Mackeen Holding, a quasi-government business group with diversified interests in Qatar and CORE Education & Consulting Solutions FZ LLC (CORE), a wholly owned subsidiary of CORE Education & Technologies announced their joint venture for developing world-class education environment in Qatar.
The joint venture will allow Mackeen and CORE align their educational products and solutions offerings to Qatar's National Vision 2030 where education is a major focus. Currently, the Qatar government spends an estimated US$ 5.20 billion annually on education alone.
As per the terms of the joint venture, Mackeen will own 51% while the rest will be owned by CORE. CORE and Mackeen will also design, conceptualize and implement 'CORE Thinking Schools' across the country, further transforming the educational system of Qatar, while introducing global best practices in education project implementation, evaluation and monitoring.