Investment case

Investment case

High-quality education aligned with UAE priorities

مدرسة دبي البريطانية

A leading education provider in a growing UAE market

Taaleem operates at the intersection of strong demographic growth and increasing demand for high-quality private education in the UAE. With a diversified portfolio of premium schools, government partnerships, and early education platforms, the Group is well positioned to deliver long-term, sustainable growth supported by a resilient and recurring revenue model.

Why invest in Taaleem

Taaleem combines exposure to a high-growth education market with a diversified and resilient operating model. The Group’s focus on premium education and disciplined expansion supports long-term value creation for shareholders.

Diversified education portfolio across segments
  • Strong Premium Schools presence driving top line growth
  • Expanding into Super Premium Schools in partnership with Harrow 
Schools UK, launching 2027
  • Operating 23 public schools in partnership with the UAE government
Education is one of the most defensive sectors; a non-discretionary spend supported by a growing population, a young demographic, and sustained government investment. Taaleem sits at the premium end of that demand, with enrolment continuing to climb through 2026/27. Retention and registration activity remain at a growing projectile, underlining the quality of education and the resilience of the model.

+ . %YOY

Premium enrolment growth in 9M 2025/26

%

Retention rate
(≥3 years)

Premium schools
Strong demand
With its largest investment cycle now behind it, Taaleem is entering a delivery phase, characterised by the absorption of newly added premium school capacity, normalising capital expenditure, and the ramp-up of recently launched schools. The Group's secured development pipeline provides strong visibility on future growth, with approximately 5,400 additional premium seats expected by FY2027/28, including the opening of Harrow Dubai in September 2026. This disciplined expansion strategy is expected to support continued enrolment growth, operational leverage, and long-term shareholder value.

Complementing the K-12 platform, Kids First Group is the GCC's largest premium nursery operator, with a network of 36 nurseries across the UAE and Qatar, further diversifying Taaleem's education offering and strengthening its presence across the early years segment.

+ . %YOY

Premium capacity added in FY2025/26
(+2,274 seats)

~ ,

Premium seats in pipeline by FY 2027/28

Premium schools in the development pipeline
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Revenue grew 18.5% YoY in 9M, with EBITDA up 16.0% and net profit still expanding despite a planned uptick in finance costs and ramp-up expenses at new campuses. This is the classic J-curve: costs come in ahead of full enrolment, and margins normalise as utilisation builds. Underlying operating performance remains strong, with EBITDA per student up 13.7% YoY across the network.

+ . %YOY

Operating revenue growth of AED 1,166.2M

. %

EBITDA margin 
(AED 439.4M, +16.0% YoY)

+ . 0 %YOY

Net profit after tax growth (AED 283.2M)
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Delivering growth

Delivering growth through a clear strategy

Taaleem’s strategy is focused on expanding its premium and super-premium school portfolio, strengthening government partnerships, and building a lifelong education platform from early years through to K-12. This approach enables the Group to grow enrolment, optimise capacity, and deliver consistent value.

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A track record of growth

A quick overview of the scale and performance of our operations across the UAE.

42 , 170

students enrolled 
(as of 9M 2025/26)

schools and nurseries across the UAE

, . M

AED revenue (9M 2025/26)

%

enrolment CAGR 
(5 years)
Creating long term impact

Creating long-term impact through education

Taaleem integrates high-quality education, community impact, and strong governance practices into its operations, supporting long-term value creation for students, society, and shareholders.

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