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Egyptian Steel, Edita, Beltone now listed on rebalanced EGX30
The EGX30 swapped five companies in its regular rebalancing last week. The full rundown of the rebalancing is here (pdf).…
Sodic boss expects Egypt’s real estate sector to recover starting 2H2020
Sodic boss expects real estate to stage recovery starting 2H2020: Property sales could start bouncing back throughout the second half…
CPC invests EGP 300 mn into Sadat City industrial zone infrastructure
Saudi Arabia’s Construction Products Holding Company (CPC) has invested EGP 300 mn into its infrastructure development project for the Sadat…
Property value will likely hold ground as the economy slows -Samih Sawiris
Samih Sawiris sees property values holding their ground despite covid-19 market slowdown: Orascom Development Holding Chairman Samih Sawiris expects real…
NACCUD eases payment requirements for new capital developers
The New Administrative Capital Company for Urban Development (NACCUD) has cut the required downpayment for real estate developers on land…
NACCUD signs land sale agreements in new capital with 12 companies
The New Administrative Capital Company for Urban Development (NACCUD) has signed land sale agreements with 12 local companies in the…
Palm Hills signs EGP 365 mn loan with BM, AAIB to finance Hacienda Bay
Real estate developer Palm Hills Developments has signed a EGP 365 mn loan agreement with Banque Misr and the Arab…
Hassan Allam lands Egyptian Black Sand Co. contract
Hassan Allam Construction has landed a contract from the Egyptian Black Sand Company (EBSC) to construct concentration and separation plants…
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