Page 41 - ALEF EDUCATION PR REPORT MARCH 2025

P. 41

4/2/25, 9:42 AM Alef Education Shareholders Approve AED 402.8 Million Final Cash Dividend for Year 2024 Following Strong Financial Performance …
leader in AI-powered education. As we continue to drive innovation and operational excellence, we remain committed to delivering long-
term value for our shareholders, students, and stakeholders.”

Investing in Future Growth & Innovation:

The AGM also highlighted key business development initiatives undertaken by the Company during FY 2024. As part of its growth
strategy, Alef Education secured a contract worth more than AED 30 million for a three-year period. Additionally, Alef Education
partnered with MetaMetrics® to develop Miqyas Al Dhad, an innovative tool designed to advance Arabic literacy across the Arab world.
Alef Education has strengthened its presence having signed several Memorandums of Understanding (‘MoU’s) with ministries of education
across multiple countries, facilitating the adoption of this new AI-powered Arabic literacy tool.

Looking ahead, Alef Education will continue to invest in AI-driven learning solutions, enhance operational efficiencies, and scale its
presence. With a well-defined strategy and a dominant market position in the UAE, the company aims to unlock new growth
opportunities, expand into key markets, and sustain long-term profitability.