ALLEN CAREER INSTITUTE AND BODHI TREE SYSTEMS ANNOUNCE STRATEGIC PARTNERSHIP

$600 million investment by Bodhi Tree will help scale India’s biggest and most successful test-prep company; leverage digital technology to dramatically improve learning outcomes for students in India and beyond

MUMBAI, IndiaMay 1, 2022 /PRNewswire/ — ALLEN Career Institute (ALLEN) and Bodhi Tree Systems have announced a strategic partnership with the goal of building the world’s most admired and trusted education brand.

ALLEN is an education powerhouse with an unparalleled track record of success in the world’s most competitive college entrance examinations and Olympiads. ALLEN has a pan-India footprint with a growing presence in Middle East through 138 classroom centers in 46 cities, a team of highly dedicated and renowned faculty members, and a pedagogy that has been perfected over three decades. ALLEN’s partnership with Bodhi Tree Systems will build further on the test-prep offering and deliver at-scale positive impact for millions of students in test-prep and K12 segments, using technology as the core driver of value.

Bodhi Tree Systems is a newly formed platform between Lupa Systems Founder and CEO James Murdoch and Uday Shankar, the former president of The Walt Disney Company Asia Pacific and former Chairman of Star and Disney India. Bodhi Tree Systems will leverage its founders’ shared track record of building iconic consumer businesses to build ALLEN into a world-class digital education business of the future. Qatar Investment Authority (QIA), the sovereign wealth fund of the State of Qatar, is an investor in Bodhi Tree Systems.

“Education is a critical consumer need, driven by its deeply transformative impact on lives and livelihoods of consumers.”, Murdoch and Shankar said. “We believe that education is on the cusp of a technology led renaissance that will fundamentally alter how education is imparted and will increase its efficacy. ALLEN’s unrivaled success and scale provide the right foundation to build the digital education company of the future. We are excited to work with the Maheshwari family to build an outcomes-focused digital education company that delivers on the aspirations of millions of learners and parents in India and beyond.”

Founded by Rajesh Maheshwari in 1988, ALLEN is India’s most respected test prep brand that has created a positive transformational impact on over 2.5 million young lives since its inception. Aspirants for engineering and medical college entrance exams have gained tremendously from ALLEN’s high-quality pedagogy, resulting in an unparalleled track record of selections in prestigious exams such as IIT JEE Mains & Advanced, NEET-UG, KVPY, and the Olympiads.

Senior-most Director of ALLEN, Govind Maheshwari, said, “Our decision to enter into this strategic partnership with Bodhi Tree is founded on shared values, principles and an aligned vision of creating societal impact at scale through education globally.”

“Since its inception, ALLEN has focused on providing high quality education to students to help them achieve their highest potential and fulfil their career aspirations. In the process, we have helped create hundreds of thousands of doctors and engineers, who contribute to building India and the society of today. Our partnership with Bodhi Tree is an essential ingredient in furthering our mission to significantly increase ALLEN’s reach and impact. We are quite pleased and excited that the Bodhi Tree team also sees value in combining their expertise with our experience in Education.”, Rajesh Maheshwari said.

ALLEN’s Director Naveen Maheshwari said, “The journey of ALLEN has been one of always giving back to the society. ALLEN’s student-centric caring system has been its highlight. We believe this partnership is only going to take our pedagogy, caring-system and values to a very wide student community which was not able to associate with ALLEN otherwise due to physical constraints.”

Chairman-designate of the new Board, Brajesh Maheshwari further mentioned, “Most of the edtech products & services in the market are currently not solving for the needs of a student. With ALLEN’s time-tested pedagogy and Bodhi Tree’s track record in technology, the 2 T’s – ‘Teaching’ and ‘Technology’, will now come together to finally solve the problems of millions of students of outcome-driven learning in a tech-enabled environment.”

Keshav Maheshwari, from the second generation of the Maheshwari Family, mentioned, “Our partnership with Bodhi Tree will not only help us scale our Indian operations through technology but also fuel our growth journey in the Middle East.”

The transaction is expected to close within three months and is subject to closing conditions and requisite approvals.

EY acted as the exclusive financial advisor. Cyril Amarchand Mangaldas provided legal advisory and documentation support to ALLEN. EY provided due diligence services to Bodhi Tree. AZB & Partners were the legal advisors to Bodhi Tree.

About ALLEN

ALLEN is India’s premier coaching institute for the preparation of JEE (Main + Advanced), JEE (Main), Pre-Medical (NEET-UG), Pre-Nurture & Career Foundation (Class VI to X, NTSE & Olympiads). Website: www.allen.ac.in

Logo – https://mma.prnewswire.com/media/1808521/Allen_Career_Institute_Logo.jpg
Logo – https://mma.prnewswire.com/media/1808522/Bodhi_Tree_Logo.jpg

 

NIHR Chairman praises Bahrain’s achievements in protecting workers’ rights

Chairman of the National Institution for Human Rights (NIHR), Ali Ahmed Al-Derazi, has extended congratulations to all workers in Bahrain on the Labour Day, commending their dedicated efforts to serve the comprehensive development march, led by His Majesty King Hamad bin Isa Al Khalifa, and supported by His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince and Prime Minister.

 

Al-Derazi stressed workers’ right to a secure and safe work environment in which all labour rights confirmed by the national legislation and international labour standards are guaranteed, in order to achieve the sustainable development goals of the three production parties.

The NIHR chief hailed the top positions obtained by Bahrain within the reports on human development and women’s participation issued by the World Bank, the United Nations Development Programme and the International Labour Organisation, in recognition of the Kingdom’s achievements in the field of labour rights, in general, and the measures taken to safeguard workers’ rights during the Coronavirus pandemic, in particular, as well as its emphasis on the right to work for all.

 

Al-Derazi stressed that the NIHR spares no effort in following up on and monitoring the extent of compliance with the international conventions and treaties ratified by the Kingdom regarding the protection of workers’ rights, calling for commitment in order to preserve those rights.

 

He also called for cooperation among the three production parties and strengthening of community partnership in order to protect the rights of the national and expatriate workforce.

 

 

Source: Bahrain News Agency

BCCI congratulates workers on Labour Day

The Bahrain Chamber of Commerce and Industry (BCCI) has extended congratulations to workers at various production sites in the kingdom, marking the International Workers’ Day, which is observed all over the world on May 1.

 

BCCI also affirmed His Majesty King Hamad bin Isa Al Khalifa’s unlimited support and care for Bahraini workers.

 

In a statement marking the occasion, BCCI said that Bahrain is celebrating this year’s Labour Day following its multiple health, labour and development achievements and gains in the past period, thanks to the efforts of the government, led by His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince and Prime Minister, noting that the government is keen to support the labour sector in order to enable it to overcome the economic effects of the pandemic and move towards the recovery phase.

 

BCCI added that it is looking forward to consolidating cooperation will all production parties to develop the labour sector at various commercial, investment and industrial companies and institutions, in a way that would develop the national economy.

 

BCCI stressed that the event is an opportunity for the current generations of workers to achieve more excellence and progress in the labour fields to contribute to the development and prosperity of the kingdom, following in the footsteps of the fathers and forefathers, who exerted strenuous efforts in building the nation in all fields and at all levels.

 

Source: Bahrain News Agency

2ND OVERALL AT ROMANDIE FOR GINO MADER AFTER HE AND CARUSO FINISH 3RD & 4TH ON THE FINAL STAGE

A herculean effort from Team Bahrain Victorious’ leaders on the uphill TT that closed the 75th Tour de Romandie saw Swiss Gino Mäder finish 2nd on GC in his homeland, and Damiano Caruso move up 12 places to 6th.

Caruso, starting in 18th overall, had briefly taken the hotseat from more established climbers Thibaut Pinot (GFC) & Steven Kruijswijk (TJV), before Aleksandr Vlasov (BOH), – eventual stage & race winner – went just over a minute quicker on the 15.8km course.

Meanwhile, after finishing with the leaders the previous day, Mäder had gone 3rd fastest on the TT behind Vlasov and Simon Geschke (COF), which put the local favourite on the provisional podium with the overnight green (Rohan Dennis, TJV) and white (Juan Ayuso, UAE) jerseys still on the 7.7km ascent of Saint-Luc to Villars. Both went significantly slower than Mäder & Caruso, and slipped off the podium.

Finishing 2nd in the Team Classification, with a stage win and a rider on the podium, it has been another successful week for the squad.

I’m really happy with today, because it was a really good performance, and I’m happy for Gino too, finishing 2nd on GC,” said Caruso after the stage. “Without the bad luck yesterday, maybe it could have been even better, but that’s bike racing

The Italian had been in contention for the overall before a mechanical 300 metres from the line on the summit finish of stage 4 meant he lost 38 seconds. But there can be no doubt that the team has achieved its objectives in the French-speaking part of Switzerland.

Lead Sports Director Neil Stephens was delighted with how the week had played out: “It’s been fantastic racing, and we’ve been involved every single day trying something. It’s a bit disappointing that Damiano had his mechanical yesterday in the final, but to walk away with not only the stage win but Gino 2nd on GC too, is more than what we expected and very very satisfying.

Mäder, already a stage winner at the Giro d’Italia and the Tour de Suisse,  has been the centre of media attention throughout the week. He confirmed his status as one of the rising stars of the peloton with a best ever overall result in a stage race, following his 5th at last year’s Vuelta a España, but the 25 year old surprised even himself with his achievement on this final day.

We hoped for a podium, but I didn’t really believe in it until I crossed the finish line! I’m super happy, Damiano performed great, and as a team we rode well together the whole week, pushing each other. Yesterday was a bit of a frustrating day, but I think we bounced back pretty well – we can enjoy what was a good week!

 

Source: Team Bahrain Merida

HM King exchanges Eid Al Fitr good wishes with HRH Crown Prince and Prime Minister

His Majesty King Hamad bin Isa Al Khalifa received a cable of congratulations from His Royal Highness Prince Salman bin Hamad Al-Khalifa, the Crown Prince and Prime Minister, on Eid Al Fitr.

 

HRH the Crown Prince and Prime Minister wished HM the King good health, happiness and a long life and the Arab and Islamic nations progress and prosperity.

 

He prayed to Allah the Almighty to protect HM the King and achieve all his aspirations for the nation and its people.

 

HM the King sent a reply cable of thanks to HRH the Crown Prince and Prime Minister, wishing him many happy returns as well as the Kingdom of Bahrain and its loyal people, the Arab and Islamic nations further growth and prosperity.

 

 

Source: Bahrain News Agency

Executions, Detentions Hang Over Saudi Legal Reforms

Saudi Arabia is pushing to revamp its harsh justice system but reforms are overshadowed by executions and tough treatment of dissidents, raising questions about how much will change.

The kingdom is known for its strict interpretation of Islamic sharia law, which forms the basis of its judicial system.

But in recent months it has moved ahead with reforms that analysts say could make its courts function more like others in the Middle East.

That effort hinges on a series of new laws for sensitive issues like women’s divorce rights and judges’ power to determine criminal sentences.

Announced last year by de facto ruler Crown Prince Mohammed bin Salman, the measures, including the first written penal code, appear to align with Saudi Arabia’s goal of opening up to the world and softening its extremist image.

Even critics concede the changes could make Saudi courts more predictable, in some cases.

But there is no expectation that restrictions on free speech will ease, or that the legal system will treat more favorably perceived opponents of the government.

And despite the reforms, authorities have simultaneously provided reminders of what gave Saudi Arabia its ruthless reputation in the first place, notably the mass execution of 81 men in a single day in March for offenses related to ‘terrorism.”

‘Notorious’ system

Two new laws have already been approved by the Saudi Cabinet. One governs the admissibility of evidence, previously at the judges’ discretion.

The second, a family law, is to take effect in June. In a traditionally male-dominated system, it expands the rights of divorced women to alimony and custody of their children.

Announcing the new law in March, Prince Mohammed said it represented ‘a major qualitative leap’ for women’s rights and ‘family stability.”

The reforms seem partly to cater to foreign firms whose investment the kingdom is courting, said Adel al-Saeed, vice president of the European Saudi Organization for Human Rights.

‘The owners of capital are afraid of investing in this country, which is notorious in the legal aspect, so these laws are intended to change the image,’ he said.

The new penal code, yet to be unveiled, could bring further dramatic changes.

Under sharia, only apostasy, theft, revolt, armed robbery, adultery, drinking alcohol and slander carry prescribed sentences. Judges are left to determine punishment in other cases.

With a penal code in place, ‘the state will expect judges to rely not on their own training in sharia but instead on the legal rules (based on sharia) approved by the state,’ said Nathan Brown, an academic at George Washington University.

‘As a result, Saudi Arabia will look much more like a civil law system, much like most states in the region,’ said Brown, who has studied the Saudi reforms.

The result should be more ‘predictability,’ said Abdullah Alaoudh, a U.S.-based legal expert and government critic, as new rules ‘take away from the leeway … that the judges used to have.’

But tighter regulation by the monarchy also ‘creates a larger problem: lack of independence,’ he added.

The king is the head of the Saudi judiciary and acts as the final court of appeal.

Alaoudh’s own father, prominent cleric Salman al-Awdah, has been held since 2017, seemingly in retaliation for a Twitter post that clashed with Saudi Arabia’s policy at the time of isolating Qatar.

He is one of many detained in an apparent crackdown on dissent and those who could challenge Prince Mohammed’s power.

One of the most prominent examples is former crown prince Mohammed bin Nayef, the CIA ally respected in the West for his efforts to counter violent extremism, but who King Salman ousted from the line of succession.

Prince Nayef has not been seen in public since reports of his arrest in March 2020. His detention was never officially confirmed.

Shadow of Khashoggi

For government opponents, such cases reinforce questions about what difference the ongoing justice reforms will make.

‘In my view, this is all window-dressing,’ said Madawi al-Rasheed, a U.K.-based academic and spokesperson for the opposition National Assembly Party founded by exiles.

‘It’s very, very difficult to see what the meaning is of these reforms apart from the project of portraying (Prince Mohammed) as a reformer.’

Hanging over any discussion of justice and legal reform in Saudi Arabia is the 2018 murder and dismemberment of critic and columnist Jamal Khashoggi in the kingdom’s Istanbul consulate.

A U.S. intelligence assessment found Prince Mohammed himself ‘approved’ an operation to capture or kill Khashoggi, though Saudi officials deny this and say it was a ‘rogue’ operation.

In April, before Turkish President Recep Tayyip Erdogan visited Riyadh on Thursday and embraced Prince Mohammed, Turkey transferred the trial in absentia of 26 suspects in the Khashoggi case to Saudi Arabia.

Turkey’s decision drew anguished protest from lawyers and Khashoggi’s fiancee, who insisted Saudi courts couldn’t possibly hold a credible trial.

For the loved ones of those locked away, Khashoggi’s killing fuels a uniform fear of speaking out.

‘I want to, many do, but we’re scared,’ said a friend of Prince Salman bin Abdulaziz, who has been detained along with his father since 2018.

‘Everyone knows what happened to Khashoggi.’

 

Source: Big News Network

UAE to observe Eid al-Fitr on Monday: Moon-sighting Committee

Sunday, the 1st May, will be the 30th day of Ramadan 1443 H, and Monday, the 2nd May, corresponding to 1st Shawwal, will be the first day of Eid al-Fitr, announced the UAE Moon-sighting Committee in a statement issued after its meeting tonight.

Abdullah bin Sultan Al Nuaimi, Minister of Justice, and Chairman of the Committee, said the committee, after exhausting the sharia methods of sighting the crescent and making the necessary contacts with neighbouring countries, could not sight the Shawwal month crescent on Saturday evening, and therefore declares that Sunday, 1st of May, is the last day of Ramadan 1443, and that Monday, the 2nd of May, is the first day of Eid al-Fitr.

The minister and members of the committee extended warm congratulations on the glorious occasion to President His Highness Sheikh Khalifa bin Zayed Al Nahyan; His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai; His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, Their Highnesses Supreme Council Members and Rulers of the Emirates and Crown Princes.

They wished the President good health and wellbeing.

They also congratulated the UAE people and Muslims across the world on the auspicious occasion.

 

Source: Big News Network