Cairo - Mubasher: The Egyptian Modern Education Systems said it is currently preparing an economic feasibility study (EFS) to establish a private university in Egypt’s New Administrative Capital.
The statement was made in line with the recent news reporting that the company will be setting up a private university in one of Egypt’s new cities, according to a stock exchange statement on Sunday.
Following completion of the EFS study, the company will present it to its board of directors as a prelude to making a decision to increase the company’s capital to finance its expansion. The final cost of the university establishment will be announced meanwhile.
