GEMS Education has signed a Memorandum of Understanding with Tatweer Education Holding to explore joint opportunities on education services in the Kingdom of Saudi Arabia.
The MoU aims to collaborate on specialised consulting, learning management systems, school nutrition, sports and physical education, health, safety and security, the educational environment, special education, and educational support services including school transportation.
Dino Varkey, CEO of GEMS Education said: “GEMS Education, which is among the world’s oldest and largest K-12 private education providers, is committed in supporting the Saudi education sector. Tatweer Holding is a market leader in education services. This partnership will help transform the education landscape in the Kingdom.”
Fully owned by the Saudi Public Investment Fund, Tatweer Education Holding has an independent financial authority and is fully qualified to achieve its objectives in accordance with the regulations in force in the Kingdom of Saudi Arabia. Tatweer aims to create long-term value for The Ministry of Education and The Public Investment Fund by shaping the overall direction of subsidiaries and monitoring financial performance.