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MNHD wants SODIC to bump up its offer price
MNHD says the price isn’t right on SODIC’s acquisition bid: Madinet Nasr for Housing and Development (MNHD) has rejected a…
THIS EVENING: MNHD says the price isn’t right on SODIC’s acquisition bid + Swvl buys another competitor despite cutbacks. Plus: El Sisi is in Berlin.
Good afternoon, friends. We’re still shaking off the cobwebs from a well-earned long Eid break, but the news waits for…
Cabinet approves three-year real estate tax holiday for some industries
No real estate tax for SMEs + strategic industries: The state will waive real estate tax for three years for…
Last Night’s Talk Shows on the new capital’s high rent
The nation’s talking heads focused mainly on the new administrative capital last night following a speech from President Abdel Fattah…
SODIC makes a play for MNHD
SODIC is bidding to acquire Madinet Nasr Housing and Development (MNHD) as the real estate developer’s new owners look to…
Expedition Investments submits bid for 34% stake in Domty
Expedition Investments has submitted an official bid to acquire a 34% stake in cheesemaker Domty, the Financial Regulatory Authority (FRA)…
Al Ahly Pharos closes EGP 1.2 bn securitization for Talaat Moustafa Group
Talaat Moustafa Group (TMG) has sold EGP 1.17 bn worth of securitized bonds in an issuance managed by Al Ahly…
Penalties on farmers meant to boost the local harvest might get tweaked
The government has formed a committee to reconsider some of the penalties it imposed this harvest season on wheat farmers…
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