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.
More from Enterprise
AI in Egyptian banking is “in its infancy,” and the pause is deliberate
Bankers say the rules aren’t written yet. Data center builders…
Banks threaten to look beyond London as windfall tax talk grows
International lenders say more tax could tip the balance as…
EFG has three more IPOs lined up before year-end, including one hefty offering
Group CEO Karim Awad credits the central bank’s decision to…
Egyptian-UK fintech Zeal raises USD 10 mn to back expansion plans
The London-based, Egyptian-founded fintech is preparing to activate its loyalty…