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Article: Al Khayyat, Rasmala Investments and RHT acquire 13 per cent stake in Taaleem
- Article from:
- Al Bawaba
- Article date:
- June 19, 2008
CopyrightCopyright 2008 Al Bawaba. Provided by ProQuest LLC. (Hide copyright information)
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Al Khayyat, Rasmala Investments and RHT Partners have made a
major foray into the UAE's education sector through their
acquisition of 13 per cent stake in Taaleem, the new brand identity
of Madaares PJSC, a private joint stock company specializing in
enhancing quality and standards in the regional education sector.
"Having noted with increasing interest the exponential growth in
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 growth prompted us to acquire this ...