Search Site

Trends banner

Tesla Q1 sales sink 13 percent

The dip occurred amid lower production during factory upgrades.

AD Ports Group 2024 revenue $4.70bn

The Group's EBITDA increased by 69 percent YOY.

Tesla sales tumble in Europe in Q1

The company suffered from boycotts against the policies of Elon Musk.

Ford’s US Q1 auto sales dip

But its Q1 figures exceed a forecast by Edmunds

Vanke reports annual loss of $6.8 bn

The property giant attributes loss to falling sales and shrinking profit.

National Bonds ups stake in Taleem

Taaleem is one of the largest K-12 Premium school operators in the UAE. (Taaleem)
  • National Bonds increased the stake in Taaleem, a company with paid-up capital of AED 750 million, from 19.6 percent to 23 percent.
  • By end of Q3 2021, National Bond's investment portfolio has grown by more than 32 percent to surpass AED 10 billion ($2.72 billion).

National Bonds, an investment company owned by The Investment Corporation of Dubai, has become the largest shareholder in Taleem Holdings, one of the largest education providers in the Middle East.

National Bonds increased the stake in Taaleem, a company with paid-up capital of AED 750 million, from 19.6 percent to 23 percent.

Taaleem’s main activity is the development and management of early childhood, primary and secondary schools

“We are delighted to strengthen our journey with Taaleem, a world-class innovative education institution that educates approximately 9,800 students across nine different schools. This investment is not only expected to generate steady returns to National Bonds, it is also well in line with the company’s corporate responsibility towards supporting such a vital sector in the UAE,” said Ali Rashid Al Mazroei, Chairman of Investment Committee of National Bonds Group and board member in Taaleem.

National Bonds said that since its inception in 2006, the company continues to meet customers’ expectations with consistent results in terms of growth, competitive returns, service and customer satisfaction.

By end of Q3 2021, the investment portfolio has grown by more than 32 percent to surpass AED 10 billion ($2.72 billion), it said.