Industry Newsroom

Riyada Managers-Backed Taaleem Raises ~USD131m via EGX IPO

Taaleem Management Services, an Egypt-based higher education platform backed by Riyada Managers, has raised EGP2.057b (~USD131m) in an IPO on the EGX. The listing consisted of a secondary sale of a 49% stake in the company held by Riyada Managers, which retains a 20% stake. Read more