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Marakez gets EGP 1.5 bn loan from 5 banks to build Katameya mall
Real estate developer Marakez has agreed a EGP 1.5 bn syndicated loan with five banks to build a mall in…
Export Development Authority to get new boss
MOVES- Abdel Aziz Sherif met with Trade Minister Amr Nassar to discuss becoming the new head of the Export Development…
Earnings watch: Orascom Development Egypt, Arabian cement
EARNINGS WATCH- ODE doubles y-o-y profit to EGP 205 mn in 2Q2019: Orascom Development Egypt (ODE) doubled its net profits…
Cira says government approved adding 7 new schools to its Badr University
The government has granted permission to leading private sector education provider Cairo for Investment & Real Estate Development (CIRA) to…
Egypt’s economy expected to grow 6.8% annually until 2027, says Harvard Center for International Development
Egypt’s economy is forecast to grow at a 6.8% clip per year over the next 10 years, placing it among…
NI Capital to launch bookrunner tender for HHD secondary offering in September
IPO WATCH- NI Capital to launch bookrunner tender for HHD secondary offering next month: State-owned investment bank NI Capital is…
Egypt’s ITDA to start building EGP 2 bn logistics zone in Qena next week
The Supply Ministry’s Internal Trade Development Authority (ITDA) is expected to break ground next week on a EGP 2 bn…
Orascom Development Egypt plans hotel expansions in El Gouna
Real estate developer Orascom Development Egypt is planning to add 200-250 hotel rooms in the Red Sea resort of El…
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