GEMS Education Secures Strategic Investment from Bank Muscat's Izdihar Fund
Deal News | Jun 02, 2025 | Zawya
GEMS Education, a leading private education provider, announces a strategic investment from Bank Muscat's Izdihar Real Estate Fund for its new flagship project in Dubai Sports City, GEMS School of Research and Innovation. Scheduled to open in August 2025, the campus will cost USD 100 million, highlighting continued demand for quality education in Dubai. This partnership aligns with Bank Muscat's strategy of supporting community infrastructure and adds value to its investors. Legal support was provided by Eversheds Sutherland for GEMS and Baker McKenzie for Bank Muscat.
Sectors
- Education
- Real Estate
- Financial Services
Geography
- United Arab Emirates – The flagship school project is located in Dubai, UAE, making this geography central to the article.
- Oman – Bank Muscat, the key investor in the project, is based in Oman.
Industry
- Education – The article focuses on the strategic investment in the GEMS School of Research and Innovation, which is part of the education sector.
- Real Estate – The involvement of the Izdihar Real Estate Fund indicates the article's relevance to the real estate industry.
- Financial Services – Bank Muscat's role as an investor and its background in financial services highlight this sector's influence in the deal.
Financials
- USD 100 million – The estimated cost for developing the GEMS School of Research and Innovation.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| GEMS Education | Target | Company | A leading provider of private education globally, focused on expanding educational infrastructure. |
| Bank Muscat | Bidding Company | Company | Oman's leading financial services provider, managing the Izdihar Real Estate Fund. |
| Izdihar Real Estate Fund | Investment Fund | Company | A fund managed by Bank Muscat, aimed at generating sustainable returns through real estate investments. |
| CoReal Partners | M&A Advisor | Company | Provided M&A advisory services for the transaction. |
| Eversheds Sutherland | Legal Advisor | Company | Provided legal advisory services for GEMS Education. |
| Baker McKenzie | Legal Advisor | Company | Provided legal advisory services to Bank Muscat. |