Taaleem Holdings PJSC

Ticker/ISIN
TAALEEM
AEE01136T220
Market/Country
Dubai Financial Market
United Arab Emirates
Latest Stock Price
3.73 AED
2024-07-05

Year to date

-0.04 %

3 months

-0.03 %

6 months

-0.08 %

1 year

-0.03 %

3 years

0.00 %

5 years

0.00 %

Taaleem Holdings was established on 14 February 2007 as a private joint stock company pursuant to a its articles of association and commercial license issued by Dubai Department of Economy and Tourism.

The Company was converted to a public joint stock company and it shares were listed on DFM on 29 November 2022. 

Company's Activities are detailed in AOA and Listing Prospectus.

Latest Pressrelease Summaries

Taaleem Holdings PJSC
Taaleem Holdings PJSC, a leading K-12 premium school operator in the UAE and the first private education company listed on the Dubai Financial Market (DFM: TAALEEM), announced its financial results for the first nine months and third quarter of the 2023/24 fiscal year, ending May 31, 2024. The company will host a Microsoft Teams session on July 10, 2024, at 3 p.m. GST to discuss these results, recent achievements, and developments. Shareholders are invited to register for the event to receive participation details. The AED 750 million raised in Taaleem's IPO will be used to expand its K-12 premium education schools in the UAE. For more information, visit www.taaleem.ae.
Taaleem Holdings PJSC
Taaleem Holdings PJSC, a leading K-12 premium education provider in the UAE, reported record revenues of AED 830.7 million for the nine-month period ending May 31, 2024, marking a 15.0% year-over-year increase. This growth was driven by a 32.9% increase in student enrolment, reaching 37,954 students, and the addition of six new government partnership schools. The company's EBITDA rose by 26.9% to AED 338.9 million, and net profit before tax increased by 38.9% to AED 277.6 million. Total student capacity grew by 27.1% to 42,953 seats, with a blended utilisation rate of 88.4%. The expansion includes the upcoming operations of Dubai British School Jumeira and the expansion of Greenfield International School for the academic year 2024/25.
Taaleem Holdings PJSC
On July 4, 2024, Taaleem Holdings PJSC held a board meeting from 3:00 PM to 5:00 PM, with seven board members present, achieving a 78% quorum. The Board approved and decided to publish the Interim Condensed Consolidated Financial Statements for the nine-month period ending May 31, 2024. The meeting was chaired by Khalid Al Tayer, Chairman of the Board of Directors.
Taaleem Holdings PJSC
The letter from Alan Williamson, CEO of Taaleem Holdings PJSC, informs Hamed Ahmed Ali, CEO of Dubai Financial Market, about a scheduled Board of Directors meeting. The meeting will take place on Thursday, July 4, 2024, at 3:00 PM at the company's office and via remote attendance. The agenda includes reviewing and approving the Interim Condensed Consolidated Financial Statements for the nine-month period ending May 31, 2024, discussing routine business issues, following up on company activities, and addressing any other matters with the Chairman's permission. A copy of the letter is also sent to the Securities and Commodities Authority.
Taaleem Holdings PJSC
Taaleem Holdings PJSC has signed a master agreement with Harrow International Schools Limited (HISL), effective June 2024. This agreement grants Taaleem the exclusive rights to own and operate Harrow International Schools in the UAE, Saudi Arabia, Bahrain, Oman, Qatar, and Kuwait. These schools will join Harrow's global network, known for its educational excellence, co-curricular programs, and emphasis on character development and leadership. This partnership aligns with Taaleem's strategy to enter the super-premium school segment and expand its presence in the Gulf Cooperation Council (GCC).
Taaleem Holdings PJSC
Taaleem Holdings PJSC has announced the official completion of the Dubai British School Jumeira (DBS Jumeira), a new addition to their network of Dubai British Schools. This new state-of-the-art facility, located in Jumeira along Dubai’s iconic water canal, is ready to welcome students for the academic year 2024/25. Designed to accommodate up to 1,900 students, the school features advanced educational technologies and extensive recreational facilities to enhance both academic and extracurricular experiences. Due to high demand, DBS Jumeira has already entered a waitlisting phase for enrollment. This marks the fourth school in Taaleem’s DBS network, demonstrating their commitment to providing premium education in the UAE and reflecting their dedication to advancing educational excellence and accessibility in the region.
Taaleem Holdings PJSC
The board meeting of Taaleem Holdings PJSC was held on Thursday, 6 June 2024, from 3:00 PM to 4:30 PM at Century Plaza, Dubai. Eight board members were present, achieving an 89% quorum. The meeting focused on discussing routine business issues and following up on the company's activities. The meeting was authorized by Khalid Al Tayer, the Chairman of the Board of Directors.
Taaleem Holdings PJSC
Taaleem Holdings, a UAE-based K-12 premium education provider, posted record revenue of AED 548.7M for H1 2023/24, a 15% YoY increase. The firm also saw EBITDA grow by 32.5% YoY to AED 222.3M and a 53% YoY increase in net profit before tax to AED 182.8M. This growth was driven by a 33.2% YoY increase in student enrolment, additional schools, interest gains on cash reserves, and a low debt position. Taaleem also made strong progress on strategic execution and greenfield projects, and welcomed six new government partnership schools. The company's chairman and CEO expressed commitment to delivering top-tier educational outcomes and supporting sector growth.

Threads

Dubai Financial Market News

Dubai Financial Market News

News Update From Taaleem Holdings PJSC

Disclosure: Notice of Board of Directors Meeting

1. Attached Document

Dubai Financial Market News

Dubai Financial Market News

News Update From Taaleem Holdings PJSC

Disclosure: Press release

Taaleem Holdings, a UAE-based K-12 premium education provider, posted record revenue of AED 548.7M for H1 2023/24, a 15% YoY increase. The firm also saw EBITDA grow by 32.5% YoY to AED 222.3M and a 53% YoY increase in net profit before tax to AED 182.8M. This growth was driven by a 33.2% YoY increase in student enrolment, additional schools, interest gains on cash reserves, and a low debt position. Taaleem also made strong progress on strategic execution and greenfield projects, and welcomed six new government partnership schools. The company's chairman and CEO expressed commitment to delivering top-tier educational outcomes and supporting sector growth.

1. Attached Document

Dubai Financial Market News

Dubai Financial Market News

News Update From Taaleem Holdings PJSC

Disclosure: Results of BOD meeting

The Board of Directors of Taaleem Holdings PJSC held a meeting on March 28, 2024, from 3:00 pm to 5:00 pm. The meeting was attended by all nine board members, achieving a 100% quorum. The board approved the Interim Condensed Consolidated Financial Statements for the six-month period ending on February 29, 2024, and agreed to publish them. The meeting's resolutions were signed by Khalid Al Tayer, the Chairman of the Board of Directors.

1. Attached Document

Dubai Financial Market News

Dubai Financial Market News

News Update From Taaleem Holdings PJSC

Disclosure: Financial statements for the first half of 2024

The text appears to be an introduction to the unaudited interim condensed consolidated financial statements of Taaleem Holdings P.J.S.C. and its subsidiaries for the six-month period ending on 29 February 2024.

1. Attached Document

Dubai Financial Market News

Dubai Financial Market News

News Update From Taaleem Holdings PJSC

Disclosure: Earnings Call Invitation

Taaleem Holdings PJSC, a leading K-12 premium school operator in the UAE, will present its financial results for H1 & Q2 of 2023/24 on March 28, 2024. The company has invited its shareholders to a Microsoft Teams session on April 2, 2024, where it will share details of its financial performance, recent achievements, and developments. The company, which is the first private education firm listed on the Dubai Financial Market, plans to use the AED 750 million raised in its IPO to expand its K-12 premium education schools.

1. Attached Document

Dubai Financial Market News

Dubai Financial Market News

News Update From Taaleem Holdings PJSC

Disclosure: BOD Meeting

On March 25, 2024, a letter was sent to Mr. Hamed Ahmed Ali, the CEO of Dubai Financial Market, from Alan Williamson, the CEO of Taaleem Holdings PJSC. The letter informed Mr. Ali about a scheduled Board of Directors meeting for Taaleem Holdings PJSC. The meeting is set for March 28, 2024, at 3:00 pm, at the company's office premises and will also be accessible remotely. The agenda includes reviewing and approving the Interim Condensed Consolidated Financial Statements for the three-month period ended on February 29, 2024, discussing routine business matters, following up on the company's activities, and addressing any other topics approved by the Chairman. A copy of the letter was also sent to the Securities and Commodities Authority.

1. Attached Document

Dubai Financial Market News

Dubai Financial Market News

News Update From Taaleem Holdings PJSC

Disclosure: Results of BOD meeting

The board meeting of Taaleem Holdings PJSC took place on February 29, 2024. The meeting, which started at 3:00 pm and ended at 5:00 pm, was attended by eight board members, achieving an 89% quorum. The meeting focused on discussing routine business issues and following up on the company's activities. The authorized signatory for the meeting was the CEO, Alan Williamson.

1. Attached Document

Dubai Financial Market News

Dubai Financial Market News

News Update From Taaleem Holdings PJSC

Disclosure: BOD Meeting

The CEO of Taaleem Holdings PJSC, Alan Williamson, has sent a letter to Mr. Hamed Ahmed Ali, the CEO of Dubai Financial Market. The letter informs Mr. Ali about a scheduled Board of Directors meeting on Thursday, 29th of February 2024 at 3:00 pm. The meeting will be held at the company's office premises and will also be accessible via remote attendance. The agenda for the meeting includes discussing routine business issues, following up on the company's activities, and addressing any other matters with the Chairman's permission. The Securities and Commodities Authority have also been CC'd in the letter.

1. Attached Document

DFM News

DFM News

News Update From Taaleem Holdings PJSC

Disclosure: Results of BOD meeting

A board meeting was held by Taaleem Holdings PJSC on 11 January 2024. The meeting started at 3:00 pm and ended at 5:00 pm with all nine board members present, achieving a 100% quorum. The board resolved to approve the Interim Condensed Consolidated Financial Statements for the three-month period ended 30 November 2023 and authorized their publication. The authorized signatory for the meeting was Khalid Al Tayer, the Chairman of the Board of Directors.

1. Attached Document

DFM News

DFM News

News Update From Taaleem Holdings PJSC

Disclosure: Financial statements for the first QTR of 2024

The text represents the unaudited interim condensed consolidated financial statements of Taaleem Holdings P.J.S.C. and its subsidiaries for the three-month period ending on 30th November 2023.

1. Attached Document