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Lead Text: 
Dubai firm says it is 'very reluctantly' exiting after the school's professional licence was 'unilaterally' transferred to the landlord

Dubai-based school developer and operator Gems Education said it had been compelled to exit as operator from Our Own English High School Fujairah, adding that it had decided to leave “very reluctantly” amid a real estate dispute with the school premises’ landlord.  

In a statement cited by Construction Week’s sister title Arabian Business, Gems Education said: "The dispute arose after negotiations regarding the terms of renewal of our long-term lease with the landlord fell through and the professional licence of the school was unilaterally, and without our knowledge or consent, transferred into the name of the landlord in March 2018.

“As a result of these actions it is no longer possible for us to continue to operate the school from the current site.”

Gems education said it was trying to resolve the dispute “through the courts and other avenues”, adding that it would continue to “pursue our various legal claims through the courts, including seeking the reversal of the transfer of the professional license and return of all school assets”.

Story Relations: 
UAE's Gems Education acquires Ma'arif, will build 50 Saudi schools
Landlord dispute to delay teacher fees at Gems's OOEHS Fujairah
GEMS to operate new school in Ajman's Al Zorah
Published Date: 
Tuesday, September 10, 2019 - 17:30
Modified Date: 
Tuesday, September 10, 2019 - 17:21

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