{"id":101245,"date":"2025-03-03T00:00:00","date_gmt":"2025-03-03T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/uae\/gems-education-to-spend-usd-300-mn-on-growth-over-next-few-years\/"},"modified":"2025-03-03T00:00:00","modified_gmt":"2025-03-03T00:00:00","slug":"gems-education-to-spend-usd-300-mn-on-growth-over-next-few-years","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/uae\/2025\/03\/03\/gems-education-to-spend-usd-300-mn-on-growth-over-next-few-years\/","title":{"rendered":"Gems Education to spend USD 300 mn on growth over next few years"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Gems<\/strong><strong> Education to invest USD 300 mn in growth plan:<\/strong> Dubai-based school operator Gems Education plans to invest USD 300 mn over the next two to three years to drive growth, CEO Dino Varkey told <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/middle-east\/dubais-gems-education-plans-300-million-spend-boost-growth-2025-02-28\/\" style=\"\" rel=\"noopener\">Reuters<\/a>. The company aims to expand its student headcount by 30k\u201335k by 2028 while considering future acquisitions.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The expansion is fueled by Dubai\u2019s growing population and an influx of wealthy individuals<\/strong>, Varkey said. The UAE was a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/34e1894e-0b6c-4cfd-b1d2-371a75ad6a59\/this-morning:-uaev-plans-10k-ev-chargers-by-2030-%2B-142k-hnwis-to-emigrate-this-year%3F\" style=\"\" rel=\"noopener\">leading destination<\/a> for high-net-worth individuals in 2024, with the number of m\u2019naires projected to reach <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/7204c50e-d3bd-43bd-a32d-281fa501e647\/this-morning:-us-lawmakers-call-for-probe-into-microsoft%25e2%2580%2599s-partnership-with-g42-%2B-fab-denies-plans-to-acquire-a-stake-in-yes-bank\" style=\"\" rel=\"noopener\">232.1k in 2028<\/a>. Tax reforms in the UK and Western Europe are prompting more affluent families to relocate to the UAE, boosting demand for premium education.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER-<\/strong> The school operator <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/30a14fdf-434d-4143-822d-d34f272bae51\/brookfield-led-consortium-to-invest-in%253cmark%253e-gems%253c%2Fmark%253e\" style=\"\" rel=\"noopener\">secured an investment<\/a> last year from Canadian asset manager Brookfield, which handed it a majority stake in the firm. The transaction could be valued at some USD 2 bn and is expected to target expanding Gems\u2019 portfolio by undertaking new acquisitions. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">T<strong>he education player is expanding its footprint:<\/strong> The company will open the <a target=\"_blank\" rel=\"noopener\">Gems School of Research and Innovation<\/a> in August 2025, investing USD 100 mn in the project. Expected to be Dubai\u2019s most expensive school, annual tuition fees could reach USD 56k. In <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/8e5b8f1b-39ab-406c-b852-8e3828f8c657\/mbzuai-launches-new-llm-model-%2B-yahsat-in-zimbabwe\" style=\"\" rel=\"noopener\">May 2024<\/a>, the company also launched a new branch of GEMS Founders School in the Dubai South Residential District.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The growth plans are fueled by the increase in Dubai\u2019s population and the inflow of wealthy individuals<\/p>\n","protected":false},"author":1,"featured_media":101246,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1612],"tags":[313,7,686,25],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-101245","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-education","tag-education","tag-enterpriseam-uae","tag-gems-education","tag-investment-watch","wpautop","entry"],"acf":{"mongo_id":"bb79c7d2-4309-48af-a3c8-57b6ed2ac62e","order":"6","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/3\/143.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Gems Education to spend USD 300 mn on growth over next few years","related_issue":[101235],"teaser":"The growth plans are fueled by the increase in Dubai\u2019s population and the inflow of wealthy individuals","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/3\/.31bbf832-94f8-4cc0-be52-1070edc70518.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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