Pyramisa is planning to resurrect a EGP 500 mn touristic resort by Egypt’s new Grand Egyptian Museum in Giza, which authorities had refused to license last year claiming the company was looking to build on agricultural land, Chairman Magdy Azab tells Al Mal. The company plans to self-finance the project and is currently studying partnership opportunities with an unnamed real estate developer.
More from Enterprise
Inflation unexpectedly cools, putting rate-cut cycle back in play
The first fall in the headline rate in three months…
Qatar’s Green Sky Capital secures financing for USD 200 mn SAF plant
The facility could add more than 10% to global SAF…
New tax bill heads to House ahead of July rollout
The new package scraps the contentious capital gains tax, overhauls…
Apis Partners has continued appetite for Egypt after closing its third fund at more than double its predecessor
Apis partner Hossam Abou Moussa singles out MNT-Halan as a…