Dubai-based Taaleem has acquired the rights to Harrow International Schools Ltd from the UK, which through the centuries has been known as the place where British prime ministers, aristocrats and society figures had their schooling. Taaleem has secured exclusive ownership and operational rights for these schools throughout the UAE.
Harrow School has educated and nurtured some of the world’s most influential figures, including Lord Byron, Winston Churchill, Jawaharlal Nehru, King Hussein of Jordan, and numerous influencers, inventors, artists, and Nobel Laureates.
Apart from the UAE, the master-agreement also allows Taaleem the rights for Saudi Arabia, Bahrain, Oman, Qatar and Kuwait, fitting into Taalem’s plans to expand its regional presence and diversify, which complements its objectives as a Dubai Financial Markets (DFM) listed entity.
On DFM, the Taaleem stock is trading at Dh3.75, slightly off on the 52-week high of Dh4.3. The company had delivered upbeat results on its latest financials, lifted by a continuing strong intake of students across its network. It also has new schools scheduled for opening in the near term.
Khalid Al Tayer, Chairman of Taaleem, said, “This agreement marks a significant milestone for Taaleem as we combine Harrow’s prestigious and long-standing tradition of educational excellence with Taaleem’s regional experience and focus on local culture and values. We are committed to providing our students with the highest standards of education, fostering an environment where they can thrive both academically and personally,”
