Cairo – Mubasher: Cairo for Investment and Real Estate Development, the owner of Badr University in Cairo (BUC) and 21 schools, is considering to re-list its shares on the Egyptian Exchange (EGX) in the fourth quarter of 2018.
The Egypt-based company mulls over floating a 30% stake on the Egyptian bourse, sources told Alborsa News.
The general meeting has recently divided the company’s business into real estate development and education.
The Abraaj Group had sold its 35% stake in Cairo for Investment last week for Social Impact Company owned by businessman Hassan El-Qula's family.
