in Saudi Arabia

Maarif Education, a major education provider in Saudi Arabia, announces the acquisition of Ibn Khaldoun Education Company (IKEC), further expanding its reach and becoming the largest K12 education company in the country by revenue and geographic coverage. The acquisition of IKEC, which manages four schools with approximately 13,000 students, is strategically aligned with Maarif's growth plan and Saudi Arabia's Vision 2030. This move will increase Maarif's student enrollment to over 36,000, showcasing a 60% growth, and solidify its standing as a national and soon international leader in private education. The acquisition awaits regulatory approval, marking one of the largest investments in Saudi Arabia's education sector.