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United Arab Emirates,United Kingdom : GULF CAPITAL invests in EVOLVENCE KNOWLEDGE INVESTMENTS LTD.

July 17, 2014

Gulf Capital is an alternative investment firm in the Middle East, who successfully completed an investment in Evolvence Knowledge Investments Limited (EKI) through Gulf Credit Partners, its regional fund. EKI engages in the establishment and operation of private schools and nurseries in the GCC including the renowned Repton School Dubai. Gulf Credit Partners provides financing to fast growing companies in the Middle East, North Africa and Turkey.

The investment will help EKI achieve its growth plans for the GCC s emerging education sector. EKI s positioning in the defensive and fast growing education sector as well as its sound strategy and experienced management team are aligned with the fund s strategy.

Gulf Capital has been an investor in defensive sectors such as power, water, healthcare and food and this investment in education will complement Gulf s existing portfolio of defensive investments.

The UAE education sector is witnessing growth and is depicting steady long-term performance, driven by population growth (2.5%), higher enrollment rates (108% at the primary level), increased awareness among parents of delivering better education to their children, high income levels (GDP per capita $44,000) permitting parents to enroll their children in quality private education and ongoing governmental support to develop education and to stimulate the private sector participation (68%).

The total number of students in the UAE, estimated at 900,000, has been growing at the rate of 5.8%, reflecting the enrollment in the educational system in the country.

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Source: TendersInfo (India)

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