Orascom Development Egypt (ODE) and Dr. Nermien Ismail Schools (NIS) have joined forces to implement two new international schools in the former Egyptian developer’s O West project, at costs exceeding EGP 500 mn, Invest-Gate reports.
One school will apply the American education system, while the other will apply the British IB\IGCSE system. “The inauguration of the two schools is scheduled for September 2022 – a year before the delivery of the first unit in O West,” read the company’s press release on July 19.
According to the statement, NIS schools in ODE’s first home project, located in west Cairo, will accommodate about 2,400 students, with each of which comprise several classrooms, paired with a number of labs, libraries, performing arts rooms, pools, sports facilities, and other mixed-use spaces “to ensure the well-rounded quality of the provided education.”
Moreover, Advanced Education will exclusively manage and operate the above establishments, which is already providing administrative services to nine NIS schools, consisting of almost 9,000 students, and serving all different educational levels.
Commenting on the move, Abdelhamid AbouYoussef, the company’s CEO, indicated, “Our cooperation agreement with NIS is a solid addition to the educational hub of O West, and a complement to our vision of providing Egyptian students with unparalleled educational services.”
On his part, Founder and CEO of Advanced Education Mohamed Latif, highlighted, “The NIS community has continually been lauded for placing students at the center of decision-making.”
This deal comes as part of O West’s educational hub, which is already planned to bring a K-12 international school, to be managed and operated by UK-based Kent College. This is besides two others, in collaboration with the Cairo for Investment and Real Estate Development (CIRA), namely Saxony International School and British Columbia Canadian International School, scheduled for official inauguration in the 2021/22 academic year.