Back to the complete issue
Monday, 11 November 2019

Your top 5 education stories for the past week

Your top five education news stories in Egypt over the past week:

  • Cairo for Real Estate and Investment’s (CIRA) net profit soared 75% y-o-y on the back of revenue increases in K-12 and the higher education segment.
  • Egypt Learning Group is studying investing EGP 1 bn to set up four new language schools in Shorouk City and Alexandria, founding partner and CEO Ayman Badr told the local press on Wednesday.
  • IMF report suggests that Egypt, along with Mauritania, Morocco, and Tunisia require significant investments in education and health to unlock female labor force participation.
  • Madbouly Cabinet approves additional USD 13 mn of funding from USAID as part of a broader aid agreement to support basic education.
  • Egypt to build six new schools … in Somalia? That’s what Education Minister Tarek Shawki discussed with his Somalian counterpart last week, according to a ministry statement picked up by the local press.

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. © 2022 Enterprise Ventures LLC.

Enterprise is available without charge thanks to the generous support of HSBC Egypt (tax ID: 204-901-715), the leading corporate and retail lender 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; Moharram & Partners (tax ID: 616-112-459), the leading public policy and government affairs partner; Palm Hills Developments (tax ID: 432-737-014), a leading developer of commercial and residential properties; Mashreq (tax ID: 204-898-862), the MENA region’s leading homegrown personal and digital bank; Industrial Development Group (IDG) (tax ID:266-965-253), the leading builder of industrial parks in Egypt; Hassan Allam Properties (tax ID:  553-096-567), one of Egypt’s most prominent and leading builders; and Saleh, Barsoum & Abdel Aziz (tax ID: 220-002-827), the leading audit, tax and accounting firm in Egypt.