Dubai Islamic Bank, Mashreq Bank, Abu Dhabi Commercial Bank and First Abu Dhabi Bank acted as underwriters on the financing facility
GII, with over $4.5bn in assets under management, marks this investment as the second collaboration with Brookfield this year
The investment will allow CVC Capital Partners to substantially exit its GEMS stake five years after it bought into the firm
Through the platform, SDCEE will curate specific programmes for all GEMS stakeholders and develop other initiatives such as conferences, networking events and venture funding support
Mohammed Hilili, general manager at Lenovo Gulf explains how esports gaming will help students develop discipline and teach new skills
The education operator said that all its schools remain open, while external entities have been enlisted to investigate the incident
The Legion Gaming Zone at Gems Modern Academy in Dubai will accelerate opportunities for students in gaming
More than 42,000 GEMS students are eligible to be vaccinated, while 1,800 have already received the vaccine
She was 89 years of age
It will increase the capacity at its school by an initial 1,000 places from the start of the 2021-2022 academic year
Its students will be shifted to GEMS Wellington Academy – Al Khail
GEMS schools will have protocols including social distancing, thermal screening and travel declarations
The network of schools is undergoing regular deep cleaning and disinfection using hospital-grade anti-viral disinfectants
Sunny Varkey is reportedly working with Rothschild & Co to find potential investors