Arab Finance: NextEra Education is ready to invest over EGP 2 billion in Egypt over the next five years, CEO and co-founder Mustafa Abd Ellatif told Al Arabiya Business.

This initiative will involve collaboration with the Ministry of Higher Education to facilitate the establishment of foreign universities in the country.

Abdel Latif also announced that the company's capital has reached EGP 200 million.

He added that NextEra aims to attract universities from the US and France.

He also revealed the launch of an artificial intelligence (AI)-powered application designed to assist students by analyzing educational curricula, enabling them to answer questions more effectively.

NextEra was launched recently by a coalition of EYouth and prominent Egyptian businessmen, including Abd Ellatif, Mohamed Farouk, Ahmed Tarek, and Mokhtar Ahmed.

NextEra Education offers specialized programs in collaboration with leading international universities and educational institutions, focusing on fields such as programming systems, cybersecurity, AI, business administration, data science, and analytics.

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