{"id":573097,"date":"2020-07-20T03:58:06","date_gmt":"2020-07-20T03:58:06","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/20\/ode-nis-to-invest-more-than-egp-500-mn-in-two-intl-schools-in-o-west\/"},"modified":"2020-07-20T03:58:06","modified_gmt":"2020-07-20T03:58:06","slug":"ode-nis-to-invest-more-than-egp-500-mn-in-two-intl-schools-in-o-west","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/20\/ode-nis-to-invest-more-than-egp-500-mn-in-two-intl-schools-in-o-west\/","title":{"rendered":"ODE, NIS to invest more than EGP 500 mn in two int\u2019l schools in O West"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-07\"><\/a> <strong>INVESTMENT WATCH- ODE, NIS to invest over EGP 500 mn in two int\u2019l schools in <\/strong><strong>O West: <\/strong>A recent partnership between Orascom Development Egypt (ODE) and <a href=\"http:\/\/nis-egypt.com\/aep\/\">Nermine Ismail School<\/a> (NIS) will see upward of EGP 500 mn invested in a project to develop two K-12 international schools in ODE\u2019s residential compound O West, NIS said in <a href=\"https:\/\/ent.news\/2020\/7\/NIS-ENG-PRL.pdf\">a press release (pdf)<\/a>. Two schools, one offering an American diploma and another a British IGSCE and International Baccalaureate are slated for inauguration in September 2022, one year before the first unit in O West is delivered. We took note of the partnership agreement <a href=\"https:\/\/enterprise.press\/stories\/2020\/06\/07\/ode-nis-ink-agreement-to-develop-two-intl-schools-in-o-west-16689\/\">last month<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>INVESTMENT WATCH- ODE, NIS to invest over EGP 500 mn in two int\u2019l schools in O West: A recent partnership between Orascom Development Egypt (ODE) and Nermine Ismail School (NIS) will see upward of EGP 500 mn invested in a project to develop two K-12 international schools in ODE\u2019s residential compound O West, NIS said [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[73,72,125,5543,1838,256,83,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-573097","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-education","tag-enterpriseam","tag-investment-watch","tag-nermine-ismail-school","tag-o-west","tag-orascom-development-egypt","tag-real-estate","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"12612a91-22ce-4c27-af6a-f7d12cfe1f5f","is_powered_by":true,"section_story_id":"c15ebc53-12a3-4853-9311-b8380efc648c","story_type":"1","photo_url":"","photo_position":"above","related_issue":[573088],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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ODE\u2019s consolidated revenue rose 38.8% last year to EGP 4.7 bn up from EGP 3.3 bn in 2018 on the back of real estate sales soaring 202.5%\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":584043,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/03\/26\/sodic-ode-end-talks-for-orascom-real-estate\/","url_meta":{"origin":573097,"position":3},"title":"SODIC, ODE end talks for Orascom Real Estate","author":"enterpriseam admin","date":"26 March 2023","format":false,"excerpt":"SODIC submitted a non-binding offer for the firm in October","rel":"","context":"In &quot;M&amp;A WATCH&quot;","block_context":{"text":"M&amp;A WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/ma-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/3\/409.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":596220,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/21\/earnings-watch-orascom-development-egypt-arabian-cement\/","url_meta":{"origin":573097,"position":4},"title":"Earnings watch: Orascom Development Egypt, Arabian cement","author":"enterpriseam admin","date":"21 August 2019","format":false,"excerpt":"EARNINGS WATCH- ODE doubles y-o-y profit to EGP 205 mn in 2Q2019: Orascom Development Egypt (ODE) doubled its net profits in 2Q2019 to EGP 205.2 mn, up from EGP 101.5 mn in the same period last year, according to an EGX earnings statement (pdf). 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