Varkey Group acquires stake to enter UAE higher education

Dubai: Aiming to enter the fast growing higher education segment in the UAE, leading K-12 Education provider Varkey Group has announced the acquisition of a significant holding in Dubai's International Horizons College (IHC).  The group
varkey group acquires stake to enter uae higher...
PTI 03 Jun 2014, 06:41 PM IST
Dubai: Aiming to enter the fast growing higher education segment in the UAE, leading K-12 Education provider Varkey Group has announced the acquisition of a significant holding in Dubai's International Horizons College (IHC).  The group yesterday announced the acquisition of a stake in AHC GCC Investment, the holding company behind the Business Bay-based institution.

Chairman of the Group Sunny Varkey said his company's goal was to expand the AHC platform to establish similar pathways to reputed universities in the world's most desirable destinations for higher education, namely, US, Canada, UK, Australia and India, ultimately with the objective of having their respective campuses in Dubai.

“Our foray into higher education is a natural extension of our current strength in K-12 education through GEMS schools in the region,” he said.

AHC GCC Investment LLC is the holding company of International Horizons College, which was launched in 2013 as a college offering pathways to top ranked universities in the US and regionally.

Through IHC, students can pursue a wide range of courses and careers from business and engineering to liberal arts and the social sciences.

Mohammed Abdul Ghaffar Hussain, Chairman of AHC said Varkey Group's involvement will bring additional management experience, enhanced student access and broader opportunities for world class and global university partnerships.  Through its schools in 14 countries with over 142,000 students, Varkey GEMS Foundation, GEMS is advancing education for all and preparing students for lifelong success.
 
 
 

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