Almasar Education, the education arm of Dubai-listed Amanat Holdings, has secured the green light from Saudi Arabia’s Capital Market Authority to launch its IPO on the Tadawul Main Market.
The company plans to offer 30,720,400 shares, equivalent to 30% of its total share capital.
Specializing in niche education across the Gulf, Almasar Education operates in Saudi Arabia with programs for Special Education Needs (SEN) and runs multiple institutions in the UAE. Its portfolio features a 60% stake in Human Development Company, Middlesex University Dubai, and NEMA Holding, which manages five higher education campuses across the UAE.
This move positions Almasar Education for greater visibility and growth in the region’s education sector while opening doors for investors to tap into a diversified GCC education network.
