Taaleem’s Memphis University Successfully Completes the Licensing Process with the Issuance of its Presidential Decree
03-07-2024
Investor Relations
03-07-2024
Cairo, July 03, 2024: Taaleem Management Services (“Taaleem”), Egypt’s leading higher education provider, is pleased to announce the completion of the licensing process for Memphis University, its third institution located in East Cairo. This milestone follows the issuance of the private university’s presidential decree, marking the end of a rigorous regulatory approval process. Meanwhile, the construction of the first phase of Memphis University, which includes the faculties of Medicine, Engineering, and Business & Economics, is steadily advancing towards the University’s planned opening in September 2025. Taaleem holds a 32% stake in Memphis University with full management control and has a call option to increase its stake to 51% one year after operations commence. Strategically situated on an 80,000-square-meter site on Road 90 in the Fifth Settlement of East Cairo, the University will be developed in two phases and is projected to accommodate a total of 7,800 students. Under Taaleem’s management, Memphis University aims to offer a unique value proposition, balancing high-quality education, exceptional student experience, and competitive pricing to improve access to quality education.
Mohamed El Rashidi, Taaleem Management Services’ Managing Director and Chief Executive Officer, commented:
“I am delighted to announce that we have received the presidential decree for Memphis University, marking a significant milestone in Taaleem’s ongoing growth. The construction of the university’s first phase is progressing as planned, and it is on track to welcome its inaugural cohort of students in September 2025. The Taaleem group now proudly encompasses three fully licensed universities: Nahda University in Beni Suef, a leading private university in Upper Egypt; Badya University in Badya City in West Cairo, set to launch in September 2024; and Memphis University in the Fifth Settlement of East Cairo, set to launch in September 2025.
We take immense pride in consistently executing our growth plans and eagerly anticipate our institutions' profound impact on Egypt’s educational landscape. This is an exciting time for Taaleem as we continue to drive progress and contribute to shaping the future of higher education.”
12-09-2022
Cairo, September 12, 2022: Taaleem is pleased to announce that the ongoing enrollment process for the Academic Year (AY) of 2022/23 at Nahda University in Beni Suef (NUB) is progressing strongly and is expected to reach nearly double the new intake numbers recorded in the AY of 2021/22 based on the number of students who have registered and paid for the coming year. NUB’s enrollment window for the AY of 2022/23 will remain open until mid-October, with 9 operating faculties including the...
More
09-06-2022
Cairo, June 9, 2022: In its meeting held on Wednesday, June 8 headed by the Minister of Higher Education and Scientific Research, the Supreme Council of Private Universities has decided to terminate the centralized enrollment system that students were required to use to apply to private universities during the academic year 2020/2021 and revert to the pre-2020/2021 direct enrollment system, which allowed students to directly apply to universities through their respective websites. Private...
More
13-02-2022
Cairo, February 13, 2022: Nahda University in Beni Suef (NUB), the first and largest private university in Upper Egypt, received yesterday the presidential approval to launch the two new faculties of Arts and Architecture in the new extension of NUB. The two faculties are part of the planned expansion over the new land area of around 110,000 sqm acquired by Taaleem in 2020 to host the University Hospital and 5 new faculties. The first phase of the expansion, which will include the...
More
Subscribe to Our Mailing List