Egypt Learning mulls investing EGP 1 bn to set up 4 schools

Egypt Learning Group is studying investing EGP 1 bn to set up four new language schools in Shorouk City and Alexandria, founding partner and CEO Ayman Badr told the local press. The company is already building two other international schools in Mountain View Sheikh Zayed and the Fifth Settlement, and has invested a separate EGP 1 bn in these schools, one of which will open its doors to students in September 2020. The Egypt Learning Group was established by a consortium of Saudi and Egyptian investors and had last year hinted at plans to list on the EGX.