Middle East 5

Dubai realty investor acquires stake in educational provider

Zabeel Investments, a Dubai-based multi-diversified investment company focussing on commercial real estate development and management has announced it is taking a stake in Madaares, a private joint stock company launched by National Bonds Corporation (NBC) to raise educational standards in the UAE.
“With a booming economy and expanding infrastructure comes an increasing need for a skilled and educated regional workforce. By providing our youths with a world class education, we are truly investing in our future. Education is the foundation of any strong economy.” said His Excellency Mohammed Ali Al Hashimi, Zabeel Investments’ Executive Chairman.
The focus of the Madaares initiative is the region’s primary and secondary school system. Zabeel Investments real estate portfolio currently comprises Dh12.4 billion of prestige residential, commercial and hospitality developments. Zabeel Investments also has equity stakes in a number of businesses covering real estate, property design and construction, marketing communications, financial services and education. Source

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