Taaleem IPO: UAE parents have a chance to pick schools and their stock too

Taaleem IPO: UAE parents have a chance to pick schools and their stock too

Dubai: The IPO from Dubai school operator Taaleem, and a possible one from GEMS, will garner a lot of interest from a group that knows their operations well enough – parents who have children at these schools. While returns on these investments will depend on how well UAE schools keep doing on new enrolments, education providers could be winners for your stock portfolio. “Picking companies that have shown themselves to be capable of continuing to grow even though disruptions could result in some profitable choices,” said Dr. Matthew Sukumaran, Chief Operating Officer at Heriot-Watt University Dubai. “The economic rigour one experiences in the UAE is conducive for a sector that caters to placements, internships and job opportunities for students.” Taaleem Holdings plans to open four new premium British schools in the next three years through funds raised from the IPO. “We will be building a Dubai British School (DBS) in Mira and one in the heart of Jumeirah,” said Alan Williamson, CEO. “I would encourage parents to invest in the IPO, making this a cooperative concept between the school and stakeholders. Not only can you send your child to a Taaleem school, you can invest in the school and benefit