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UAE s Alef Education seeks to raise up to $515 million in IPO

Educational technology provider Alef Education plans to raise as much as $515 million in its initial public offering on the Abu Dhabi bourse, it said on Tuesday. The indicative price.

United arab emiratesJan harveyAbu dhabiFederico maccioniTaaleem holdingsAmanat holdingsAlef educationTech nova investmentSole proprietorshipKryptonite investments

UAE s Alef Education to raise up to $515 million in IPO

The AI-driven learning platform, currently being implemented at public schools in the country provides personalised learning programmes

Abu dhabiAmanat holdingsTaaleem holdingsAlamy imageAlef educationTech nova investmentSole proprietorshipKryptonite investments

Edtech Firm Seeks $515 Million in Abu Dhabi s First IPO of 2024

Edtech Firm Seeks $515 Million in Abu Dhabi s First IPO of 2024
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Edtech firm Alef sets IPO price range, seeks to raise $515m

Alef is offering the shares in two tranches, with the edtech firm expected to debut on the Abu Dhabi Securities Exchange on June 12.

Abu dhabiAbuz abyUnited arab emiratesGeoffrey alphonsoTaaleem holdingsAbu dhabi securities exchange onAbu dhabi capital groupFirst abu dhabi bankAmanat holdingsDhabi based alef educationTech nova investmentSole proprietorshipKryptonite investmentsAbu dhabi securities exchangeAlef educationAbu dhabi bank

Alef Education will be UAE s third IPO of 2024 - and first in Abu Dhabi

Education solutions provider to pay minimum Dh135m dividend for 2024-25

United arab emiratesGulf newsSaudi arabiaAbu dhabiAbuz abyAfra al nofeliGeoffrey alphonsoSameer lakhaniAbdulhamid mohammed saeed alahmadiAbu dhabi capital groupAlef education holdingAlef educationImage creditAbu dhabi capitalTech nova investmentSole proprietorship

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