Almasar Alshamil Education JSC , the leading provider of specialized education in the GCC, reported strong operational and financial performance for the nine-month period ended 30 September 2026 (“9M 2026”), supported by continued growth across its education businesses in the UAE and Saudi Arabia.
MIDDLESEX UNIVERSITY DUBAI
At Middlesex University Dubai (MDX0, AY25/26 enrollment increased 16% year-on-year to 7.2k students, driven primarily by growth in international students and supported by targeted recruitment initiatives and an expanded academic offering. Revenue increased 22% year-on-year to SAR 221.1 million, while EBITDA increased 24% to SAR 77.5 million.
MDX also continued to invest in its regional proposition through the launch of the London Sports Institute and expanded capacity in Dubai Media City. Enrollment for the upcoming term reached 6.9k students, up 7% year-on-year.
NEMA HOLDING
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.
ADU also advanced 43 places in the QS World University Rankings 2027 and introduced 15 new multidisciplinary programs in AY25/26, followed by five additional programs in Fall 2026/27.
