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Author Archives: enterpriseam admin
Midar in takeover talks with Saudi investor Sumou
Sumou announced in September it plans to invest SAR 2 bn in Egypt in the next five years
Midar and Sodic to develop EGP 110 bn wellness-focused project in New Cairo
Sodic will develop a 500-feddan plot under a revenue-sharing model
Gov’t mulls low-interest financing for home buyers
The Real Estate Developers Chamber proposed rates between 8-12% depending on property size
Hyde Park plans to add 710 hotel rooms to its local portfolio over the coming years
PLUS- Abu Dhabi sovereign wealth fund ADQ’s Alpha Oryx trimmed its stake in CIB to 15.7%
US banks to unlock USD 2.6 tn in lending capacity from deregulation push
Alvarez & Marsal estimates USD 140 bn in freed-up capital and a 35% boost to bank earnings
OCTOBER 12-16 October (Sunday-Thursday): Cairo Water Week, Cairo. 19-20 October (Sunday-Monday): Egypt to host the fifth edition of the Aswan Forum. 19-22 October (Sunday-Wednesday): Arab African Investment and International Cooperation Summit. 22 October (Wednesday): Egypt-EU Summit, Brussels, Belgium. 23-25 October (Thursday-Saturday): Stone Africa Expo, Cairo International Conference Center. 28 October (Tuesday): BEBA’s working dinner with […]
Chinese automaker Jinbei signs local assembly agreement with Egyptian agent
Good afternoon, folks. It’s a busy day in the region, and the news cycle is doing its best to catch up. THE BIG STORY TODAY- Chinese automaker maker Jinbei has signed a local assembly agreement with its sole agent in Egypt, Jinbei Royal Egypt, Jinbei Royal Egypt Chairman Khaled Saad said at a press conference […]