Qatar’s financial sector is making a deeper push into education, with Lesha Bank moving to secure a controlling position in Sharaka Education Holdings in a transaction valued at nearly 192.5 million Qatari riyals ($53 million).
The Doha-listed bank said the acquisition will be carried out through its subsidiary, LB for Educational Services WLL, which is set to purchase a 51% stake in the education group. The transaction is expected to close during the second quarter of 2026.
Sharaka Education oversees several schools across Qatar and serves as the education arm of Sharaka Holdings, a broader business group with interests spanning real estate, hospitality, contracting and trading operations across the Gulf state.
The move signals Lesha Bank’s continued diversification beyond traditional banking activities, adding education assets to a growing portfolio of strategic investments.
The acquisition announcement arrives just days after the bank unveiled another expansion initiative tied to technology investing. Lesha Bank recently entered into a partnership with DTX Partners, the advisory affiliate linked to Doha Tech Angels, to explore Shari’a-compliant venture capital opportunities focused on emerging technology businesses.
Doha Tech Angels operates as a privately driven investment platform targeting early-stage technology companies in Qatar and the wider region.
