Latest news with #TaaleemHoldings
Zawya
07-07-2025
- Business
- Zawya
Taaleem Holdings generates higher profits in 9M-24/25; revenues up 18.5%
Dubai – Taaleem Holdings logged net profits valued at AED 242.25 million in the first nine months (9M) of fiscal year (FY) 2024/2025, an annual rise of 7.60% from AED 225.19 million. Basic and diluted earnings per share (EPS) amounted to AED 0.24 in 9M-24/25, up year-on-year (YoY) from AED 0.23 at the end of May 2024, according to the financial results. Meanwhile, the revenues surged by 18.50% YoY to AED 984.17 million at the end of May 2025 from AED 830.72 million. Financials for Q3-23/24 In the third quarter (Q3) of FY24/25, Taaleem Holdings generated lower net profits at AED 82.02 million, compared to AED 86.37 million a year earlier. Revenues hiked to AED 335.42 million in Q3-24/25 from AED 282.07 million in Q3-23/24, while the EPS dropped AED 0.08 from AED 0.09. Alan Williamson, CEO of Taaleem Holdings, commented on the group's performance: 'We accelerated investment across our platform, with CAPEX reaching AED 600.30 million, or 61% of operating revenue, as we invested in acquisitions, new schools, and existing schools.' 'This was supported by an increase in total debt to AED 551.20 million, in line with our growth strategy, while our financial position remains strong with net debt at just AED 17.40 million,' Williamson added. 'We have the asset-light acquisition of KFG, poised to benefit from rising demand in the early education segment while maintaining financial prudence. With our acquisitions and expansions on track, we remain firmly focused on expanding our impact across the UAE's education landscape.' All Rights Reserved - Mubasher Info © 2005 - 2022 Provided by SyndiGate Media Inc. (
Zawya
04-07-2025
- Business
- Zawya
Mideast Stocks: UAE stocks inch higher as geopolitical tensions ease, AI sector shines
Stock markets in the United Arab Emirates closed slightly higher on Friday, buoyed by easing geopolitical tensions and cautious optimism around a potential ceasefire deal between Israel and Hamas as well as Iran's commitment to nuclear non-proliferation. Iran remains committed to the nuclear Non-Proliferation Treaty and its safeguards agreement, Foreign Minister Abbas Araqchi said on Thursday, a day after Tehran enacted a law suspending cooperation with the U.N. nuclear watchdog. Israeli officials said prospects for reaching a ceasefire and hostage deal appeared high, nearly 21 months since the war between Israel and Hamas began. In Dubai, the main stock index ended the day 0.1% higher after spending most of the session in negative territory. The late recovery was driven by a 1.3% gain in Emirates NBD Bank and a 1.2% rise in Dubai Investments. However, Taaleem Holdings, a major operator of international schools, fell 1.2% after reporting a 5% drop in third quarter net profit to 82.03 million dirhams ($22.33 million). Abu Dhabi's benchmark index also edged up 0.1%, supported by strong performances in AI and next-generation technology stocks. Presight AI, a big data analytics firm, surged 14.9% to an all-time high of 3.9 dirhams per share since its listing in March 2023. Space42, an AI-powered space technology company, jumped 10.4%, marking its biggest intraday gain since May 2023. According to Traze CEO Erkin Kamran, AI and tech stocks are likely to remain in favour as the UAE accelerates its push to become a global AI hub. Easing U.S.-China trade tensions and reduced restrictions on AI exports are also expected to attract more investor interest in the sector. For the week, the Abu Dhabi and Dubai indexes logged 1% and 1.2% gains respectively, according to LSEG data. Oil prices - a key catalyst for the Gulf's financial markets - drifted lower on Friday as eight OPEC+ countries are likely to make another accelerated oil output increase for August at a meeting on Saturday, sources from the producer group told Reuters, as they seek to regain market share. Brent crude was down 0.7% at $68.29 a barrel by 1204 GMT. ABU DHABI rose 0.1% to 9,981 DUBAI up 0.1% to 5,753
Yahoo
20-06-2025
- Business
- Yahoo
Identifying Undiscovered Gems in the Middle East for June 2025
As geopolitical tensions in the Middle East continue to influence market dynamics, many Gulf markets have seen a retreat, with indices such as Dubai's main share index and Abu Dhabi's index experiencing declines. Despite these challenges, the search for undiscovered gems remains crucial, as identifying stocks with strong fundamentals and growth potential can provide valuable opportunities even amidst broader market volatility. Name Debt To Equity Revenue Growth Earnings Growth Health Rating MOBI Industry 6.50% 5.60% 24.00% ★★★★★★ Alf Meem Yaa for Medical Supplies and Equipment NA 17.03% 18.37% ★★★★★★ Baazeem Trading 8.48% -2.02% -2.70% ★★★★★★ Sure Global Tech NA 11.95% 18.65% ★★★★★★ Saudi Azm for Communication and Information Technology 2.07% 16.18% 21.11% ★★★★★★ Nofoth Food Products NA 15.75% 27.63% ★★★★★★ National General Insurance (P.J.S.C.) NA 14.55% 29.05% ★★★★★☆ National Corporation for Tourism and Hotels 19.25% 0.67% 4.89% ★★★★☆☆ Waja 23.81% 98.44% 14.54% ★★★★☆☆ Saudi Chemical Holding 79.49% 16.57% 44.01% ★★★★☆☆ Click here to see the full list of 217 stocks from our Middle Eastern Undiscovered Gems With Strong Fundamentals screener. Underneath we present a selection of stocks filtered out by our screen. Simply Wall St Value Rating: ★★★★☆☆ Overview: Taaleem Holdings PJSC is a company that provides and invests in education services in the United Arab Emirates, with a market capitalization of AED3.79 billion. Operations: Revenue for Taaleem primarily comes from school operations, amounting to AED1.05 billion. Taaleem Holdings PJSC, a nimble player in the UAE's education sector, has demonstrated robust earnings growth of 16.9% over the past year, outpacing the industry average of 6.7%. With sales for Q2 2025 reaching AED 343.74 million compared to AED 282.54 million previously, revenue and net income figures also showed positive trends at AED 20.1 million and AED 92.02 million respectively for the quarter ended February 28, though net income was slightly lower than last year's same period at AED 92.19 million. The company's debt-to-equity ratio has risen from 19.9% to a more leveraged position of 29.1%, yet its interest obligations are comfortably covered by EBIT at nearly fifty times over—demonstrating financial resilience amidst strategic expansion efforts targeting premium segments despite potential margin pressures from higher costs associated with these initiatives. Taaleem Holdings PJSC plans to add 10,000 seats by 2026 through strategic expansion. Click here to explore the full narrative on Taaleem's growth strategy and market positioning. Simply Wall St Value Rating: ★★★★★★ Overview: Ackerstein Group Ltd is involved in production, infrastructure, construction, and development activities in Israel and the United States, with a market capitalization of ₪2.55 billion. Operations: Ackerstein Group's revenue primarily comes from its Engineering Segment, generating ₪560.42 million, followed by the Industry Sector at ₪289.34 million and the Real Estate Sector at ₪47.92 million. The Industry Sector Abroad contributes an additional ₪57.57 million to the total revenue stream. Ackerstein Group, a notable player in the Middle East's basic materials sector, showcases impressive financial health with earnings growth of 48.8% over the past year, outpacing the industry average of -6.7%. The company's interest payments are well-covered by EBIT at 50.8 times, indicating strong operational efficiency. A significant one-off gain of ₪62.3 million impacted its recent financial results, highlighting some volatility in earnings quality. Over five years, Ackerstein has reduced its debt to equity ratio from 43.3% to a satisfactory 12%, reflecting prudent debt management strategies amidst a highly volatile share price environment recently observed over three months. Take a closer look at Ackerstein Group's potential here in our health report. Gain insights into Ackerstein Group's historical performance by reviewing our past performance report. Simply Wall St Value Rating: ★★★★★☆ Overview: Y.D. More Investments Ltd is a privately owned investment manager with a market capitalization of ₪1.77 billion, focusing on various financial management services. Operations: The company's primary revenue streams include management of provident and pension funds, generating ₪540.82 million, and mutual fund management with revenues of ₪231.26 million. Investment portfolio management contributes an additional ₪34.40 million in revenue. Y.D. More Investments, a nimble player in the Middle East market, has shown robust growth with earnings up 38.9% over the past year, outpacing the industry average of 28.5%. The company's net income for Q1 2025 surged to ILS 31.62 million from ILS 17.11 million a year prior, while revenue climbed to ILS 230.15 million compared to last year's ILS 188.26 million. Despite a volatile share price recently, Y.D.'s debt-to-equity ratio rose from just 0.3% to an elevated level of 62.7% over five years, indicating increased leverage but also potential for strategic expansion and investment opportunities in its sector. Click here and access our complete health analysis report to understand the dynamics of Y.D. More Investments. Understand Y.D. More Investments' track record by examining our Past report. Delve into our full catalog of 217 Middle Eastern Undiscovered Gems With Strong Fundamentals here. Are these companies part of your investment strategy? Use Simply Wall St to consolidate your holdings into a portfolio and gain insights with our comprehensive analysis tools. Enhance your investing ability with the Simply Wall St app and enjoy free access to essential market intelligence spanning every continent. Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. Find companies with promising cash flow potential yet trading below their fair value. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include DFM:TAALEEM TASE:ACKR and TASE:MRIN. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@
Al Etihad
19-06-2025
- Business
- Al Etihad
Taaleem signs deal to acquire 95% stake in Kids First Group
19 June 2025 09:38 A. SREENIVASA REDDY (ABU DHABI)Taaleem Holdings, a leading K–12 premium education provider in the UAE and a Dubai Financial Market-listed company, has signed a deal to acquire a 95% stake in Kids First Group Limited (KFG), a prominent early-years education network operating across the a stock market disclosure on Thursday, Taaleem said the acquisition will be funded through a mix of equity and debt and is expected to close by the fourth quarter of its 2024/25 financial year, subject to regulatory approvals. The cost of the transaction was not disclosed in the statement. 'This strategic move reinforces our defensive positioning and our commitment to scalable, high-quality education in the region,' said Alan Williamson, Chief Executive Officer of Taaleem, in the operates over 30 premium nurseries in Dubai, Abu Dhabi, and Doha under well-known brands such as Redwood Montessori Nursery, Odyssey Nursery, Willow Children's Nursery, Ladybird Nursery, and Children's Oasis Nursery. The group serves over 5,000 students and employs more than 1,000 said the acquisition allows it to strategically expand into the rapidly growing early learning education sector, complementing its existing portfolio of 32 schools — which includes 10 premium private schools and 22 government-partnership institutions. Its premium schools span international curricula: five IB schools, four British curriculum schools, and one American curriculum to the company, KFG's scalable model and profitability will immediately enhance Taaleem's earnings and cash flow. Post-acquisition, KFG will operate as a standalone vertical within the Taaleem group, with its founder — who retains a 5% stake — continuing as CEO alongside the existing management which was listed on DFM in November 2022, currently has a market capitalisation of Dh3.6 billion. It is indirectly owned by the Government of Dubai, with National Bonds and Knowledge Fund holding stakes of 22.5% and 13.7% respectively. The company said it would hold a dedicated virtual investor call to provide further details on the transaction.
Zawya
28-05-2025
- Business
- Zawya
Mideast Stocks: Most Gulf bourses advance in early trade, along with oil prices
Stock markets in the Gulf gained early on Wednesday as oil prices rose, although the advance was limited by expectations of an output hike at an OPEC+ meeting scheduled later this week. In addition, Saudi Arabia, the world's biggest oil producer, may cut its crude prices for Asian buyers in July to its lowest in six months. Saudi Arabia's benchmark index was up 1.08%. The July official selling price for flagship Arab Light crude may drop by 40 to 50 cents to between 90 cents and $1 a barrel from the previous month, four Asian refining sources told Reuters in a survey. Oil prices inched up on Wednesday with concerns looming over supply after the U.S. barred Chevron from exporting crude from Venezuela. Gains were limited as markets awaited OPEC+ group's decision on the output hike later this week. Brent crude futures rose 7 cents, or 0.1%, to $64.16 a barrel by 0640 GMT. Meanwhile, EU officials have asked EU leading companies and CEOs for details of their U.S. investment plans as Brussels prepares to advance trade talks with Washington. Uncertainity over U.S. President Donald Trump's chaotic trade policies continues to linger. Nasdaq futures dipped 0.03% in Asia trading, while S&P 500 futures eased 0.06%. Markets in the UAE varied, with Dubai's main share index inching down 0.07% and Abu Dhabi's benchmark index up 0.51%. In Dubai, education services provider Taaleem Holdings was down 2.43%. Maritime and shipping company Gulf Navigation Holding gained 3.66% after GulfNav and Brooge signed an AED 3.2 billion ($871.32 million) pact to buy the assets and subsidiaries of Brooge. Bucking the trend, Qatar's benchmark stock index was down 0.36%, marking a fourth consecutive session of losses. Integrated telecom services provider Ooredoo was the top loser on the index, down 0.71%. Qatar National Bank, the largest bank in the region by assets, was down 0.56% ($1 = 3.6726 UAE dirham)
