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Egypt’s road quality up 90 spots to 28th globally
Egypt’s road quality ranking has jumped 90 spots over the past five years, putting us at 28th worldwide, a cabinet…
MNHD to rent Sarai land plot to Total Egypt for 25 years
Madinet Nasr for Housing and Development’s board has agreed to rent a 3k sqm plot in its Sarai development to…
SolarizEgypt to build solar power plants for Port Said industrial complex
SolarizEgyptis set to equip an industrial complex in Port Said with solar power plants to generate energy for 22 of…
Earnings watch: HHD profits rise 42% in FY2018-2019, Obour land reports 3Q profits
EARNINGS WATCH- Real estate company Heliopolis Housing’s net profit was up 42% in FY2018-2019 to EGP 376.4 mn from EGP…
Sovereign wealth fund capital to quintuple to EGP 1 tn
Speaking of the sovereign wealth fund: Egypt’s SWF will see its initial capital rise fivefold to EGP 1 tn from…
Aramco’s IPO is moving forward, as MbS gives it the green light
IPO WATCH- Aramco’s IPO is moving forward as MbS appears to accept valuation of less than USD 2 tn: Saudi…
Could military-owned companies be set to list on the EGX?
PRIVATIZATION WATCH- Could military-owned companies be set to list on the EGX or sell stakes to the private sector? President…
Egypt ranked near bottom of ‘Economy Drivers and Disrupters’ report
Egypt has work to do to better capitalize on its growth drivers: Egypt is not positioning itself to capitalize on…
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