Five companies win tender for phase one development of 200 PPP schools: The Education Ministry has chosen five companies to develop the first of 200 schools under a public-private partnership framework and has sent the list of winning companies to the Ismail Cabinet for approval, according to Education Ministry advisor Sherine Matar says. Matar did not name names, but government sources had said earlier this month that El Gazeera, the Middle East Education Services Group, and CIRA were among seven shortlisted bidders. Work on developing the 21 schools is expected to begin as soon as Cabinet signs off on the result of the tender; the schools should open their doors to students by next year, according to Matar. The government is also gearing up to issue tenders for the second phase of the PPP schools program.
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…
EGX30 sheds 4.43% in October to post its first back-to-back monthly loss of 2026
The benchmark fell 4.43% and the small caps twice as…
DPI closes Egypt-born fintech fund Nclude at USD 112 mn
The final close adds roughly USD 7 mn to a…