Cairo – Mubasher: Palm Hills Developments (PHD) announced the launch of the first King’s School in the The Crown project in West Cairo in partnership with Inspired Education Group (Inspired), according to a bourse disclosure on Monday. 

The school will be part of Inspired, a group of premium schools educating over 50,000 students on five continents.

Inspired plans to inaugurate four King’s Schools in Egypt with the first one in The Crown, which will open in September 2022, the second one in Palm Hills Alexandria, the third school in Palm Hills New Cairo, and the fourth in Badya.

Scheduled for completion before September 2020, The King’s School in The Crown will extend over an area of 40,000 square metres.

Over the course of 2020, PHD reported consolidated net profits of EGP 717.76 million, down from EGP 846.78 million a year earlier, including minority shareholders’ rights