Almasar Alshamil education reports strong growth in 2026

NEMA Holding, which owns and operates Abu Dhabi University (“ADU”) and Liwa University (Liwa), also continued to deliver strong growth across its higher education platform. Enrollment across both universities increased 24% year-on-year to 14k (AY25/26) whilst Almasar’s share of profit from associates increased 94% year-on-year to SAR 54.4 million in 9M 2026, reflecting strong operating performance across the business.

“Almasar Alshamil Education delivered a strong performance in the first nine months of 2026, reflecting the strength of our diversified education platform and sustained demand across our higher education and special needs education and care segments. The continued expansion of HDC, positive momentum at MDX and exceptional contribution from NEMA reinforce our confidence in the resilience, scalability and long-term growth potential of our business. As we move forward, our ambition extends beyond expanding capacity. We are focused on building a leading, integrated education platform that combines academic excellence, specialised education and care, and innovative learning opportunities. With a clear strategy, disciplined investment approach and a growing presence, we remain confident in our ability to deliver sustainable growth and create lasting value for our students, the communities we serve and our shareholders.”

“Our 9M 2026 results reflect strong momentum across the Company, with revenue increasing 21% and EBITDA and adjusted net profit both up 36% year-on-year. Q3 2026 is seasonally affected by the summer academic break, while the higher operating cost base reflects continued investment behind strong student growth at MDX, alongside the ramp-up and expansion of our HDC facilities network. We maintain a positive outlook for Q4 2026 and the remainder of the academic year, supported by continued strength and resilience in student and beneficiary enrollments and the ongoing execution of our growth strategy.”

At a Group level, including Almasar’s Special Needs Education and Care (SEC) segment, revenue increased 21% year-on-year to SAR 405.5 million in 9M 2026. Adjusted EBITDA increased 37% to SAR 178.7 million, while adjusted net profit1 increased 36% to SAR 109.0 million. Adjusted net profit attributable to equity holders1 increased 42% year-on-year to SAR 95.4 million.