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Infrastructure 
Hassan Ghanem reappointed as chairman, managing director of Housing and Development Bank
MOVES- Hassan Ghanem (Linkedin) has been reappointed as chairman and managing director of the Housing and Development Bank for three…
Egypt’s gov’t won’t be moving to new capital this year, museum opening postponed
El Sisi postpones government’s move to new capital, GEM opening to 2021: President Abdel Fattah El Sisi has postponed to…
Your top 5 infrastructure news of the week:
Your top 5 infrastructure stories of the week: Gas prices: The government lowered the price of natural gas for industry…
New Smart purchases 18% stake in Egyptians for Housing and Development
M&A WATCH- New Smart purchases 18% stake in Egyptians for Housing and Development: New Smart for Industrial and Commercial Investments…
World Bank gives social housing funding program a USD 500 mn boost
World Bank gives social housing funding program a USD 500 mn boost: The World Bank is increasing by USD 500…
CBE cuts interest for three of its financing initiatives, raises ATM withdrawal cap
REGULATION WATCH- CBE cuts interest for three of its financing initiatives: The Central Bank of Egypt (CBE) has reduced the…
Al Ahly Sabbour signs EGP 5 bn agreement with the Urban Communities Authority to develop 6th of October’s Keeva
Real estate developer Al Ahly Sabbour has signed an agreement with the New Urban Communities Authority worth an estimated EGP…
MNHD looks to offload its utilities arm
M&A WATCH- MNHD looks to offload its utilities arm: Madinet Nasr Housing and Development (MNHD) appears to be exploring the…
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