Gulf NRIs group to target Indian expats in the region

Dubai, Oct 31 (PTI) A group of Non Resident Indians (NRIs) in the UAE have formed a holding company to invest in developing new schools, colleges and professional educational institutions in the Middle East and India. Dr P A Ibrahim, chairman of the newly formed company called the Pace Group, said it has been formed with a long-term plan to expand the network of schools, colleges and other educational institutions in the UAE, other GCC (Gulf Cooperation Council) countries and India. As a prelude to competing with leading Indian school groups like Gems and New Indian Modern Schools (NIMS) under the Varkey group, the Pace group will be setting up new schools in Dubai, Qatar and Saudi Arabia. "We have just completed a new state-of-the- art school project in Sharjah called the India International School, which provides CBSE (Central Board of Secondary Education of India) international syllabus and Montessori courses. "Indian students and students of other nationalities study there. Currently, India International School, Sharjah, Gulf Asian English School, Sharjah, and India International School, Kuwait are among the eight educational institutions under the Pace group," a statement issued by the group said. PTI