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Talaat Moustafa Group and Egypt Education Platform Partner to develop New University in Noor City
Published: 2026/02/08 16:55:51
Cairo, Egypt - Talaat Moustafa Group (TMG) has announced a strategic partnership with the Egypt Education Platform (EEP) to establish a new private university within the Noor City advancement in East Cairo. The project represents a significant investment of EGP 8 billion (approximately $258 million USD as of February 8, 2026) and underscores a growing trend of public-private partnerships in Egypt’s education sector.
Project Details and Investment Breakdown
Under the terms of the agreement, TMG will contribute approximately 216,000 square meters of land within Noor City for the construction of the university. In return, TMG will secure a stake in the university’s owning company and recieve a share of the revenues generated throughout the institution’s operational lifespan. Construction of the first phase of the university is slated to begin in 2029, following the completion of executive plans [Talaat Moustafa Group Official Website].
Beyond the university, the partnership extends to the educational sector at the K-12 level. EEP will manage and operate two schools also located within Noor City, with TMG providing the land and funding for construction. EEP will be responsible for the day-to-day management and educational programming of these schools.
Strategic Alignment and Long-term Vision
This collaboration aligns with TMG’s broader strategy to diversify its investment portfolio and maximize returns from its large-scale,integrated urban projects. According to TMG officials,integrating educational facilities into its developments is intended to enhance the long-term economic value and investment attractiveness of its cities. The move reflects a commitment to creating sustainable, self-contained communities that offer residents access to high-quality education and services.
Noor City: A Smart and Sustainable Urban Development
Noor City, situated in the Capital Gardens area of East Cairo, spans a vast 21 million square meters. The development is being designed and constructed according to sustainability standards and incorporates smart city technologies to support a diverse range of economic and service activities. TMG anticipates beginning unit deliveries within Noor City in 2026, as per the approved project schedule [Noor city Official Website].
Egypt Education Platform (EEP) and EFG Hermes
the Egypt Education Platform (EEP) is owned by the Egypt Education Fund, which is managed and supported by EFG Hermes, a leading financial services corporation in Egypt and the wider Middle East and North Africa (MENA) region. This backing provides EEP with the financial stability and expertise necessary to successfully manage and operate the new educational facilities