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Taaleem Holdings P.J.S.C. and its subsidiaries have released their unaudited interim condensed consolidated financial statements for the nine-month period ending on May 31, 2025.

Taaleem Holdings PJSC, a leading K-12 premium education provider in the UAE, reported strong financial and operational performance for the first nine months of the 2024/25 academic year. Operating revenues increased by 18.5% year-over-year to AED 984.2 million, with premium school enrolment rising by 19.2%. The company's net profit reached AED 242.3 million, up 7.6% from the previous year, although the net profit margin declined by 2.5 percentage points to 24.6%. Taaleem expanded its premium school capacity by 28.0%, adding new schools and seats, and is set to further grow with the acquisition of Kids First Group, adding 34 nurseries to its portfolio. EBITDA rose by 11.8% to AED 378.9 million, with a gross profit increase of 14.9% to AED 493.5 million. The company is also expanding into early education and continues to grow its premium and super-premium offerings.

The board meeting of Taaleem Holdings PJSC took place on Thursday, July 3, 2025, from 3:00 PM to 5:00 PM. Eight board members attended, achieving an 89% quorum. The board resolved to approve and publish the Interim Condensed Consolidated Financial Statements for the nine-month period ending May 31, 2025. The authorized signatory for this decision is Khalid Al Tayer, the Chairman of the Board of Directors.

Al Salam Bank has formed a strategic partnership with MG Motor, owned by Zayani Motors, to offer a comprehensive auto financing package available until December 31, 2025. This offer includes special pricing on selected MG models and covers all initial fees and expenses, such as registration fees, a service package, Takaful insurance, and a 6-year warranty. Al Salam Bank clients can benefit from affordable monthly installments starting at BD 68, subject to terms and conditions. This initiative aims to ease the financial burden on clients during the early years of car ownership. The partnership reflects Al Salam Bank's commitment to providing innovative and client-focused financial solutions, while MG Motor sees it as a way to make their vehicles more accessible in Bahrain. For more details, interested parties can contact Al Salam Bank's Relationship Managers or visit their website.

Al Salam Bank has launched a range of protection and savings plans under its Sharia-compliant "Al Salam Takaful" in partnership with Solidarity Bahrain. The initiative includes a promotional campaign with exclusive Takaful offers, such as up to 28% off on new Travel Takaful policies and a 10% voucher for Motor Takaful policies for new clients. The Takaful offerings cover various insurance solutions for individuals and businesses, including Motor, Travel, Home, and Personal Accident insurance, as well as group medical schemes. The protection and savings plans aim to provide financial stability and help clients prepare for future goals like education, retirement, and medical emergencies. The bank emphasizes its commitment to addressing clients' needs and offers these services through branches, kiosks, and a mobile app. For more details, clients are encouraged to visit the bank's website or contact them via WhatsApp.