News

Law

Asset Management

Investment Banking

Wealth

Hedge Funds

People

Newsletters

Events

Lists

Private Equity

Abraaj inks $100m Egyptian education deal

The investment was made by the group’s second North African Fund which closed on $375 million in August

Abraaj inks $100m Egyptian education deal

Emerging market investor Abraaj Group has teamed up with Tiba Group, a large education services provider in Egypt, to form a new company called Education Management Company.

The company, which will provide management support services to education institutions in Egypt, will be looking to add other education businesses into the fold, Ahmed Badreldin, partner and regional head of Middle East and North Africa for the Abraaj Group, told Financial News.

WSJ Logo