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Coverage of national projects wrests control over Egypt’s airwaves
National projects were the topic du jour on the airwaves last night, starring Aswan’s Benban solar complex and new Suez…
Egypt seeks USD 2.35 bn facility from Kuwait-based fund for 17 new projects
Egypt seeks additional USD 2.35 bn facility from Kuwait-based fund for 17 new projects: Egypt is holding talks with the…
EBRD appoints Khalid Hamza as deputy director of its Egypt office
MOVES- The European Bank for Reconstruction and Development (EBRD) has appointed veteran banker Khalid Hamza (LinkedIn) as deputy director of…
Tawfik: HHD to IPO in 4Q2019 or seek help from strategic investors
IPO WATCH- Stake in Heliopolis Housing could be sold to a strategic investor: The Public Enterprises Ministry is working with…
No more new capital land for Egypt’s investors, developers this year
The New Administrative Capital Company (NACCUD) will not be offering any more land to investors and developers this year, and…
Heliopolis Housing aims to reduce debt by 50% in coming fiscal year
Real estate developer Heliopolis Housing is looking to reduce its debt by 50%, grow revenues to more than EGP 3.1…
Heliopolis Housing says presidential decree ends dispute on Shorouk plot
Real estate developer Heliopolis Housing said that a dispute over the payment it owes for its 22.71 sq-km plot in…
IDA places moratorium on land tenders for coming months, competition authority is going monopoly hunting aming importers
Industry wants to watch out for the next few months: The Industrial Development Authority (IDA) will not issue further land…
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