Inclusion comes within six months of its successful IPO and its subsequent listing on the ADX on 12th June
Alef Education
ADEK extends contract with Alef Education on current commercial terms
Will provide its innovative AI-led solutions to UAE government school students until the end of 2033
Alef Education revenues reach $150mn for 9M 2024
Adjusted Net Profit before tax rises to $103.2 million; Adjusted EBITDA rises by 6% to reach $107.5 million
Abu Dhabi’s Alef Education enters KSA with its AI-powered solutions
Abu Dhabi company highlights impact of technology in education during the Learn KSA Conference; Saudi’s Knowledge Towers School adopts Its solutions
Alef reports 1% revenue growth, but profit margin increases to 70%
On revenue of $96.4 million, the Abu Dhabi education provider’s Adjusted Profit before tax rose 7 per cent to $67.8 million
UAE’s Alef Education, KICD and UNICEF partner to integrate climate change education in Kenya
The innovative partnership will harness the power of technology and digital learning to equip children, young people, and educators with the knowledge and skills needed to address the climate crisis
UAE stock markets attracted $5.8bn of market cap through 3 major IPOs, targets $1.6tn valuation
UAE stock markets are targeting a value of around $1.6tn following successful IPOs this year
Abu Dhabi’s Alef Education rings ADX bell after $20bn IPO order book shatters demand
Shares of the AI-powered learning solutions provider began trading today under the symbol “AlefEdT,” marking the ADX’s first IPO of 2024
UAE’s Alef Education completes IPO bookbuild, raises $514mn
This gives Alef Education a market capitalisation of AED9.45 billion ($2.57 billion approximately) and offer proceeds of AED1.89 billion ($514 million approximately)
Alef Education targets $2.5bn valuation in UAE’s first edtech IPO
The Abu Dhabi-based company set an indicative price range of AED1.30 to AED1.35 per share for its IPO
UAE’s Alef Education announces intention to list on Abu Dhabi bourse
Internationally, Alef Education has operations in the US, Indonesia and Morocco. It intends to expand further in Saudi Arabia and Egypt
Alef Education leads discourse on education transformation through technology at IGCF 2023
IGCF 2023 was held at Expo Centre Sharjah under the theme “Today’s Resources, Tomorrow’s Wealth”
UAE’s Alef launches education system in New York
Alef Education says its learning system will be used at Harlem Children’s Zone schools in New York city
Gallery: Sheikh Mohamed bin Zayed visits Al Asayel School in Khalifa City
Abu Dhabi Crown Prince spends time in class with pupils on first day of the academic year 2018-2019. Sheikh Mohamed urged pupils to enjoy school and seize the opportunity to learn and prepare themselves for the future.