Hear ye, all you proud parents of recent graduates, private universities’ tuition fees have been hiked by 10%, according to statements by Higher Education Minister Khaled Abdel Ghaffar yesterday. The fee increase applies to the 20 private universities in the country, including those established by foreign governments, Egypt Independent reports. Some universities, including the American University in Cairo (AUC) have already hiked their tuition fees. As of February, the university had more than doubled its fees in EGP terms after the November EGP float, leading its students to protest on campus.
More from Enterprise
Banque du Caire’s blockbuster IPO holds firm against EGX selloff
The IFC and the EBRD are in for USD 100…
Electricity Ministry studies changing how your electricity bill gets calculated
The plan is still under study, and neither of the…
EGX’s newest investors meet their first selloff
Heavy borrowing, margin calls, and looming repayments could make a…
DPI closes Egypt-born fintech fund Nclude at USD 112 mn
The final close adds roughly USD 7 mn to a…