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Amanat's listing represents the third education IPO in the UAE over the past two years

Amanat to list its education platform

Amanat Holding, an investment company in Dubai, has announced plans to list its education platform. The move will be the third education-related initial public offering in the UAE in the last two years, following the listing of Dubai’s Taaleem in 2022 and Abu Dhabi’s Alef Education earlier this year. Amanat, which specialises in healthcare and […]

50 million Alef shares changed hands, making it the most active stock on Abu Dhabi’s bourse on Wednesday

Alef Education shares drop 13% on first day

Shares in Alef Education fell 12.6 percent after the company’s Abu Dhabi bourse debut on Wednesday. The education technology company had raised AED1.9 billion ($515 million) in an initial public offering (IPO) that was 39 times over-subscribed. The IPO was priced at AED1.35 ($0.37) a share, the upper limit of its range. However Alef’s shares […]

Almost a quarter of Qatar's population is under 25, adding to the need for more schools

Qatar’s rising population increases demand for schools

Qatar’s growing population is fuelling demand for new schools as investors seek to capitalise on double-digit returns. The Gulf state’s population grew from about 1.45 million in 2008 to roughly 2.9 million last year and is forecast to reach 3.2 million by the end of the decade. That translates into a need for an additional […]

Alef IPO edtech education technology

Alef Education IPO 39 times oversubscribed

Orders totalling more than $20 billion were placed at the IPO of Abu Dhabi’s Alef Education this week, leaving it 39 times over-subscribed.  The company raised AED1.9 billion ($515 million) in its initial public offering, the company said on Thursday. It will become the first education technology business to list on a UAE stock exchange. […]

UAE schools operator Taaleem said student numbers across its portfolio of 32 schools rose to almost 38,000

Taaleem profits rise with surge in UAE student numbers

An increase in student enrolments by more than one-third helped UAE schools operator Taaleem achieve a 53 percent increase in annual profits for the first half of the 2023-24 academic year. Taaleem, which operates schools on behalf of the Abu Dhabi, Dubai and UAE federal governments, said student numbers across its portfolio of 32 UAE […]

Child, Female, Girl Taaleem now operates 31 schools, including Dubai British School, with four more planned school pupils students

Keen students enrol to bring Taaleem ‘record’ revenues

Revenues at the UAE schools operator Taaleem grew by 11.5 percent to a record AED258.7 million ($70.4 million) in the first quarter of the 2023-2024 academic year ending November 30, compared to the same period in 2022-2023, it said on Friday.  Taaleem, which listed on Dubai Financial Market stock exchange in November 2022, also posted […]

Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, attending the Arab Strategy Forum 2024

Dubai unveils $56bn plan to improve standard of living

Dubai has unveiled a AED208 billion ($56.64 billion) ten-year strategy aimed at making the city one of the top three in the world for standard of living. There are also plans to double the number of Emirati families and triple the number of citizens working in the private sector by 2033. “We aim to double […]

Saudi Arabia will need an extra 1.2m school places by 2030, Colliers says

Saudi private schools’ report card points to untapped potential 

Saudi Arabia has the Gulf’s lowest rate of students attending private schools, despite being the region’s largest market, a report has found. Consultancy Colliers, which published its overview of K-12 education (kindergarten to 12th grade, covering ages 5 to 18) in the kingdom last month, attributed the low take-up to issues around education quality and […]

Georgetown University students

Georgetown launch a sign of growing US presence in Dubai

Georgetown University has launched its business programme in Dubai as more US companies set up shop in the UAE. The Washington DC-based university’s McDonagh School of Business this week welcomed its first cohort of 53 students to its new Executive MBA. Located in the Dubai International Financial Centre (DIFC) Academy, the 19-month programme covers business […]

Saudi Arabia Coursera

Saudi and Coursera to train 100,000 new tech workers

Saudi Arabia is teaming up with online learning platform Coursera to train 100,000 new technology workers across the kingdom. Its Ministry of Communications and Information Technology and the National eLearning Center have launched a ‘Fuel’ programme offering training on the platform in various tech-related skills. Aimed at job seekers, graduates and those looking to improve […]

UAE Cop28 climate literacy courses

Cop28 and Coursera launch UAE climate literacy drive

UAE education providers will offer online courses on climate change mitigation, adaptation, finance and other topics through a partnership between e-learning provider Coursera and Cop28‘s organising body. A curated programme of more than 100 courses in climate literacy will be offered in the run-up to and beyond the United Nations conference in Dubai later this […]

GCC new schools Gulf education

GCC needs 1,127 new schools by 2027 as enrolment rises

The Gulf will need over a thousand new schools by 2027, according to a new report published on Wednesday. The prediction is based on the total number of students in the GCC growing by 1.6 percent annually to reach 14.2 million by 2027. Growth in student enrolment numbers at K-12 (kindergarten to 12th grade, or […]