Emaar transfers education portfolio to Innoventures

Emaar Properties has transferred its education portfolio in Dubai, including two schools, six nurseries and a vocational training campus, to Dubai-based education provider Innoventure Educational Investments. The move will be effective from the next academic year commencing September 2010. Under the partnership agreement, Innoventure will manage Raffles International Umm Suqeim West Campus and Raffles International Umm Suqeim South Campus, and the six nurseries in The Lakes, Downtown Dubai, The Springs and the Umm Suqeim South Campus.