AUC ordered to collect fees in EGP only, court orders

AUC has to collect tuition fees fully in EGP, the administrative court ordered, according to Al Shorouk. Payment of tuition fees cannot include foreign currency, the court added. Al Shorouk notes that AUC has been collecting half of the tuition fees in USD and the other half in EGP since 2014. As far as the piece notes, it is not clear if the court decision places any restriction on charging the tuition fees in EGP equivalent of a USD amount. We believe AUC has the right to appeal the decision.