CIRA announces management of Sharm Prime School in Sharm El Sheikh

Cairo for Real Estate Investments (CIRA) subsidiary Edu Systems International (ESI) has signed an agreement to manage the newly developed Sharm Prime School starting September 2020, where Russian will be the school’s official second language, according to a company disclosure to the EGX (pdf). The agreement will see CIRA take in an unspecified percentage of the school’s earnings without holding ownership stake.