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Sira Education Sees 68% Sales Rise
Seara Education achieved remarkable profit growth over the three months ending in May 2026, with profits soaring by 290%. Net income doubled from 188 million to 550 million EGP due to an increase in student numbers and improved interest conditions. The company's investments include establishing new universities such as Badr University in Cairo and Assiut, as well as Saxony German University, which led to a student enrollment increase to 36,000—an annual growth rate of 40%. The company anticipates opening Siena University in East Cairo, along with plans to create a university city in Damietta. With improved interest conditions and increased operational efficiency, profits in the third quarter rose to 28% compared to 17% in the previous year. The company projects its annual profits to reach between 1.4 and 1.6 billion EGP, with a potential market valuation between 28 and 32 billion EGP. Its investment in Saudi Arabia increased from 188 million to 380 million SAR, in collaboration with the Saudi Public Investment Fund, which owns 37% of the company.
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