Saudi Arabia's Alkhabeer acquires stakes in UAE, Saudi schools

Saudi Arabia-based Alkhabeer Capital has acquired a 100 percent equity school in Dubai-based Capital School and Khobar-based Azezeyah private school, the company announced on Sunday 10, March, 2019. Additionally, AlKhabeer has acquired a 90 percent stake in the Riyadh-based Tanmiyah Company. All the investments were completed through Alkhabeer’s Education Private Equity Fund II and Alkhabeer Education Private Equity III, both of which were launched in the fourth quarter of 2018.

Source: https://www.arabianbusiness.com/education/415026-saudi-arabias-alkhabeer-acquires-stakes-in-uae-saudi-schools

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