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SEIC to conduct due diligence on CIRA ahead of acquisition plans. PLUS: News from TMG, Cleopatra, and Bokra
Baker Tilly will act as the transation’s financial advisor and prepare a fair value study for CIRA’s shares
PIF returns to market in first post-float investment, aims to take CIRA Education private in partnership with founders
CIRA will become PIF’s regional education champion, looking to grow in Egypt and beyond
THIS EVENING: SIC is raising its stake in CIRA Education with SEIC backing
Good afternoon, ladies and gents, and happy hump day. We’re punctuating the halfway point of the week with big news…
CIRA Education’s topline climbed 35% in 1H 2023-24
Revenues rose 35% thanks to higher enrollment rates, especially in universities.
Al Ahly CIRA’s Saxony Egypt will open its doors in September. PLUS: News from the House, NTRA, and FRA
Saxony Egypt will offer two-year diplomas and four-year bachelor’s degrees and is expected to begin operations with six programs
EIPICO, Ibnsina Pharma, Delta Sugar join EGX30 after index review + EFG tops Egypt brokerage league table in January
CIRA Education, Credit Agricole, and B Investments were removed from the EGX30
CIRA Education’s top line grows 31% on strong enrolment
Higher interest rates continued to put modest pressure on CIRA’s bottom line:CIRA Education saw its adjusted net income drop 7%…
Nahdet Misr acquires stake in early education startup Innovvette
Innovvette’s ownership is now equally split between its founding partner, CIRA Education, and Nahdet Misr
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