Markets

UAE’s Bloom Holding partners with New Era Education, New Giza Real Estate Development to build an international school in Egypt

by WAYA Staff - Sep 28, 2022

Bloom Holding, a real estate development company in the UAE, expands its education portfolio to Egypt through a joint venture with New Era Education and New Giza Real Estate Development to launch an international school in Egypt.

This partnership is expected to “bring global educational experiences into the Egyptian market towards the academic year 2024 with more than EGP 1.5 billion investments,” according to the press statement.

“The decision to expand our educational portfolio to Egypt is underpinned by the outstanding academic success of the schools we operate in the UAE, and we look forward to continuing to build upon our successes so far and further strengthening our position as one of the region’s leading education providers, through maintaining our commitment to excellence and supporting the development of future generations,” Carlos Wakim, CEO of Bloom Holding, said.

The new school is planned to open in August 2024 in New Giza in West Cairo.

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