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Sunday, 7 June 2020

ODE, NIS ink agreement to develop two int’l schools in O West

Orascom Development Egypt (ODE) has signed an agreement with Nermine Ismail School (NIS) that will see NIS develop two K-12 international schools in the former’s residential compound O West, ODE said in a regulatory filing (pdf). The agreement is the third of a series of school development contracts with NIS that have helped ODE secure cash flows of EGP 535 mn.

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