Real estate developer Arabia Holding is planning to invest EGP 1.5 bn in its flagship projects Galleria and Sun Capital during 2019, company Chairman Tarek Shoukry said. The company had recently broke ground on Sun Capital, in West Cairo, and is planning to invest EGP 500 mn in its Galleria project in East Cairo.
More from Enterprise
Israel’s Arkia Airlines moves flights to Egypt’s Taba to bypass wartime airspace restrictions
Israel’s Arkia shifts some flights to Egypt as airspace tightens…
Miga guarantee unlocks USD 313 mn for National Bank of Egypt trade finance
Plus: Incolease taps securitization market with debut EGP 2 bn…
Private capital hasn’t frozen in MENA — but the exit playbook could change if the war drags on
PE and VC-backed companies were already pivoting to local exchanges…
Telda moves into investing with zero-fee stock trading
Telda claims users can sell a position and immediately spend…