Nahdet Misr Publishing Group stated that the company operates around 13 companies, with nine of them specializing in education, according to Dalia Ibrahim, its Chairperson.
One of these companies is based in Saudi Arabia, while the other eight are in Egypt.
During her participation at GITEX Global Dubai 2023, Ibrahim revealed that her company is expanding its investments in technical education by establishing a school for applied technology. She also mentioned that Nahdet Misr Publishing Group has started investing in nurseries in partnership with one of its affiliates. The first phase of investment will include ten nurseries in Greater Cairo, with a target of 25 within two years. The company is also working on investing in schools in collaboration with the Sovereign Fund of Egypt.
Furthermore, Nahdet Misr Entrepreneurship, a venture capital company, is participating in GITEX this year and has invested in over 14 startups. Ibrahim shared that the company is about to make a new investment in a startup in the African market, in line with its vision of expanding its assets in the Middle East and Africa region.
Despite the challenges that entrepreneurs and startups face, and the global education investment market decline by approximately 70% this year, five companies within the investment portfolio of Nahdet Misr Entrepreneurship have closed new investment rounds from foreign investors.
Lastly, Ibrahim mentioned that Nahdet Misr Entrepreneurship has invested $400,000 in the startup “Crafty,” which provides training and marketing services to owners of crafts and professions. Additionally, the company currently employs artificial intelligence in its work cycle, which helps save about 60% of the required effort.
