Fees are capped, but uncertainty over whether new owners can make changes
Sunny Varkey
CVC Capital Partners
GEMS Education for sale: Who are the likely buyers
Founder Sunny Varkey looking to sell stake
CVC Capital Partners
Dubai’s GEMS Education could be up for sale at $6 billion valuation
Founder Sunny Varkey and CVC Capital consider offering IPOs as a potential sale option
Annual Varkey Global Teacher Prize
GEMS Education’s Sunny Varkey meets Trump at the White House
Dubai-based education provider is part of a tour with Global Teacher Prize winner Peter Tabichi.
Dino Varkey
GEMS Education hires more than 1,800 teachers for new academic year
New recruits attended the GEMS Awareness day where they were welcomed by GEMS Education founder and chairman Sunny Varkey
Blackstone
Consortium completes exit from GEMS Education investments
Sale completed of around 30% stake in Dubai education giant to consortium led by CVC Capital Partners
CVC Capital Partners
Consortium agrees to buy 30% stake in Dubai’s GEMS Education
Funds advised by CVC Capital Partners have led a consortium to acquire minority stake in Dubai education provider
Ban Ki-moon
Dubai’s Gems signs former UN chief Ban Ki-moon as ambassador
Gems Education announces that Ban Ki-moon has accepted the ambassadorship for next three years
Annual Varkey Global Teacher Prize
In pictures: Kenyan teacher Peter Tabichi wins Global Teacher Prize 2019 in Dubai
The glittering award ceremony was hosted by actor, singer, and producer Hugh Jackman, who performed songs from musical film The Greatest Showman, including The Greatest Show and Come Alive, before announcing the winner.
Annual Varkey Global Teacher Prize
In pictures: Global Teacher Prize finalists
The winner will be chosen from these top 10 finalists by the Global Teacher Prize Academy. An initative of the Varkey Foundation, the $1 million Global Teacher Prize recognises outstanding contributions to the profession.
Annual Varkey Global Teacher Prize
Hollywood star hails Dubai ruler for $1m teacher prize
Hugh Jackman announces finalists for the Varkey Foundation Global Teacher Prize 2019, awarded under patronage of Sheikh Mohammed
Dino Varkey
Dubai’s GEMS exercises option to buy stake in Egyptian schools
Under agreement with EFG Hermes, GEMS plans to acquire more than 30 schools in Egypt over next five years
billionaire in uae
Opinion: why how you get rich still matters
Unearned wealth creates havoc in the global economy. It’s a far cry from how the UAE’s Indian billionaires made their money
2018 Future Investment Initiative
GEMS Education announces $800m deal for Saudi school network
The joint venture between GEMS and Hassana Investment Company is expected to accommodate 130,000 students and create 16,000 jobs
Dr Shamsheer Vayalil
UAE-based Indian expat donates $7m to Kerala aid fund
Dr Shamsheer Vayalil, chairman and managing director of UAE-based VPS Healthcare, is the latest Indian expat tycoon to donate to the relief campaign for Kerala
GEMS Education
GEMS founder Sunny Varkey adds $1.4m to Kerala aid fund
GEMS Education chairman commits $1.4m to the committee formed by the UAE to support emergency relief and rehabilitation work in Kerala
Blackstone
Dubai’s GEMS said to delay IPO amid freeze on school fees
Sources say school operator is studying the potential impact on its earnings projections following a decision to keep private school fees unchanged for a year