KHALEEJ TIMES, Tuesday, Aug 27, 2019 | Zul Hijjah 26, 1440
Gems Education, Hassana complete acquisition of Ma'arif
Saudi Arabia:
Gems Education KSA, a joint venture company owned by the General
Organisation for Social Insurance and Gems Education, has completed the
acquisition of Ma'arif Education and Training Company.
Ma'arif private schools, established in Saudi Arabia, have more than 40 years of
experience in school management, with more than 13 campuses across the Kingdom
and more than 20,000 students enrolled. In line with Saudi's Vision 2030, the
commitment of the new shareholders to improving private education in KSA,
together with Ma'arif's long-standing reputation for high-quality education,
made for an attractive partnership in Saudi Arabia.
Saad Alfadly, chairman of the joint venture company, Gems Education KSA, said:
"We look forward to working with teachers, students and parents who are
currently enrolled in Ma'arif schools and we are excited about welcoming new
families. We are confident that combining the experience, reputation and track
record of Ma'arif and Gems Education will ensure that our schools remain leaders
in academic excellence and the development of our students."
Dr. Mohamed Al-Arfaj, chief executive officer, Maarif Education, said: "We are
excited about this partnership, as it is unprecedented in the region, to
contribute to raising the quality of education within the Kingdom, and raise the
share of Ma'arif for Education in the private education sector in the kingdom.
We look forward to many successes ahead."