Press releases

Deloitte successfully advises Taaleem on its initial public offering on the Dubai Financial Market

Dubai, UAE, December 13, 2022 – Deloitte successfully advised Taaleem Schools (Taaleem), one of the largest K-12 premium education providers in the UAE, on its initial public offering (IPO) on the Dubai Financial Market.  

The IPO was successful with shares in the company being 18 times oversubscribed, as Taaleem raised AED 750 million (USD 204 million) for a 25% stake, valuing the company at AED 3 billion (USD 817 million). This continues to drive the momentum of IPOs in Dubai, with more major operations expected before end of year and in 2023.

Deloitte worked closely with a large consortium of advisors, providing a range of customary due diligence services to Taaleem and the involved local banks. 

“We are pleased to take part in delivering another landmark IPO as we continue to support Dubai leadership’s vision of developing the local capital market and delivering quality services to our clients,” said Adnan Fazli, Partner,
Financial Advisory, Deloitte Middle East. “The due diligence services provided
by Deloitte continue to be key across major IPO operations taking place in the
Emirate, which is truly a testament to our team’s capabilities and experience
in the market.”

Press contact

Bassel Barakat
Senior Manager
External Communications | PR and Media
Tel: +971 (50) 158 0505

Click here for the Arabic version

About Deloitte & Touche (M.E.) LLP:

Deloitte & Touche (M.E.) LLP (DME) is the affiliate for the territories of the Middle East and Cyprus of Deloitte NSE LLP (“NSE”), a UK limited liability partnership and member firm of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee (“DTTL”).

DME is a leader in professional services with uninterrupted presence in the Middle East since 1926 with 26 offices in 14 countries and around 5,000 partners, directors and staff. DME’s presence in the Middle East and Cyprus is established through its affiliated independent legal entities, which are licensed to operate and to provide services under the applicable laws and regulations of the relevant country. DME’s affiliates and related entities cannot oblige each other and/or DME, and when providing services, each affiliate and related entity engages directly and independently with its own clients and shall only be liable for its own acts or omissions and not those of any other affiliate.

About Deloitte:

Deloitte refers to one or more of DTTL, its global network of member firms, and their related entities. DTTL (also referred to as “Deloitte Global”) and each of its member firms are legally separate and independent entities, which cannot obligate or bind each other in respect of third parties. DTTL and each DTTL member firm and related entity is liable only for its own acts and omissions, and not those of each other. DTTL, NSE and DME do not provide services to clients. Please see to learn more.

Deloitte is a leading global provider of audit and assurance, consulting, financial advisory, risk advisory, tax and related services. Our network of member firms in more than 150 counties and territories, serves four out of five Fortune Global 500® companies. Learn how Deloitte’s approximately 300,000 people make an impact that matters at

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