Education provider Taaleem reported a 19.2% y-o-y rise in net income to AED 164.5 mn in FY 2024-25, supported by higher enrollments and recent acquisitions, according to its financials (pdf) and earnings release (pdf). Operating revenue grew 20.1% y-o-y to AED 1.1 bn for the year.

The increase was driven by a 19.3% rise in premium school enrolment and expanded capacity following the launch of Dubai British School Jumeira and the acquisition of Lycée Libanais Francophone Privé Meydan. The company’s total student base rose to 41.4k across 38 schools, including 12 premium and 26 public-private partnership campuses. Premium school capacity climbed 28% y-o-y, while utilization eased to 75% amid new openings.

REMEMBER- Taaleem also consolidated a 95% stake in Kids First Group, a network of 34 nurseries in the UAE and Qatar, marking its entry into the early childhood segment. The company secured AED 968 mn in financing to support the acquisition and fund construction of a new Harrow International School campus.

Looking ahead, Taaleem plans to further expand its footprint with Harrow International campuses in Dubai and Abu Dhabi, both slated to open in 2026. The group also agreed to acquire land for a new school in Majid Al Futtaim’s AED 15.4 bn Ghaf Woods development in Dubai — a 23k sqm campus set to accommodate up to 1.8k students.