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FINANCIAL NEWS
Dubai’s Gems Education posts USD674m revenue for Q1
17 Jun 2015
(MENAFN) Gems Education recorded a revenue of about USD674 million for the first quarter of the year, marking thus a solid 20 percent growth year-on-year, Arabian Business reported.
The growth is attributable to an increase in term fees and pupil memberships, according to an official report, concerning the notorious establishment that runs more than 50 schools across 19 countries in the Middle East, North America, Europe, Asia and Africa.
The group stated that its growth was due to the much improved enrolment numbers, which increased by 9 percent to 98,000 pupils.
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