Business | Investment
Al Fahim enters education sector with stake in Knowledge Horizon
Al Fahim Group, one of the largest family business groups in the UAE, has become a strategic shareholder in Knowledge Horizon, acquiring 24 per cent of the company's equity interest, a statement said.
- Staff Report
- Published: 23:45 September 25, 2007
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Dubai: Al Fahim Group, one of the largest family business groups in the UAE, has become a strategic shareholder in Knowledge Horizon, acquiring 24 per cent of the company's equity interest, a statement said.
Based in Dubai, Knowledge Horizon is an international knowledge transfer organisation. Started in 2001, it has been successfully offering training, consultancy services and professional qualifications in the region through its association with international professional bodies.
"Al Fahim's venture into the education sector is in line with the mission of our founder, the late Abdul Jalil Mohammad Al Fahim who was determined to help produce a well-educated generation of young UAE nationals," said Saeed Al Fahim, chairman, Al Fahim Group.
With this acquisition, Al Fahim Group and Knowledge Horizon plan to expand and reinforce the business not only in the Gulf region but the Middle East and Europe.
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