GEMS Egypt to expand into textbook making, training as part of five-year plan

GEMS Egypt for Education Services plans to start producing textbooks and provide training to teachers as part of a five-year expansion plan, reports Al Mal. GEMS Egypt was established in 2018 as a joint fund between EFG Hermes’ Egypt Education Fund and UAE-based Gems Education. It is focused on K-12 education in Egypt and currently owns four private schools, all located to the east of Cairo. Its investments in Egypt’s education sector are expected to reach USD 300 mn by 2023.