National Bonds acquires additional stake in Taaleem Holding making it the largest acquisition since Taaleem’s listing on the Dubai Financial Market.
Summary
The acquisition represents the largest of its kind since "Taaleem" listed and traded its shares on the Dubai Financial Market in November 2022.This strategic proposition is part of National Bonds continuous effort to strengthen its presence in the education sector and aligns with its strategy to invest in vital educational services. The education sector in the region is recognized as one of the fastest-growing markets globally, presenting growth and expansion opportunities for "Taaleem" over the long term. Over the past 17 years, it has become as one of the largest providers of distinguished educational services from kindergarten to grade 12 in the United Arab Emirates. Mohammed Qasim Al Ali, the Chief Executive Officer of National Bonds Corporation, expressed his enthusiasm for the acquisition, emphasizing the companys commitment to supporting the education sectors pivotal role in the sustainable development of the UAE. This transaction demonstrates the companys confidence in the successes achieved by the "Taaleem" Group in line with National Bonds investment strategy.National Bonds strategic move is expected to encourage other investors to consider seriously the education sector in UAE, opening up more opportunities for investments in the field and supporting the quality of education for future generations.