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- Bahrain All Share Index, Islamic Index close higher
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26/07/2015 05:32 AST
GFH Capital, a subsidiary of GFH Financial Group, has agreed to acquire a majority stake (80%) in a leading, Dubai-based private school.
The School was established in 2004 and is located in close proximity to Sharjah. Over 1,600 international students are currently enrolled at the School and are educated in the British curriculum. Building on its strong reputation, the School has reported steady growth in enrollment year on year, a trend which is expected to continue in line with the growing demand for high quality, international standard education in the UAE and across the MENA region.
Hisham Alrayes, Managing Director of GFH Capital, said "we are delighted to grow our education portfolio with the acquisition of another leading private school in Dubai. The School provides education utilizing the high quality British curriculum for which we are seeing a significant rise in demand. The need and willingness of parents to spend on world-class education, coupled with economic and population growth in Dubai, makes this sector and transaction an attractive one that is expected to provide GFH Capital and our co-investors with high yield and double digit returns."
GFH's strategy is focused on investing in cash yielding opportunities in defensive sectors, such as education, that have sound growth potential. In May 2014, GFH Capital acquired a Dubai based, American curriculum private school offering K-12 education to a student body of more than 1,300 pupils and growing.
Saudi Gazette
14/03/2016
Gulf Financial House (GFH) Financial Group announced that it will hold its ordinary general meeting on March 29 at the group's headquarters in Bahrain Financial Harbour.
The meeting will d
Gulfnews
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| IHC | 401.70 | -0.30 (-0.08 |
| FAB | 13.90 | -0.14 (-1.00 |
| EMIRATESNBD | 20.15 | -0.30 (-1.47 |
| ADCB | 11.10 | -0.22 (-1.95 |
| EIB | 12.25 | 0.00 (0.00 |
25/04/2025
Saudi Awwal Bank (SAB), one of the leading banks in Saudi Arabia, has signed SR2 billion credit facility agreement with the Saudi Binladin Group, a subsidiary of Binladin International Holding Group,
Saudi Gazette
24/04/2025
The Dubai-based logistics firm Aramex has confirmed a new acting CEO after Othman AlJeda, the incumbent, resigned for personal reasons.
The change at the top comes just weeks after Abu Dhabi
Gulfnews
24/04/2025
The leading UAE banks have put up some sizable growth in their Q1-2025 results, with ADIB's net profit before tax totalling Dh1.9 billion - and that's from an impressive 18% gain year-on-year.
Gulfnews
24/04/2025
Salalah Port has received five modern dual-fuel methanol-powered container vessels from Maersk's fleet, marking a significant milestone in the port's infrastructure development and readiness to accom
Times of Oman
24/04/2025
QNB has launched a new campaign, aimed at rewarding customers to use their QNB Mastercard debit cards for everyday purchases.
The campaign, taking place from April 24-June 24, will offer win
Gulf Times
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