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Detailed stories on technology startups, business and economic current affairs.
The UAE-based school operator is making a move into Saudi Arabia as it enters its biggest expansion phase yet.

قصص آنية ومفصلة ومكتوبة بعناية من المنطقة
Timely, detailed and well-written stories from the region
GEMS Education seems to be doubling down on the Middle East. For more than six decades, the company has been quite a tour de force in the UAE’s private schooling landscape. What started as a single school run by an Indian family in Dubai has grown into one of the world’s largest private education providers. Last month, though, GEMS may have made one of its biggest moves.
Its holding company, Varkey Group, is reportedly looking to raise around $400 million in debt financing. Importantly, the timing coincides with the company’s other expansion plans. The debt is supposed to help in …
آراء حول أحدث التطورات في الأعمال والاقتصاد من محرر الشرق الأوسط
Views on the latest happenings in business and economy from our ME Editor