CIRA is the largest private sector integrated educational group in Egypt targeting both higher education and k-12 segments. : CIRA is the largest private sector integrated educational group in Egypt targeting both higher education and k-12 segments. EFG Hermes, a leading financial services corporation in frontier emerging markets (FEM), has concluded its advisory to Cairo for Investment & Real Estate Development (CIRA or “the Company”) on its EGP 1.244 billion initial public offering (IPO) on the Egyptian Exchange.