ADEK extends contract with Alef Education on current commercial terms

Initially signed in 2019 for 10 years, the contract was extended by two years until 2030. The latest extension takes the agreement’s validity until the end of 2033.

Alef Education was founded in 2016 and is an award-winning AI-powered learning solutions provider for K-12 students. The company is listed on the ADX following a successful IPO in June this year. It operates in nearly 7,000 schools across the UAE, the US, Indonesia and Morocco.

Geoffrey Alphonso, CEO of Alef Education, commented: “We are delighted with this three-year extension to our contract with ADEK. This development underlines the success that Alef Education and ADEK have achieved together in improving student learning outcomes in the UAE and our role in developing the future of human capital.

“Together, we are committed to further empowering students through our AI-powered solutions. This extension will enable Alef Education to drive further innovation within the UAE education sector by utilising technology to support educators while preparing students to reach their full potential.”

The contract will provide services to government school students in Cycle 2 (Grades 5-8) and Cycle 3 (Grades 9-12), with remuneration set at a contractually agreed-upon fixed rate per student. It also allows Alef Education to charge for actual student numbers above the minimum threshold, providing a clear path for potential revenue growth.

This extension is a testament to the successful collaboration between Alef Education and ADEK over the past few years. The company’s AI-integrated Alef Platform offers personalised learning experiences to more than 1.1 million registered students, enabling them to work at their own pace and reach their full potential anytime, anywhere.

Alongside supporting students throughout their educational journey, Alef Education supports 50,000 educators with tools that enrich instruction and enable high-impact interventions to improve student learning outcomes.