Dubai's Fajr Capital said on Wednesday that it was part of a group including Blackstone and Bahrain sovereign fund Mumtalakat that acquired a "significant minority stake" in UAE-based GEMS Education.
No price for the
Dubai-based GEMS Education has become the first K-12 Institution in Mena to join SAP’s University Alliances Programme (UAP), which provides hands-on experience of key technology solutions.
The union was announced in Dubai at
A $200 million hybrid sukuk offered by Gems Education, a Dubai-based schools operator, is oversubscribed before final pricing, according to a document from lead arrangers.
Initial pricing thoughts remain at a profit rate of 11.75-
Gems Education, a Dubai-based schools operator, has set initial pricing thoughts of an 11.75-12.00 percent profit rate for its planned debut sale of hybrid Islamic bonds, according to a document from lead arrangers.
The company, w
Deloitte Corporate Finance has acted as financial advisers to Gems Education on raising a Dh2 billion ($545 million) senior debt facility as part of the company’s continuing investment in the education sector.
GEMS Education, a UAE-based education company, has raised a 2 billion dirham ($545 million) loan from local banks for new investments in schools in the region and for refinancing, a company statement said on Sunday.
The loan, whic
Gems Education, an international K-12 education company based in Dubai, has teamed up with Aruba Networks, to install a wireless network solution across all their schools in order to implement a BYOD (bring your own device) initiative.
Varkey Gems Foundation, the philanthropic arm of Gems Education, has supported Sewa Day, a globally recognised initiative encouraging thousands of people to come together with an aim of supporting their local community.
This is do
The schools of the future will be vastly different in 2020 with more focus on ‘Blended Learning,’ according to experts at the annual Global Management Conference held in Dubai.
Blended Learning combines traditional face-to-f
Unesco director-general Irina Bokova will nominate philanthropist, educator and entrepreneur, Sunny Varkey, as a Goodwill Ambassador for Education Partnerships today (April 26).
A special ceremony will be held to mark the occasion a