Egypt and global economy brief
Sera’s annual profits jump 240% to more than EGP 1bn
An RE brief based on a story published by Al Borsa on 12 November 2026.
Read the full story at the sourceThe story in brief
Cairo for Investment and Real Estate Development, operating as Sera Education, reported that its profit rose by more than 240% in the last fiscal year to about EGP 1.06 billion, while revenue reached EGP 5.79 billion. The company is considering a school project on a 20,000-square-meter plot in New Rashid and plans, with the National Bank of Egypt, to establish 100 schools; the first is scheduled to begin operating in September 2027.
Key numbers
- more than 240%
- annual profit growth
- EGP 1.06 billion
- profit in the last fiscal year
- EGP 5.79 billion
- company revenue
- 20,000 square meters
- New Rashid school plot
- 100 schools
- planned under the National Bank of Egypt alliance
- September 2027
- scheduled opening of the first school
Why it matters for brokers
The announced alliance covers 100 new schools in Egypt, with the first scheduled to open in September 2027. The New Rashid school project depends on transferring ownership of the land and obtaining general-assembly approval; no final land value has been disclosed.
RE's reading of the story. It is not part of the original report and not investment advice.