EAEF Announces Investment in Advanced Education for the Establishment, Management, and Ownership of Education Facilities S.A.E
The Egyptian-American Enterprise Fund (“EAEF”) announced today that it has completed the acquisition of a significant minority stake in Advanced Education for the Establishment, Management, and Ownership of Educational Facilities S.A.E. (the “Company”). The Company exclusively manages and operates Dr. Nermien Ismail Language Schools (“NIS”), one of the largest blended learning and technology focused private school platforms in Egypt. The Company currently operates 9 schools with over 9,000 students, leveraging its proprietary online blended learning platform.