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Article: Al Khayyat, Rasmala and RHT team up to acquire Taaleem stake.
- Article from:
- Gulf News (United Arab Emirates)
- Article date:
- June 19, 2008
CopyrightCOPYRIGHT 2008 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Dubai: Al Khayyat, Rasmala Investments and RHT Partners have made a major foray into the UAE's education sector through their acquisition of a 13 per cent stake in Taaleem, the new brand identity of Madaares PJSC, a private joint stock company spec-ialising in enhancing quality and standards in the regional education sector.
"Having noted with increasing interest the exponential growth in the UAE's education sector, we decided to increase our stakes in this sector," said Amer Al Khayyat, managing director of Al Khayyat Investments.
"The vibrant energy displayed by Taaleem in introducing world class education and quality learning tools as well as the company's speedy ...