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CIRA to establish first applied technologies university

CIRA to establish first applied technologies university

ArabFinance:  Cairo for Investment and Real Estate Development (CIRA) signed a management consulting agreement with Saxony International (SIS) to establish the first applied technologies university in Egypt, according to CIRA’s statement filed to the Egyptian Exchange.

SIS is a global educational powerhouse in Germany and has previously signed a similar agreement to launch its first school in Egypt.

The agreement was signed in witness of the representatives of Deutsche-Arabische Industrie-Und Handelskamme (AHK), the German Chamber of Commerce and Al Ahly Capital Holdings (ACH), the investment arm of the National Bank of Egypt (NBE).

Earlier, The listed company partnered with Beltone Consumer Finance (Bel-cash), the consumer finance arm of Beltone Financial, to offer education funding, CEO of CIRA Mohamed Kalla said.

CIRA is engaged in investment in diversified sectors, including education, construction and real estate, health care, information technology, and support services.


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