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Infrastructure 
O West locks in financing worth EGP 1.5 bn to fast-track construction
O West lands EGP 1.5 bn in funding from CIB: Orascom Development Egypt (ODE) subsidiary Orascom for Real Estate (ORE)…
Last Night’s Talk Shows on diplomacy, diplomacy, diplomacy
It was a diplomacy-heavy night on the airwaves last night, as the nation’s talking heads discussed the Russian foreign minister’s…
SODIC will not revise its MNHD offer upwards without DD
SODIC won’t revise its MNHD offer upwards without DD or more information: Upmarket real estate developer SODIC has said it…
THIS EVENING: SODIC facing a dead end in MNHD acquisition bid? Plus: Chimera closes in on Beltone
Happy hump day, friends. It’s a relatively busy news day here on the home front, with that M&A boomlet we…
MNHD wants SODIC to cough up a lot more
SODIC might have to up its offer 4x if it wants MNHD: Madinet Nasr for Housing and Development’s (MNHD) portfolio…
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…
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