Aldar expands its education portfolio across Abu Dhabi, Dubai, Bahrain

Aldar expands its education portfolio across Abu Dhabi, Dubai, Bahrain

ABU DHABI, 31st July, 2023 (WAM) -- Aldar Properties (“Aldar”) has bolstered its investment in its education business, with over AED 350 million added to the initial AED 1 billion commitment announced in 2022.

The capital deployed marks Aldar Education’s expansion into Dubai and Bahrain, as well as a new acquisition in Abu Dhabi.

Aldar Education's expansion plan includes the establishment of Cranleigh Bahrain, which will be the first branded premium school in Bahrain to offer a British International Curriculum when it opens in 2024. Cranleigh Bahrain will be a co-educational school following the British International Curriculum for students ranging from Pre-Prep to Year 13. This represents a significant milestone for Aldar Education as it expands its reach beyond the UAE and brings its renowned high-quality education standards to the Kingdom of Bahrain.

The increased investment also includes the acquisition of Kent College Dubai and Virginia International Private School in Abu Dhabi, two well-established education institutions in the UAE.

The acquisition of Kent College Dubai, that is subject to customary regulatory approvals, represents Aldar Education’s first entry into Dubai, while the acquisition of Virginia International Private School expands the company’s presence, reach, and offering in Abu Dhabi’s education sector.

Jassem Saleh Busaibe, Chief Executive Officer