Press releases, Reports & Disclosures for Taaleem Holdings PJSC

Taaleem Holdings PJSC, a prominent K-12 education provider in the UAE with 38 schools in its portfolio and listed on the Dubai Financial Market, has announced plans to open a second Harrow International School in Dubai. This initiative is in collaboration with Harrow International Schools Limited and has received initial approval from the Knowledge and Human Development Authority. A land lease agreement has been signed for a 50,000 sqm plot on Hessa Street, with a capacity for 1,800 students. The school is expected to begin operations in the academic year 2026 and will offer a British-style curriculum with state-of-the-art facilities. The campus, designed by KODA architects, will include specialized classrooms, sports and arts facilities, and leadership programs. This addition is anticipated to enhance Taaleem's educational portfolio and provide sustained value through diversification.

Taaleem Holdings PJSC, a leading K-12 premium education provider in the UAE, reported strong financial results for the first half of the 2024/25 fiscal year. The company achieved an 18.2% year-over-year increase in operational revenues, reaching AED 648.8 million, and a 15.4% rise in net profit to AED 160.2 million, maintaining a profit margin of 24.7%. Premium school enrolment grew by 18.8%, while government partnership schools saw a 2.2% increase. Taaleem expanded its premium school capacity by 28.0% and added new schools, including the acquisition of Lycée Libanais Francophone Privé Meydan. The company also secured a land lease on Saadiyat Island for a new super-premium school in Abu Dhabi. Despite higher expenses, EBITDA increased by 13.0% to AED 251.2 million.

Taaleem Holdings P.J.S.C. and its subsidiaries have released their unaudited interim condensed consolidated financial statements for the six-month period ending on February 28, 2025.

A board meeting for Taaleem Holdings PJSC took place on Thursday, 27 March 2025, from 3:00 PM to 5:00 PM. All nine board members were present, achieving a 100% quorum. During the meeting, the Board of Directors approved the Interim Condensed Consolidated Financial Statements for the six-month period ending on 28 February 2025 and agreed to publish them. The meeting was authorized by Khalid Al Tayer, the Chairman of the Board of Directors.

The text is a formal notification from Alan Williamson, the CEO of Taaleem Holdings PJSC, to Mr. Hamed Ahmed Ali, the CEO of the Dubai Financial Market. It informs him about a scheduled Board of Directors meeting for Taaleem Holdings PJSC on Thursday, March 27, 2025, at 3:00 PM. The meeting will take place at the company's office and via remote attendance. The agenda includes approving the interim condensed consolidated financial statements for the six-month period ending February 28, 2025, discussing routine business issues, following up on company activities, and addressing any other matters with the Chairman's permission. The notification is also copied to the Securities and Commodities Authority.

Taaleem Holdings PJSC held a board meeting on Wednesday, March 5, 2025, from 3:00 PM to 5:00 PM. All nine board members were present, achieving a 100% quorum. The meeting focused on discussing routine business issues and following up on the company's activities. The authorized signatory for the meeting was CEO Alan Williamson.

A letter dated 3 March 2025 from Alan Williamson, CEO of Taaleem Holding PJSC, is addressed to Mr. Hamed Ahmed Ali, CEO of the Dubai Financial Market. The letter informs him about a Board of Directors meeting scheduled for 5 March 2025 at 3:00 pm, to be held at the company's office and via remote attendance. The meeting will cover routine business issues, company activities, and any other matters approved by the Chairman. A copy of the letter is also sent to the Securities and Commodities Authority.

Taaleem Holdings PJSC, a prominent K-12 education provider in the UAE, has announced the signing of a Musataha Land Lease Agreement with the Abu Dhabi Department of Education and Knowledge. This agreement, in partnership with Harrow International Schools Limited and the Abu Dhabi Investment Office, will facilitate the launch of Harrow International School Abu Dhabi. The school will be located on a 70,369 sqm plot on Saadiyat Island, known for its cultural and luxury offerings. Harrow International School Abu Dhabi will feature modern facilities and a British-style curriculum, enhancing Taaleem's portfolio and addressing the demand for high-quality educational institutions in the region. The school aims to provide an exceptional educational experience and strengthen Taaleem's educational offerings.

Taaleem Holdings PJSC, a leading K-12 premium education provider in the UAE, reported strong financial results for Q1 2024/25. The company achieved operating revenues of AED 306.1 million, marking a 14.8% increase compared to the previous year. Net profit rose by 46.3% to AED 68.2 million, with a margin increase to 22.3%, partly due to a one-off deferred tax from the previous year. The company saw a 12.3% increase in student enrolment and a 3.0% rise in average gross tuition fees for premium schools. Taaleem expanded its operations by acquiring Lycée Libanais Francophone Privé Meydan and assets from Amity, with a total capital expenditure of AED 437.5 million. The company's EBITDA increased by 7.6% to AED 108.0 million. The addition of two premium schools and one new PPP school increased the total number of schools to 34, with significant growth in both premium and PPP segments. However, the rapid expansion led to a temporary decline in utilisation rates for the premium segment.

Taaleem Holdings P.J.S.C. and its subsidiaries have released their unaudited interim condensed consolidated financial statements for the three-month period ending on November 30, 2024.