GEMS schools will have protocols including social distancing, thermal screening and travel declarations
Parents who have experienced income reductions, lost their jobs or businesses, or been placed on unpaid leave can avail the discounts
GEMS has also launched a refinancing plan that includes loans and bonds
GEMS Education and Saudi’s Hassana plan to build a portfolio of more than 50 schools in the kingdom
The expansion plans come after a group led by Dubai’s Fajr Capital took a “significant minority stake” in the firm late last year.
The ‘Launching People’ initiative aims to help transform ideas into reality in four areas – fashion, education, invention and start-ups.
The loan is a mix of Islamic and conventional financing managed by lenders including Abu Dhabi Islamic Bank and Dubai Islamic Bank.
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