2 New Schools For Al Najah Education

Al Najah Education, owner of the Horizon schools and Sabari Indian School in Dubai, has announced it will shortly acquire two more schools within the GCC
2 New Schools For Al Najah Education
By C Hoppe
Do your children attend a UAE school? Take our survey and help other parents.
WhichSchoolAdvisor's annual school survey.
LET'S GO

Al Najah Education has announced details of its two-year expansion plan, outlining the purchase of two new schools and in the process doubling the group’s student numbers.

According to Arabian Business, the group has set aside between AED 360 million and AED 540 million for the new schools believed to be in Abu Dhabi and Qatar.

The purchase of both schools should be finalised within eight months.

Chief executive officer of Al Najah Education, Nrupaditya Singhdeo told the publication, “we want to invest another $100m to $150m to build our business and scale it up to a size so that is a visible business which could either be listed or we could do a trade sale.”

He went on to say, the expansion was not based on the number of facilities but rather the number of seats, and the deal would see the groups student numbers rise from 14,000 to 28,000 in the deal.

Singhdeo went on to discuss the possibility of listing Al Najah Education.

However, he was quick to point out, it was unlikely the listing would be within the GCC, instead via either the US or Singapore stock exchanges.

“We will explore where it is the best market to do listing for educational companies or we can follow London depending on our [Avivo Group] healthcare listing. Our ultimate target is listing the education business by March 2019 and so we have two more years to grow the whole platform,” he added.

The publication also reports that Al Najah Education is also looking into the construction of a premium Indian school in Abu Dhabi, with fees around AED 24,000 to AED 40,000 per year.

“Abu Dhabi will be a market if we want to do it and not Dubai or Sharjah. It may have a capacity of 2,500 to 3,500 students that will be built up in phases,” he added.

Comments
Latest UAE articles
Society

Covid school closures return to Abu Dhabi

After only a matter of weeks back in the classroom, with Abu Dhabi schools having returne…

School Performance

Opinion: Unleashing Learning Potential

Children thrive when they have ownership of their own learning in all areas of their life…

Best School

Cool School Libraries from Around the World

International school libraries look very different today. The rows of long tables, antiqu…

Courses & Curricula

International Schools in the UAE

Many parents will know that private school choices in the UAE are dominated by Indian, Br…

Society

Cognita Acquires Horizon English School

Global schools group Cognita has acquired Horizon English School , a long established, K…

Schools Closing

'One of a Kind’ Riverston School Dubai Closes

Riverston School Dubai has officially closed. Almost unique in the UAE, it was initially…

Interviews

Future School Leaders, Katie Williams

Katie Williams is in the midst of helping design Fairgreen International School ’s…

School Performance

Top Schools 'Oscars' Back On for 2021

All 26 categories of the Top Schools Awards, the 'Education Oscars', have been revealed, …

0 Schools Selected
keyboard_arrow_down keyboard_arrow_up
Your selection Clear All