Emerging markets private equity giant the Abraaj Group is eyeing new investments in Egypt's education sector, Managing Partner and Global Head of Private Equity Mustafa Abdel-Wadood tells Al Borsa. Abdel-Wadood suggested the vehicles for follow-on investment will be education provider Tiba, which owns Thebes Language Schools, and Cairo For Investment & Real Estate Development. Abraaj had acquired a stake in Tiba back in 2015. Abraaj is also looking at opportunities in the Egyptian healthcare market through Cleopatra Hospitals Group, he added. Cleopatra Hospital had announced in September that it is planning to invest up to EGP 1 bn to bring its total capacity up to 1,000 beds.

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