{"id":574050,"date":"2020-08-27T04:16:34","date_gmt":"2020-08-27T04:16:34","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/08\/27\/cira-has-already-accounted-for-the-cost-of-25-bus-fee-rebate\/"},"modified":"2020-08-27T04:16:34","modified_gmt":"2020-08-27T04:16:34","slug":"cira-has-already-accounted-for-the-cost-of-25-bus-fee-rebate","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/08\/27\/cira-has-already-accounted-for-the-cost-of-25-bus-fee-rebate\/","title":{"rendered":"CIRA has already accounted for the cost of 25% bus fee rebate"},"content":{"rendered":"<p>EGX-listed schools operator CIRA had already accounted for a 21% rebate of the last academic year\u2019s transport fees before the Consumer Protection Authority order earlier this week telling schools to <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/6385fedb-e9b4-4189-9ddb-d43129e3d449\">refund 25% of bus fees from the 2019-2020 academic year<\/a>, according to <a href=\"https:\/\/ent.news\/2020\/8\/CIRAs-Update-on-The-Consumer-Protection-Authority-CPA-Decree-Regarding-the-Schools-Transportation-Fees-.pdf\">a statement (odf)<\/a>. The refund, which will be credited to the upcoming academic year for returning students, amounted to EGP 9.5 mn, and the leading private sector education outfit will earmark an additional EGP 2 mn to meet the CPA\u2019s directives.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>EGX-listed schools operator CIRA had already accounted for a 21% rebate of the last academic year\u2019s transport fees before the Consumer Protection Authority order earlier this week telling schools to refund 25% of bus fees from the 2019-2020 academic year, according to a statement (odf). The refund, which will be credited to the upcoming academic [&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":[9314],"tags":[402,107,73,72,2400],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-574050","post","type-post","status-publish","format-standard","hentry","category-health-education","tag-cira-education","tag-covid-19","tag-education","tag-enterpriseam","tag-health-education","wpautop","entry"],"acf":{"mongo_id":"1a39932a-1d70-4638-9ce7-e474f24316a6","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[574026],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>CIRA has already accounted for the cost of 25% bus fee rebate - 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\/27\/cira-has-already-accounted-for-the-cost-of-25-bus-fee-rebate\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CIRA has already accounted for the cost of 25% bus fee rebate\" \/>\n<meta property=\"og:description\" content=\"EGX-listed schools operator CIRA had already accounted for a 21% rebate of the last academic year\u2019s transport fees before the Consumer Protection Authority order earlier this week telling schools to refund 25% of bus fees from the 2019-2020 academic year, according to a statement (odf). The refund, which will be credited to the upcoming academic [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2020\/08\/27\/cira-has-already-accounted-for-the-cost-of-25-bus-fee-rebate\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2020-08-27T04:16:34+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<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/08\/27\/cira-has-already-accounted-for-the-cost-of-25-bus-fee-rebate\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/08\/27\/cira-has-already-accounted-for-the-cost-of-25-bus-fee-rebate\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"CIRA has already accounted for the cost of 25% bus fee rebate\",\"datePublished\":\"2020-08-27T04:16:34+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/08\/27\/cira-has-already-accounted-for-the-cost-of-25-bus-fee-rebate\/\"},\"wordCount\":92,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"CIRA Education\",\"covid-19\",\"Education\",\"EnterpriseAM\",\"Health + Education\"],\"articleSection\":[\"Health + Education\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/08\/27\/cira-has-already-accounted-for-the-cost-of-25-bus-fee-rebate\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2020\/08\/27\/cira-has-already-accounted-for-the-cost-of-25-bus-fee-rebate\/\",\"name\":\"CIRA has already accounted for the cost of 25% bus fee rebate - 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The Consumer Protection Authority (CPA) has issued a decision requiring schools, higher education institutions, and third-party transportation providers to refund 25% of school bus fees paid for the 2019-2020 academic year, according to a statement.\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":576071,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/11\/09\/earnings-watch-cira-oriental-weavers-credit-agricole\/","url_meta":{"origin":574050,"position":1},"title":"Earnings watch: CIRA, Oriental Weavers, Credit Agricole","author":"enterpriseam admin","date":"9 November 2020","format":false,"excerpt":"EARNINGS WATCH- CIRA revenues cross EGP 1 bn mark in FY2019-2020: Private sector education outfit CIRA reported a 54% y-o-y rise in net revenues to EGP 1.09 bn in their 2019-2020 fiscal year, which ends on 31 August, according to the company\u2019s earnings release (pdf). Net profit for the year\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":575887,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/11\/02\/your-top-education-stories-of-the-week-30\/","url_meta":{"origin":574050,"position":2},"title":"Your top education stories of the week","author":"enterpriseam admin","date":"2 November 2020","format":false,"excerpt":"Your top education stories of the week: The King Salman International University was inaugurated on Saturday: The university has three branches across South Sinai \u2014 in Sharm El Sheikh, Al Tur, and Ras Sidr \u2014 and is a joint project between Egypt and Saudi Arabia.CIRA\u2019s British Regent School in New\u2026","rel":"","context":"In \"British Regent School\"","block_context":{"text":"British Regent School","link":"https:\/\/enterpriseam.com\/egypt\/tag\/british-regent-school\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":575555,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/19\/egypts-cpa-goes-after-schools-refusing-25-refund-of-last-years-school-bus-fees\/","url_meta":{"origin":574050,"position":3},"title":"Egypt\u2019s CPA goes after schools refusing 25% refund of last year\u2019s school bus fees","author":"enterpriseam admin","date":"19 October 2020","format":false,"excerpt":"CPA goes after schools refusing 25% refund of last year\u2019s bus fees: Three unnamed schools and a private university were referred to the prosecutor\u2019s office for failing to comply with a regulatory decision requiring education and third-party transportation providers to refund 25% of school bus fees paid for the 2019-2020\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":579166,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/01\/29\/cira-sees-higher-revenues-in-1q-2022-2023-but-rising-rates-hit-net-income\/","url_meta":{"origin":574050,"position":4},"title":"CIRA sees higher revenues in 1Q 2022-2023 but rising rates hit net income","author":"enterpriseam admin","date":"29 January 2023","format":false,"excerpt":"CIRA Education reports higher revenues, lower bottomline in 1Q 2022-2023: EGX-listed education services provider CIRA Education reported EGP 104.7 mn in adjusted net income in 1Q 2022-2023, down 3% y-o-y, according to the company\u2019s earningsrelease(pdf). 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