Arab Finance: The Egyptian Cabinet has endorsed the presidential draft resolution on licensing Badya University, being developed by Taaleem Management Services and Palm Hills Development Company (PHDC), according to a press release on March 30th.
Accordingly, Taaleem and Palm Hills will complete the final stage of the university’s licensing process, which is the issuance of a residential decree approving its establishment.
Taaleem owns 60% of Badya University, with Palm Hills holding the remaining 40% stake.
Situated on 160,000 square meters (sqm) in Palm Hills Badya City, the university campus is set to include eight faculties that accommodate up to 12,500 students.