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Infrastructure 
AOI, Greater Cairo Water Company ink agreement to manufacture water pumps
The Arab Organization for Industrialization (AOI) and the Greater Cairo Water Company have signed an agreement to manufacture water pumps…
Earnings watch: Edita, MNHD report 1Q2019 results
EARNINGS WATCH- Edita net profit increases 87.8% y-o-y in 1Q2019: High-profile snack food maker Edita recorded an 87.8% y-o-y increase…
Mariout Hills announces EGP 2.4 bn “eco-city” on Egypt’s north coast
Mariout Hills Development is launching their first “eco-city” on Egypt’s north coast, with estimated investments of EGP 2.4 bn during…
NACCUD prepares to tender land for hotel development
The New Administrative Capital Company for Urban Development (NACCUD) is set to launch the first land tender for hotels in…
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…
Gov’t looks to private sector to save 150 of Egypt’s 20th century buildings
The government is working on a plan to enlist the private sector to renovate and lease out some 150 ailing…
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…
Marakez signs contracts with Hassan Allam Construction for AEON
Real estate developer Marakez has signed a contract with Hassan Allam Construction for its AEON residential compound, according to a…
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