Dubai — Leading UAE education provider Taaleem Holdings is on track to surpass Dh1 billion in revenue for its 2024–25 financial year, after reporting Dh984.2 million in income over the first nine months — an 18.5% year-on-year increase.
The Dubai Financial Market-listed operator also posted Dh242.3 million in profit, with a solid 24.6% margin. Taaleem’s financial year follows the academic calendar, running from September to August.
Chairman Khalid Al Tayer said the company is now well positioned for more growth, supported by a portfolio of 38 schools and a student base exceeding 41,300 across the UAE.
In a significant move, Taaleem is expanding its reach into early education by acquiring Kids First Group (KFG), which runs 34 nurseries. CEO Alan Williamson noted that the acquisition is part of an “asset-light” strategy to tap rising demand in the nursery segment.
Taaleem is also building two Harrow-branded super-premium schools in Dubai and Abu Dhabi, adding further depth to its K-12 offerings.
To support this expansion, Taaleem increased its capital spending to Dh600.3 million, representing 61% of its operating revenue, and raised its debt to Dh551.2 million. However, net debt remains minimal at just Dh17.4 million, reflecting what the company calls a “strong financial position.”