GCC education segment offers new investment avenues
15 Mar 2021 Picture used for illustrative purpose. Alpen Capital (ME) Limited announced the publication of its report on the GCC Education Industry for the year 2021. The report provides a comprehensive overview of the GCC education sector and outlines the outlook, recent trends, growth drivers and challenges in the sector. It also profiles some of the prominent education companies in the region.
“COVID-19 has caused significant disruption to the GCC education industry but governments and operators have been swift in their response in terms of policies, initiatives, teaching methods and business models to ensure continuity of education. The pandemic has placed integration and utilization of technology within the education system at the forefront and the sector will continue to innovate and evolve. We believe that factors such as an increase in school age population, high disposable incomes, influx
UAE has highest number of international schools in region
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Explainer: How Covid-19 has impacted the GCC s healthcare sector
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National Savings Bank achieves milestone in international funding of US$ 35 mn Daily News (via HT Media Ltd.)
B Investment Bank exchanges the agreement } >National Savings Bank has announced that it has recently raised a US$ 35 million loan facility supported by Indian Bank & Indian Overseas Bank.
The excellent relationship that NSB enjoys with its banking partners has allowed NSB to access the international debt market at a competitive interest rate. The facility was arranged jointly by NDB Investment Bank of Sri Lanka and Alpen Capital of Dubai.
Having followed a transparent process, Indian Bank and Indian Overseas Bank were identified as the most appropriate international lending partners. NSB was able to leverage on its unique strengths of having a local credit rating of AAA (Ika) along with a strong financial and an operational track record of performance, in reaching a highly satisfactory agreement.