NCBIS in danger of being shut down? The Education Ministry has reportedly ordered New Cairo British International School (NCBIS) shuttered starting next year, Egypt Independent claims. The report says “the institution has no license and the students are not officially registered” adding that the suspension will be enforced starting from the next school year. NCBIS denied the report when contacted by Egypt Independent and said “the school will be working normally and there is no problem.” The story has yet to cross over into the Arabic press. Elsewhere, the board of the school — which was recently named “governing body of the year” at a London awards ceremony for British international schools — has reportedly moved to curb benefits of long-term staff, suggesting they have effectively been “localized” by virtue of their long tenure.
More from Enterprise
Israel’s Arkia Airlines moves flights to Egypt’s Taba to bypass wartime airspace restrictions
Israel’s Arkia shifts some flights to Egypt as airspace tightens…
Miga guarantee unlocks USD 313 mn for National Bank of Egypt trade finance
Plus: Incolease taps securitization market with debut EGP 2 bn…
Private capital hasn’t frozen in MENA — but the exit playbook could change if the war drags on
PE and VC-backed companies were already pivoting to local exchanges…
Telda moves into investing with zero-fee stock trading
Telda claims users can sell a position and immediately spend…