Page 53 - ALEF EDUCATION PR REPORT MARCH 2025

4/2/25, 9:43 AM Alef Education Shareholders Approve AED 402.8 Million Dividend For 2024 - OneArabia

During FY 2024, Alef Education embarked on significant business development initiatives as part of its growth strategy. It secured a contract exceeding AED30 million
over three years and collaborated with MetaMetrics to create Miqyas Al Dhad, an innovative tool aimed at enhancing Arabic literacy across the Arab world.

Alef Education strengthened its presence by signing several Memorandums of Understanding (MoUs) with education ministries in various countries, promoting the
adoption of this new AI-powered Arabic literacy tool.

Leadership Insights and Future Commitments

Abdulhamid M. Saeed Alahmadi, Chairman of Alef Education, emphasised the company's robust financial and operational performance since its landmark IPO on ADX
in June 2024. Geoffrey Alphonso, CEO of Alef Education, stated, "2024 was a transformational year for Alef Education." He highlighted their successful IPO, swift
inclusion in the MSCI UAE Small Cap Index, and expanding strategic partnerships as evidence of their leadership in AI-powered education.

The AGM underscored Alef Education's commitment to innovation and operational excellence while ensuring long-term value for shareholders, students, and
stakeholders alike.

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With inputs from WAM

Story first published: Friday, March 28, 2025, 18:46 [GST]
Other articles published on Mar 28, 2025

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