As an investor in education in the region, we see the growing need for accessibility. With more competency and skill-based learning trends emerging aimed at bridging the education to employment gap, we believe Amanat can play a key role in supporting governments to close that gap through its portfolio and in turn derive a higher return on investment than more traditional education models.
5
Investments in Education Sector
c.20K
c.5K Beneficiaries and c.15K Students
40
3 Universities and 9 Schools, 28 Daycare and Rehab Centers
Sector Overview
In recent years, an increasingly favorable operating environment coupled with the region’s solid demographic profile has seen the GCC’s K-12 and higher education sector represent an increasingly attractive investment opportunity for international investors and school operators. Growth has been driven by several factors ranging from the generic characteristics of the education sector such as its long-term revenue visibility to more GCC-specific factors. These include the roll-out of several government initiatives, the rising awareness of primary education, demand for more higher education options, the need for overall improvement in the quality of education, and an increase in the population, including that of expatriates.
Investment
Human Development Company (“HDC”)
The Human Development Company (“HDC”) is the leading provider of special care and education services covering educational, medical, and rehabilitation services in KSA. Since its establishment in 2007, HDC has adopted a strategic approach to expansion, underpinned by a codified, scientific, and technical infrastructure. HDC has served over 20,000 beneficiaries and has continuously extended its network of special care and education facilities. Today’s network includes nine schools and 28 day-care centers and specialized rehabilitation medical clinics spread across six provinces in KSA, namely Riyadh, the Eastern Province, Mecca, Aseer, Jazan, and Qassim.
37
9 Schools, 28 Daycare and Rehab Centers
c. 5K
Beneficiaries
c. AED 262 MN
Amanat’s Investment
Investments
NEMA Holding (“NEMA”)
As the largest private higher education institution in Abu Dhabi, NEMA boasts campuses strategically located in Abu Dhabi, Al Ain, and Dubai. With an enrollment of approximately 9,700 students and nearly two decades of experience across the higher education, vocational, and corporate training sectors, NEMA is dedicated to realizing its mission of emerging as the leading platform in the Arab world for higher education and comprehensive learning solutions.
2
Universities (5 campuses)
c. 9.7K
Students
AED 330 MN
Amanat’s Investment
Middlesex University Dubai (“MDX”)
Established in 2005, MDX is the first overseas campus of the internationally renowned Middlesex University in London. With a student body encompassing approximately 4,900 individuals, the institution operates across two campuses, offering students from the GCC region and beyond the opportunity to pursue a high-caliber UK degree and enjoy an unparalleled student life. This degree is validated and monitored through the same system as its London counterpart, providing students with a top-tier educational experience while residing in Dubai.
1
University (2 campuses)
c. 4.9K
Students
AED 419 MN
Amanat’s Investment
Divestments
Taaleem Holdings PJSC (“Taaleem”)
Taaleem Holdings PJSC (“Taaleem”) is one of the largest providers of early learning, primary and secondary education in the UAE with approximately 9,000 students spread across 8 institutions, six of which are located in Dubai and two in Abu Dhabi. It enjoys a reputation for premium education across multiple curricula, including British, American and International Baccalaureate, as well as a multi-lingual early childhood program
AED 198 MN
Amanat’s Investment
AED 350 MN
Amanat’s Divestment
Investment
BEGiN
In October 2020, Amanat successfully concluded its first venture capital investment by participating in the Series C funding round of BEGiN, an acclaimed early education technology company based in the United States. BEGiN has garnered support from prominent investors and partners, including renowned children’s brands such as Sesame Workshop, LEGO Ventures, Gymboree Play & Music, and Fisher-Price. At the forefront of BEGiN’s offerings is its flagship brand, HOMER, which serves as an indispensable proprietary learning framework for young children. The HOMER Method goes beyond imparting academic skills, like literacy and math, extending to the development of personal skills, such as problem-solving and social-emotional awareness. This is achieved through personalized content tailored to children’s interests, age, and learning levels.
AED 18.4 MN
Amanat’s Investment
North London Collegiate School Dubai Real Estate – Dubai (“NLCS-RE”)
In June 2018, Amanat finalized the acquisition of the real estate assets of North London Collegiate School Dubai. Established in the same year, NLCS is a distinguished K-12 school offering a premium International Baccalaureate (IB) curriculum. Renowned as one of the top schools in the UK in terms of academic results in the IB, NLCS operates on a campus with a total land area of 38,217 sqm and a built-up area of 41,143 sqm. Amanat currently leases these assets to the operator through a finance lease arrangement.
AED 408 MN
Amanat’s Investment
Our Diverse Portfolio
Investment: NEMA
Higher Education
Investment: BEGiN
Education Technology
Investment: CMRC Real Estate
Healthcare Real Estate
Investment: CMRC
Post-Acute Care & Rehabilitation
Investment: MDX
Higher Education
Investment: NLCS
Education Real Estate
Investment: Al Malaki Specialist Hospital
Specialist Care
Investment: Sukoon
Post-Acute Extended Care and Critical Care