Dubai’s GEMS Education Secures $3.25 bn New Funding Facility

GEMS Education, one of the world’s top K-12 private education providers, has just finalised a significant financing and investment deal.

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GEMS Education has secured a new sustainability-linked funding facility from a group of local lenders, including Dubai Islamic Bank, Mashreq Bank, Abu Dhabi Commercial Bank, and First Abu Dhabi Bank.

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It has committed major investments alongside regional and international investors such as Gulf Islamic Investments, Marathon Asset Management, and the State Oil Fund of the Republic of Azerbaijan.

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These financing and investment initiatives, therefore, further diversify the GEMS Education financial base and increase the level of resources at its disposal in any pursuit of growth strategies.

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Founded in Dubai in 1959, GEMS Education has grown from a single school into one of the world’s largest private K-12 education providers, serving 140,000 students.

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Dubai Islamic Bank played a lead role in the structuring of this highly complex financing arrangement, thereby underlining its solid relationship with GEMS.

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