The Emirati “National Bonds” increases its ownership in “Taleem Holding” to 22%

2023-06-06 13:12:00

“Education” shares rose in the last 4 sessions last week by 27%

Dubai – Al Arabiya.net

Published in: Jun 06, 2023: 05:12 PM GST
Last updated: Jun 06, 2023: 05:38 PM GST

The National Bonds Company in the UAE announced that it had increased its ownership in the “Taleem Holding” group, which is listed on the Dubai Financial Market, to 22%, after purchasing an additional 5% stake.

National Bonds Corporation owned more than 17% in Taaleem at the time of listing last November.

The company stated that raising the percentage of ownership comes as part of its strategy to invest in the education sector, as National Bonds believes that the sector provides opportunities with high returns.

The share of “Education” rose in the last 4 sessions last week by 27%.

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