Wealth Monitor: Coded Minds Closes Funding Round with Arabia Investments

Dubai, UAE – 14 March 2019 – Coded Minds, a fast-growing education technology firm, has announced the closing of its latest round of funding from a single investor, Alarabi Investments. By investing AED 10 million,  Alarabi Investments has become a significant minority shareholder in Coded Minds Limited therefore valuing Coded Minds now at AED 40 million with this round of funding.

“We welcome a fabulous partner like Alarabi Investments onboard and believe that this partner- ship will allow Coded Minds to not only execute on its UAE expansion plans but also to further enter into Saudi Arabia as a key market immediately while continuing to develop & enhance our course offerings” said Omar Farooqui, Founder and Chief Innovation Officer of Coded Minds

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