Aldar Properties has announced its expansion of investment in the education sector across Dubai, Abu Dhabi and Bahrain. This includes the acquisition of Kent College Dubai and Virginia International Private School, Abu Dhabi.
The group announced a commitment of AED1 billion in 2022 and the new announcement adds a further AED350 million to the investment portfolio.
Aldar Education’s plan includes the establishment of Cranleigh Bahrain, the first branded premium school in the country to offer a British International Curriculum.
Acquisitions in UAE include Kent College Dubai and Virginia International Private School in Abu Dhabi with the Kent College acquisition subject to customary approvals, set to be the firm’s entry into the city.
Expanding Aldar: Quality education for all
Jassem Saleh Busaibe (below), Chief Executive Officer at Aldar Investment, said: “This investment not only demonstrates our commitment to transformational growth but also our ability to successfully deliver on building scale and enhancing asset and geographical diversification across our platform.
“We made our first entry to Dubai earlier this year, which was a milestone moment for us, and this investment represents another significant step forward as we continue to forge ahead with our expansion plans in the region. Through building on our established and growing foothold in the education sector, we aim to ensure that more families can benefit from the quality, innovative education we offer in our schools.”
Sahar Cooper (below), Chief Executive Officer of Aldar Education, said: “Our vision at Aldar Education is to be more than just a leading education provider. We aim to create a vibrant and dynamic environment where every student flourishes and develops a lifelong passion for learning.
“Through this expansion, we are enhancing our ability to have a positive impact on students across the UAE and the wider region, providing them with the optimal environment and relevant tools to unlock their full potential and nurture their talents. As we continue to scale our platform, we look forward to bringing our best-in-class education platform to more families across the region.”
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