
Taaleem accelerates growth with Harrow launches amid UAE school sector boom
Taaleem is investing Dh600 million to launch two Harrow-branded schools in Abu Dhabi and Dubai

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Al Etihad
3 days ago
- Al Etihad
NMDC LTS concludes acquisition of 70% equity stake in Emdad
4 June 2025 20:03 ABU DHABI (ALETIHAD)The NMDC Group has announced that its wholly owned subsidiary, NMDC LTS, has completed the acquisition of a 70% stake — comprising both share capital and voting rights — in Emdad, an integrated service provider operating across the oil and gas, utilities, and industrial sectors. The transaction was financed through a combination of debt and strategic acquisition allows NMDC Group to expand into the operational expenditure (OPEX) segment of oilfield services, enabling the company to diversify its portfolio further and strengthen its competitive position. Emdad brings a broad suite of services including well intervention, waste management, shutdown and turnaround services, coiled tubing, and valve solutions. In 2024, Emdad reported revenues exceeding Dh600 million, with total equity standing at Dh217 Yasser Zaghloul, CEO of NMDC Group, said: 'We are pleased to complete this landmark acquisition, which signals the beginning of an exciting new chapter for both organisations. Emdad is a distinguished industry leader with strong capabilities and deep sector knowledge. By combining Emdad's strengths with NMDC's scale and focus on innovation, we are creating a powerful platform for long-term value creation. This integration aligns with our diversification strategy and enhances our ability to deliver broader service offerings, create meaningful value, and drive sustainable growth for our clients, partners, and stakeholders across the region's dynamic energy landscape.'Mohammed Juma Al Bawardi, CEO of Emdad, added: 'This milestone transaction underscores both the maturity and appeal of the UAE's energy sector, as well as the trust NMDC places in Emdad's market position. As we join forces through this compelling partnership and integrate with the broader NMDC platform, we are confident of embarking on a new phase of growth. Together, we will unlock deeper value for our customers and work towards our shared vision for sustainable success.' This transaction marks a further step in NMDC's strategy to create long-term value, strengthen its regional presence, and drive revenue growth. It reflects NMDC Group's broader ambitions for expansion and diversification, paving the way for future innovation and industry leadership in the energy sector. Source: Aletihad - Abu Dhabi


Gulf Today
4 days ago
- Gulf Today
GCC student enrolment set to rise in five years: Report
The education sector in the GCC is expanding on record breaking as the number of students in the region is likely to grow by 1.5 million to reach 15.5 million by 2029. This was revealed in a report unveiled by the UAE-based investment banking advisory firm, Alpen Capital. The GCC Education Industry report also features forecasts on the sector, recent analysis on trends, growth drivers and challenges facing the segment. It also profiles select education companies in the region. The report was launched over a webinar followed by a panel discussion featuring Alan Williamson, Chief Executive Officer, Taaleem; Dinesh Kothari, Chairman, Delhi Private School Dubai; Ibrahim Al Turki, Chief Executive Officer, Integrated Development Holding for Education and Training and Amjad Al Omari, Senior Director, Alpen Capital. Hameed Noor Mohamed, Managing Director, Alpen Capital moderated the discussion. The experts while discussing different aspects of the report mentioned that the number of K-12 students in private schools are expected to grow at a slightly faster pace of 2.3% CAGR, as compared to public schools which is forecast to increase at a CAGR of 2.0% between 2024 – 2029. With the exception of UAE, public schools are expected to retain their dominant position in the GCC's K–12 educational landscape, accounting for approximately 70.8% of total enrolments by the end of the forecast period. Among the GCC nations, Saudi Arabia is expected to remain the largest education market, accounting for 64.6% of the region's total student enrolments by 2029. The demand for schools across the GCC region is expected to rise at a CAGR of 1.4% during the forecast period, requiring an addition of more than 2,800 schools by 2029. Within this, demand for private schools is expected to expand at a CAGR of 2.4%, outpacing the public school segment.


Arabian Post
4 days ago
- Arabian Post
Google Wallet to Sever PayPal Links in US from June 13
Google Wallet users in the United States will no longer be able to use PayPal as a linked payment method starting 13 June 2025. The digital wallet platform will automatically remove all connected PayPal accounts, marking the end of a partnership that began in 2017. This change follows Google's earlier decision on 11 April to halt the addition of new PayPal accounts to Wallet. The discontinuation affects only U.S. users; PayPal integration with Google Wallet will remain functional in Germany. Users who previously relied on PayPal for transactions via Google Wallet will need to manually add alternative payment methods, such as credit cards, debit cards, or bank accounts, to continue using the service. While PayPal-branded debit cards will still be accepted, recurring payments set up through PayPal must be updated directly on the merchants' websites. Additionally, PayPal transaction history will no longer be accessible through Google Wallet and must be viewed on PayPal's platform. Neither Google nor PayPal has provided a specific reason for ending the integration in the U.S. However, PayPal has been enhancing its own app with features like tap-to-pay on iPhones in Germany and group payment options, indicating a possible shift towards promoting its native platform for contactless payments.