TAALEEM-

Education provider Taaleem’s bottom line increased 15.4% y-o-y to reach AED 160.2 mn in 1H 2024-2025, according to its earnings release (pdf) for the period. The firm also recorded an uptick of 18.2% y-o-y in revenues to come in at AED 648.8 mn. Stronger enrollment figures boosted its operating revenues, and offset higher expenses. The company’s schools’ capacity also increased by 28% through acquisitions during the period, helping bolster its topline.

REMEMBER- The education firm acquired Dubai-based LLFP Meydan, as well as land and property assets in Emirates Hills from Amity Education Services to develop a new campus for its Dubai British School - Emirates Hills in October. It reported an increase of 46.3% y-o-y to its bottomline to AED 68.2 mn in 1Q 2024-25.

TAKAFUL-

Abu Dhabi shariah-compliant ins. provider Abu Dhabi National Takaful saw its net income decline by 19.4% y-o-y to AED 83.1 mn in 2024, according to its financials (pdf). The company’s revenues rose by 12.6% y-o-y to AED 756.9 mn last year. This came as gross written contributions rose to AED 793 mn during the year, up from AED 735 mn in 2023.

Tags: