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Education

The Mena education sector will be worth $175 billion by 2027, according to analyst Industry Arc

Dubai’s ‘continuous growth’ lifts education market

Dubai’s primary and secondary education sector is thriving, according to an industry expert, providing opportunities for landlords, operators and international investors. At the start of this academic year the number of students from kindergarten to twelfth grade, known as K-12, enrolled in the emirate’s 216 private schools stood at 326,000 – a 4.5 percent increase […]

Startup academy

New academy to help Mena startups tap into Africa

As competition within the Middle East’s startup sector intensifies, a new academy is offering free advisory services, especially those looking to scale up in the African market. The DAI Magister Academy, founded last summer by boutique investment bank DAI Magister, has already helped several startups in Africa. It now hopes to develop across the Mena […]

UAE financial literacy

UAE is in ‘first division’ of financial literacy

The UAE is in the ‘first division’ when it comes to financial literacy, according to Alex Fraser, CEO of the London Institute Banking and Finance (LIBF). With just one third of adults worldwide being financially literate, according to Standard & Poor’s Ratings Services Global Financial Literacy Survey, the LIBF is involved in the global challenge […]

Emirati PhD science student Ayesha Abdulla of Khalifa University is recognised for her research converting CO2 to fuel

Emirati student offers solution to combat global warming

An Emirati student is blazing a trail for female participation in science with her pioneering research that aims to offer a cost-effective way to help combat global warming. Ayesha Abdulla Alkhoori, a PhD student of materials science and engineering at Khalifa University, was one of five women from across the GCC to be recognised by […]

Top UAE university launches tender to house students

Companies have been invited to bid for a new public private partnership tender to deliver the accommodation and associated facilities for 3,250 students in Abu Dhabi. The Abu Dhabi Investment Office (Adio), in collaboration with Khalifa University, launched the tender as part of a framework for expanding the role of the private sector in delivering […]

Taaleem CEO plans UAE schools expansion after $204m IPO

Taaleem, the first education company to be listed on the Dubai Financial Market (DFM), is planning to launch new premium school projects in the UAE “in the near future” following its successful initial public offering (IPO). The company is also on a global search for the world’s best teachers as it announced net profit increased […]

Saudi education

Saudi courts world’s universities to meet rising demand

Rapid population growth, changing workforce needs and a preference for citizens to study in their own country is fuelling demand for higher education places in Saudi Arabia.  A total of 2.8 million seats are needed by 2030, according to research by consultancy Colliers. The figure represents a 42 percent increase, or 900,000 additional places over […]

Dubai school operator Taaleem sets IPO price range

Dubai schools operator Taaleem Holdings has announced a price range of between AED2.95 and AED3 ($0.80- 0.82) per share for its upcoming initial public offering. The company plans to list up to 25.32 percent of its share capital with the set price range implying a market capitalisation of between AED2.96 billion and AED3 billion at […]

Taaleem operates in one of the fastest-growing premium K-12 markets in the GCC

UAE’s Taaleem to raise $204m from IPO on Dubai bourse

Taaleem Holdings, the UAE-based K-12 premium education provider with 26 schools, will launch an initial public offering on the Dubai Financial Market to raise AED 750 million ($204.19 million) to expand its network. The company will offer 10 percent of its shares to retail investors starting November 10 and 88 percent to professional investors on […]

Workers across the Gulf are heading online to hone their professional English language skills

English language skills top of learning list for UAE workers

An online course in English for career development from the University of Pennsylvania has emerged as the most popular course in the Mena region and among the top five courses in Gulf countries. In addition, a course in how to write professional emails in English from the Georgia Institute of Technology ranked among the five […]

US firm Safanad to co-invest $200m in Mena education

Safanad, a New York-based private investment firm, will co-invest with Global School Management (GSM) $200 million in the education sector in the Middle East and North Africa, they said on Wednesday. They committed “to invest significantly beyond this to acquire, manage and develop multiple charter, online, early learning, and K-12 private schools independently and in […]

Metaverse

‘The metaverse can change the way we school our children’

Some schools still rely on more traditional teaching methods but an Emirati entrepreneur believes the metaverse has the potential to extend the physical classroom experience. Using blended learning options such as augmented and virtual reality technologies, Amin Al Zarouni, CEO of UAE-based Web3 company Bedu, is aiming to give the Gulf’s education system an overhaul. […]

Dubai’s GEMS Education owners mull $6bn stake sale

UAE-based private school operator GEMS Education is planning to sell a  controlling stake in the business or a market listing in a potential exit route, Bloomberg reported, citing people familiar with the matter. Private equity firm CVC Capital Partners and GEMS founder Sunny Varkey may sell their stakes, which could be valued at as much […]

Person, Human

Class act: UAE is a magnet for private school investment

The post-pandemic rise in migration to the UAE is fuelling demand for private schools, making the Emirates a “magnet” for investors and school operators, industry experts have said. The UAE’s population grew by one percent in 2021, according to the World Bank. The country’s population currently stands at 9.89 million people and is projected to […]

Abu Dhabi funds in talks to invest in Indian edtech firm

Abu Dhabi’s sovereign wealth funds are in active talks with an Indian edtech company to be part of a $400-$500 million proposed fundraising drive, the Economic Times newspaper reported, citing people close to the development. Abu Dhabi-based state holding company ADQ is already an investor in Think and Learn Private Ltd, which owns the Byju’s […]

Will Abu Dhabi’s new tourism vision drive international influx?

Saadiyat Island, the cultural centrepiece of Abu Dhabi’s tourism offering, has unveiled a new vision which seeks to attract 19 million visitors and contribute AED 4.2 billion ($1.1 billion) in direct revenue by 2025. The Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) and developer Miral unveiled the new strategy to support […]

Lobby, Room, Indoors

Google gives $100,000 worth of tech training to every US business

Alphabet Inc’s Google will provide any US business over $100,000 worth ofonline courses in data analytics, design and other tech skills for their workers free of charge, the search company said on Monday. The offer marks a big expansion of Google’s Career Certificates, a program the company launched in 2018 to help people globally boost […]

Pearson maintains momentum after rejecting takeover

Pearson beat first-quarter forecasts and said it would benefit from a lowertax rate this year, underscoring confidence at the education group after it rejected a private equity offer in March. The British company, emerging from years of turbulence sparked by the US education market moving online, reported a better-than-expected 7 percent rise in first-quarter underlying […]