Alcazar Capital declares that it has obtained an additional equity share in Creative Technology Solutions "CTS" via its specialized investment entity, Alcazar EdTech. CTS, an inventive EdTech company based in the UAE, is leading the way in delivering technology solutions for education, spanning from kindergarten to higher education, with the aim of enhancing teaching and learning results. CTS has established a notable presence in the EdTech sector and has emerged as a reliable partner for schools and universities in the GCC, particularly amid the difficulties posed by the COVID-19 pandemic.
Charbel Abou Jaoude, the CEO of Alcazar Capital and Chairman of the Board of Directors for CTS, expressed his excitement about this partnership, stating: “Our ongoing collaboration with CTS has strengthened our belief in the transformative power of technology in the field of education. Despite the education sector lagging behind in digitization compared to other industries, the importance of integrating technology in and out of the classrooms is now undeniable. CTS has demonstrated an impressive growth trajectory under visionary leadership. We eagerly anticipate being part of the upcoming phase of CTS’s journey”. Alcazar Capital is a Dubai-based financial services firm with a robust track record in operations and value creation.
Basem Chbaklo, CEO and co-founder of CTS remarked: “Our collaboration with Alcazar emphasizes our dedication to constructing a technology-driven educational framework that is future-proof. We are enthusiastic about solidifying our partnership with Alcazar and continuing to leverage their financial acumen, strategic insights, and extensive network. Our focus is on accelerating growth, expanding our product range, integrating AI solutions further into our offerings, and leaving a lasting impact on education in the region and beyond”. Established in 2013, CTS is a pioneering EdTech entity originating from the UAE. The company provides a comprehensive suite of customized technological solutions for educational institutions, complemented by unparalleled in-house EdTech expertise.
