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Legalize now, check later
Owners of rural properties that were found to be in violation of the building code will be able to legalize…
BalancED to set up EGP 500 mn int’l school in MNHD’s Taj City
BalancED is setting up a K-12 international school in Madinet Nasr Housing and Development’s (MNHD) Taj City in East Cairo…
The tobacco license tender may be back on again
Revised terms for the license to establish Egypt’s second major tobacco company have been handed to four local tobacco companies,…
Are we there yet?
Egypt is expected to (almost) match its pre-pandemic growth level in this final quarter of the state’s current fiscal year.…
Drop in 1Q income thanks to unfavorable base effect -MNHD
EARNINGS UPDATE- The sizable fall in Madinet Nasr Housing and Development’s (MNHD) net income in 1Q2021 was due to an…
MNHD’s consolidated net income falls 70% in 1Q2021
Madinet Nasr Housing and Development’s (MNHD) consolidated net income fell 70% to EGP 114.5 mn in 1Q2021, down from EGP…
New show at the Pyramids
Orascom Investment Holding (OIH) subsidiary Orascom Pyramids will invest EGP 200 mn in the early stage of the Giza sound…
Egypt is going to start manufacturing high-precision lathe machines
A couple of things we’re keeping an eye on this morning: The Arab Organization for Industrialization will work with the…
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