GFH acquires AMA International University – Bahrain

GFH acquires AMA International University – Bahrain

TDT | Manama

The Daily Tribune – www.newsofbahrain.com

GFH Financial Group (GFH) announced that it has successfully completed the acquisition of AMA International University - Bahrain (AMAIUB), further building the Group's local and regional education portfolio currently valued at $250 million and growing.

The transaction, valued in excess of $100 million, will see GFH assume the lead in the management of the University on behalf of its partners, leveraging its strong and long-standing track record and experience in the sector.

AMAIUB, established in Bahrain in 2002, offers international standard undergraduate and graduate programs in the fields of Finance and Business Administration, Computer Science and Engineering and is the second largest university in the Kingdom after the University of Bahrain.  As of the 2020 academic year, the University's student body stood at over 2,500 across its various degree programs. This number