JEDDAH, 15 April 2008 — Emaar, The Economic City (Emaar.E.C), the Tadawul-listed company developing King Abdullah Economic City (KAEC), and the Saudi Investment Authority (SAGIA), the prime facilitator of KAEC, have signed a Memorandum of Understanding (MoU) with Global Educational Management Systems (GEMS), an international education provider, to establish the first school in KAEC.
The school, to be operational in 2009, will spread over 50,000 squar meters and initially offer kindergarten to high school classes for over 2,000 students. It will also drive KAEC’s objective of becoming the regional Center of Excellence in education.
The school will be a highlight of the Residential Communities and will focus on providing international standards of education through highly qualified teachers and contemporary classroom environments, advanced laboratories, and extensive art and sports facilities to assure well-rounded development of children.
