Education investment company formed in Dubai
United Arab Emirates: Wednesday, May 21 - 2008 at 12:09
Dubai-based Zabeel Capital is teaming up with ANC Holdings to form Kings' Holdings, a company focused on investment in education. The new venture is earmarking Dhs300m ($82m) for initial education investments, including the creation of Kings' College in the Nad Al Sheba district of Dubai. Scheduled to open in September 2009, this 1.2 million square feet all-through education facility will cater for children aged one to 18 and will provide a British curriculum as its educational basis.
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Jeff Florian, Senior ReporterWednesday, May 21 - 2008 at 12:09 UAE local time (GMT+4)
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