Amanat’s Almasar Education Approved For IPO On Saudi Exchange, To List 30% Stake

Almasar Education IPO Saudi Exchange 2025 is set to be one of the region’s most-watched education listings. The Capital Market Authority granted approval for Almasar Alshamil Education Company to register and offer 30,720,400 shares (30% of its capital) on the Tadawul Main Market. The company’s prospectus—due before the subscription period—will detail financials, management background, operations, and risk factors. The listing approval is valid for six months.

Almasar Education is a major GCC education group, specializing in Special Education Needs (SEN) and higher education. Its notable assets include Human Development Company (the largest private SEN provider in Saudi Arabia, 60% owned), Middlesex University Dubai (100% owned), and stakes in NEMA Holding, which operates Abu Dhabi University and Liwa University.

With over 23,000 students and beneficiaries, the company posted a 23% year-on-year revenue increase for the six months ending June 2025, riding on enrolment growth and sector opportunities. Almasar plans to expand SEN centres in Saudi Arabia and boost higher education enrolments across the network, with a strategy closely aligned with Saudi Arabia’s and the UAE’s economic and human capital ambitions.