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Hussein Shoukry resigns from SODIC board
MOVES- Hussein Shoukry resigns from SODIC board: HC Securities Chairman Hussein Shoukry has submitted his resignation from the SODIC board…
Banque du Caire acquires 20% stake in Egy Serv
M&A WATCH- Banque du Caire acquires 20% of Egy Serv: Banque du Caire (BdC) has acquired a 20% stake in…
SODIC, NUCA sign escrow with Banque Misr for 500 acre Zayed development
SODIC and the New Urban Communities Authority (NUCA) signed on Tuesday the escrow contract for SODIC’s 500 acre development in…
HHD secondary offering to be completed before May 2020
PRIVATIZATION WATCH- HHD secondary offering to be completed before May 2020: Heliopolis Housing & Development (HHD) will take its secondary…
Orascom Development Egypt to launch three projects in El Gouna in 2020
Orascom Development Egypt (ODE) is planning to launch three projects in El Gouna in 2020, including a hotel and two…
AAIB looks for partners in EGP 2.1 bn syndicated loan for MNHD
The Arab African International Bank (AAIB) has approached several local banks to contribute to a EGP 2.1 bn loan it…
Arkan Developers joins HHD stake sale race
Arkan Developers joins HHD stake sale race: Arkan Developers has joined the list of companies competing to acquire management rights…
Air France begins using its new Airbus A350 for Cairo-Paris route
Air France has begun operating a Cairo-Paris air route six times per week using its new Airbus A350 airliner, according…
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