Mohamed El Kalla, CEO of Cairo for Investment and Real Estate (CIRA).
As the head of one of the largest private sector education operators, El Kalla is someone who understands the business of education. He has seen the seismic shifts in the industry over the past few decades: from family-owned businesses to corporations, from Cairo and Alex to the other governorates, from the super wealthy to the middle class, from individual shareholders to IPOs and private equity, and from the classroom to your home. CIRA has even led the way on a number of these trends.
His tenure saw him lead the company through a successful relisting on the EGX in 2018, which fueled a massive expansion. The company has 19 K-12 schools, one university, and over 30k students under their belt. Their lineup of brands now includes Futures, Maverick schools, British Columbia schools, and Badr University, among others.
His active investment in education tech startups has kept him abreast of all the exciting new developments in e-learning and education platforms.
And this was all before covid-19, where the millenia-old tradition of the classroom was rendered archaic in a span of a few months. The impact this transformation has had on our lives cannot be understated. School children now have to act like online grad school students and parents have had to become teaching assistants. Yet despite this transformation, the transition has appeared almost seamless. Having been on the frontline of that transformation, El Kalla gave us a first hand account of how hard it was to get us here.
This is also the first podcast interview we’ve done entirely from home, making it the most appropriate episode to kick off what we hope is an exciting new season.
** Subscribe to Making it here for https://bit.ly/35lugvb.
** Subscribe to Enterprise, our 6am briefing on business, finance and economics in Egypt (also free) at www.enterprise.press.
Making It is grateful for the generous support of:
CIB, Egypt’s number-one private-sector bank and the partner of choice for CEOs and leaders of businesses at all stages of their growth stories
The United States Agency for International Development, which has a 40 year history of inspiring Egyptian success in partnership with the Government and people of Egypt.
Enterprise is a daily publication of Enterprise Ventures LLC, an Egyptian limited liability company (commercial register 83594), and a subsidiary of Inktank Communications. Summaries are intended for guidance only and are provided on an as-is basis; kindly refer to the source article in its original language prior to undertaking any action. Neither Enterprise Ventures nor its staff assume any responsibility or liability for the accuracy of the information contained in this publication, whether in the form of summaries or analysis. © 2021 Enterprise Ventures LLC.
Enterprise is available without charge thanks to the generous support of Commercial International Bank (tax ID: 204-891-949), the largest private-sector bank in Egypt; EFG Hermes (tax ID: 200-178-385), the leading financial services corporation in frontier emerging markets; SODIC (tax ID: 212-168-002), a leading Egyptian real estate developer; SomaBay (tax ID: 204-903-300), our Red Sea holiday partner; Infinity (tax ID: 474-939-359), the ultimate way to power cities, industries, and homes directly from nature right here in Egypt; CIRA (tax ID: 200-069-608), the leading providers of K-12 and higher level education in Egypt; Orascom Construction (tax ID: 229-988-806), the leading construction and engineering company building infrastructure in Egypt and abroad; and Act Financial (tax ID: 493-924-612), the leading activist investor in Egypt.