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Al Fahim Group acquires 24 per cent of equity interest in Knowledge Horizon Ltd.
- United Arab Emirates: Monday, September 03 - 2007 at 14:01
- PRESS RELEASE
Al Fahim Group, one of the largest family business groups in the UAE, has become a strategic shareholder of Knowledge Horizon Ltd acquiring 24 per cent of the company's equity interest.
Knowledge Horizon offers Professional Qualifications through its association with international professional bodies, The Cambridge International Diplomas from the University of Cambridge International Examinations, UK (CIE), the Marketing qualifications from The Chartered Institute of Marketing, UK (CIM), Leadership qualifications from the Institute of Leadership & Management, UK (ILM) and Sales & Marketing qualifications from the Institute of Sales & Marketing Management, UK (ISMM).
"Al Fahim's venture into the education sector is in line with the mission of our founder, the late Abdul Jalil Mohammed Al Fahim who was very much concerned with education and determined to help produce a very well educated generation of young UAE nationals that will be the leaders of tomorrow" said H.E. Saeed Al Fahim, Chairman, Al Fahim Group.
"We believe in education and training and our partnership with Knowledge Horizon reflects our seriousness in this regard. Our journey with Knowledge Horizon started long back, as a client for consultancy and training needs analysis, we have experienced their excellence in training" continued H.E. Saeed Al Fahim.
"This development is another step for Knowledge Horizon in its endeavours to claim the leadership of training and development in the region. We have been working pretty hard to develop our training and development approach and have produced state of the art e learning capabilities to allow us to offer our services and products globally. We are proud of the partnership with Al Fahim. The group is one of the leading family businesses in the region and their strategic involvement will bring to our business new dimensions" said Dr. Ma'en Al Qatamin President and Chairman of Knowledge Horizon Ltd.
With this acquisition, Al Fahim Group and Knowledge Horizon Ltd both look forward to expand and reinforce the business with a view to enhancing respective presence not only in the Gulf region but the Middle East and Europe.
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