Laureate Education Takes First Step Into Middle East

Laureate Education Inc. has made its first foray into Turkey, in a partnership with Istanbul Bilgi University, one of the country's leading private institutions.

The deal, announced in November, involves the creation of a company to be jointly owned by Laureate and a local partner, which was not identified.

The Baltimore-based company will provide management, marketing, technology, and student services to the 9,000-student university, which will pay Laureate in

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