Egypt’s Education Ministry open to discuss foreign ownership limit with schools

The Education Ministry’s recent decision to implement a 20% cap on foreign investor ownership in international schools will not be applied retroactively, according to a ministry official. The ministry is also open to discussing the decision and its implications of the decision with school management bodies, the official said, while maintaining the move is “in line with national security considerations.” This comes as a number of school owners said they are gearing up to meet with the minister to lobby against the decision.