CIRA Education has acquired a 51% stake in L’École Française d’Hurghada, marking its first foray into the Red Sea’s international education market, the EGX-listed education provider said in a statement (pdf). The French school’s founder Bouchra Cherkaoui will retain the remaining 49% stake and remain actively involved in its development.
What’s CIRA planning? CIRA will introduce a German section starting September under its SIS brand — the first German curriculum offering in Hurghada — with 160 students already enrolled from kindergarten through Grade 12.
What’s next? CIRA Education is also planning to launch an American English stream soon to address the increasing demand for international education in Hurghada.
What they said: “At CIRA, we’re committed to delivering quality education where it’s needed most, and Hurghada represents an exciting, underserved geography for us. By introducing German and American tracks alongside the existing French program, we’re creating a richer, more inclusive academic environment for families in the region,” CEO Mohamed El Kalla said.