{"id":605858,"date":"2023-09-06T00:00:00","date_gmt":"2023-09-06T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/09\/06\/this-evening-private-intl-schools-get-clarity-on-this-years-tuition-fee-hikes\/"},"modified":"2023-09-06T00:00:00","modified_gmt":"2023-09-06T00:00:00","slug":"this-evening-private-intl-schools-get-clarity-on-this-years-tuition-fee-hikes","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/09\/06\/this-evening-private-intl-schools-get-clarity-on-this-years-tuition-fee-hikes\/","title":{"rendered":"THIS EVENING: Private + int\u2019l schools get clarity on this year\u2019s tuition fee hikes"},"content":{"rendered":"

Good afternoon dear readers, and happy ALMOST-THURSDAY. <\/strong> We hope that you have been able to manage the heat, along with the increased traffic as schools are back in full-throttle.<\/p>\n

THE BIG STORY TODAY <\/strong><\/p>\n

New adjustments to the cap on tuition fee increases in private + <\/strong> international schools <\/strong> : <\/strong> The Education Ministry has issued a decision imposing a tiered system for annual tuition fee increases for international and private schools, ranging from 6-25%, according to Ahram Online<\/a>. Schools with tuition fees at EGP 35k and above will be allowed to raise fees by 6%, while those with tuition fees below EGP 5k per year will be allowed to hike fees by up to 25%. <\/p>\n

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If you haven\u2019t already, <\/strong>it\u2019s time to let us know you\u2019re interested in attending<\/a><\/strong> the Enterprise Finance Forum. <\/strong><\/p>\n

COUNTDOWN- There are just 12 days until the Enterprise Finance Forum, which takes <\/strong> place 18-19 September <\/strong>(Monday and Tuesday) at the St. Regis Hotel on the Nile Corniche. This flagship forum is the latest in our must-attend series of invitation-only events, where CEOs, bankers, investors, founders, and corporate leaders will meet to discuss the trends shaping the future of banking, finance, NBFIs, and fintech \u2014 and of their clients.<\/p>\n

You won\u2019t want to miss this one: <\/strong> Join Basel El Hini <\/strong>(chairman, Housing and Development Bank), Hazem Hegazy <\/strong> (CEO and vice chairman, Al Baraka Bank), Ibrahim El Missiri <\/strong> (CEO, Somabay), Lamyaa Gadelhak <\/strong> (partner, Baker McKenzie), Ashraf Sabry <\/strong> (founder and CEO, Fawry), Dalia Wahba <\/strong> (CEO, Hassan Allam Utilities) and many others for talks on everything from how banks are transforming, to calling the future giants in fintech. Stay tuned for the unveiling of our full list of speakers in the coming days. <\/strong><\/p>\n

Tap or click here to REQUEST AN INVITATION or view the FULL AGENDA.<\/a><\/strong><\/p>\n

We are honored to count some of the region\u2019s most important financial institutions as <\/strong> our partners for this special event. <\/strong>The Enterprise Finance Forum could not take place without the support of our partners including Banque Misr, Al Baraka Bank, FAB Misr, HSBC, Mashreq, CI Capital, Global Corp, Visa, Hassan Allam Utilities, and the IFC. <\/p>\n

<\/a> <\/p>\n

THE BIG STORY ABROAD <\/strong><\/p>\n

The international business press can\u2019t seem to agree on the leading story today, but Big <\/strong> Tech is getting some heat. <\/strong>The EU\u2019s Digital Markets Act has tagged Apple, Alphabet, Meta, Microsoft, and China\u2019s ByteDance as \u201cgatekeepers,\u201d suggesting that they are restricting users from properly accessing services such as online searches, advertising, messaging and communications. (CNBC<\/a> | Reuters<\/a> | Bloomberg<\/a> | Financial Times<\/a>)<\/p>\n

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** CATCH UP QUICK <\/strong> on the top stories from today\u2019s EnterpriseAM<\/strong>:<\/p>\n