{"id":573795,"date":"2020-08-18T04:14:24","date_gmt":"2020-08-18T04:14:24","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/08\/18\/gems-to-invest-egp-1-bn-to-add-four-schools-to-its-egypt-portfolio\/"},"modified":"2020-08-18T04:14:24","modified_gmt":"2020-08-18T04:14:24","slug":"gems-to-invest-egp-1-bn-to-add-four-schools-to-its-egypt-portfolio","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/08\/18\/gems-to-invest-egp-1-bn-to-add-four-schools-to-its-egypt-portfolio\/","title":{"rendered":"GEMS to invest EGP 1 bn to add four schools to its Egypt portfolio"},"content":{"rendered":"

<\/a> INVESTMENT WATCH- GEMS to invest EGP 1 bn to add four schools to its Egypt <\/strong>portfolio: <\/strong>Private-sector education provider GEMS has earmarked EGP 1 bn to build two new schools and to purchase two existing facilities over the coming year, GEMS CEO Ahmed Wahby announced at a presser<\/a> yesterday to unveil its new partnership with ValU. The company is already going ahead with the new-build schools, with one facility in West Cairo and one in Rehab. GEMS\u2019 current portfolio includes operating three schools in Madinaty and one in Al Rehab.<\/p>\n

Background: <\/strong>GEMS, which operates in Egypt in a joint venture with EFG Hermes, yesterday signed an agreement<\/a> with EFG Hermes\u2019 e-finance platform ValU to provide tuition fee payment solutions to parents. These include low-interest bridge loans that would give parents breathing space to pay tuition fees in installments.<\/p>\n","protected":false},"excerpt":{"rendered":"

INVESTMENT WATCH- GEMS to invest EGP 1 bn to add four schools to its Egypt portfolio: Private-sector education provider GEMS has earmarked EGP 1 bn to build two new schools and to purchase two existing facilities over the coming year, GEMS CEO Ahmed Wahby announced at a presser yesterday to unveil its new partnership with […]<\/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":[736,73,72,1929,10367,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-573795","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-ahmed-wahby","tag-education","tag-enterpriseam","tag-gems","tag-private-school","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"38bd640b-a3e0-405a-a0b0-09de49d30924","is_powered_by":true,"section_story_id":"80fdf495-1342-4345-a5bd-6387379141bd","story_type":"1","photo_url":"","photo_position":"above","related_issue":[573785],"teaser":"","voice_url":""},"yoast_head":"\nGEMS to invest EGP 1 bn to add four schools to its Egypt portfolio - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2020\/08\/18\/gems-to-invest-egp-1-bn-to-add-four-schools-to-its-egypt-portfolio\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"GEMS to invest EGP 1 bn to add four schools to its Egypt portfolio\" \/>\n<meta property=\"og:description\" content=\"INVESTMENT WATCH- GEMS to invest EGP 1 bn to add four schools to its Egypt portfolio: Private-sector education provider GEMS has earmarked EGP 1 bn to build two new schools and to purchase two existing facilities over the coming year, GEMS CEO Ahmed Wahby announced at a presser yesterday to unveil its new partnership with […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2020\/08\/18\/gems-to-invest-egp-1-bn-to-add-four-schools-to-its-egypt-portfolio\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2020-08-18T04:14:24+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/08\/18\/gems-to-invest-egp-1-bn-to-add-four-schools-to-its-egypt-portfolio\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/08\/18\/gems-to-invest-egp-1-bn-to-add-four-schools-to-its-egypt-portfolio\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"GEMS to invest EGP 1 bn to add four schools to its Egypt portfolio\",\"datePublished\":\"2020-08-18T04:14:24+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/08\/18\/gems-to-invest-egp-1-bn-to-add-four-schools-to-its-egypt-portfolio\/\"},\"wordCount\":149,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Ahmed Wahby\",\"Education\",\"EnterpriseAM\",\"GEMS\",\"private school\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/08\/18\/gems-to-invest-egp-1-bn-to-add-four-schools-to-its-egypt-portfolio\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2020\/08\/18\/gems-to-invest-egp-1-bn-to-add-four-schools-to-its-egypt-portfolio\/\",\"name\":\"GEMS to invest EGP 1 bn to add four schools to its Egypt portfolio - 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The investment brings the fund to its third close, a source with direct knowledge of\u2026","rel":"","context":"In "Investment Watch"","block_context":{"text":"Investment Watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/investment-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/3\/366.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":629415,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/30\/clarification-efg-gems-acquire-four-schools-in-egp-1-bn-transaction-from-tmg\/","url_meta":{"origin":573795,"position":4},"title":"CLARIFICATION- EFG, GEMS acquire four schools in EGP 1 bn transaction from TMG","author":"enterpriseam admin","date":"30 May 2018","format":false,"excerpt":"CLARIFICATION- EFG, GEMS acquire four schools in EGP 1 bn transaction from TMG: EFG Hermes and GEMS Education\u2019s joint K-12 education platform in Egypt acquired four schools in Madinaty and Al Rehab from the Talaat Moustafa Group (TMG) for EGP 1 bn. 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