UAE-based education provider Taaleem Holdings has secured two strategic financing agreements worth a collective $263m with Emirates Islamic to accelerate its growth and expansion.
It is broken into two agreements, the first will fund Taaleem’s acquisition of a majority stake in Kids First Group, which operates 34 nurseries across the UAE and Qatar. The second will finance the construction of a new Harrow-branded school, marking Taaleem’s entry into the super-premium education segment.
The agreements strengthen the education group’s expansion strategy while supporting Emirates Islamic’s commitment to financing projects aligned with the UAE’s National Strategy of Higher Education 2030.
Gulf Economist Staff Writer