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Logistics (MENA) 
Earnings Watch: SODIC, IDH, Fawry, Obour Land
Real estate giant SODIC’s bottom line more than doubled y-o-y in 1Q 2022 to reach EGP 226 mn, according to…
Honeywell eyes USD 200 mn worth of investments in Egypt
US conglomerate Honeywell is looking to invest around USD 200 mn in petrochemicals and the production of green fuels for…
Has Netflix subscriber growth peaked?
Netflix saw nearly a quarter of its value wiped out after losing subscribers for the first time in a decade:…
Real estate brokers, prepare for regulatory scrutiny
Real estate brokers are now set to face more regulatory scrutiny after President Abdel Fattah El Sisi ratified amendments to…
Gov’t to offer 19 desalination projects to private-sector partners
Nineteen water desalination projects will soon be up for grabs: The government will offer nineteen water desalination projects with a…
GAFI could ban forex payments between shipping + cargo handling firms
No more USD payments on cargo handling? The Finance Ministry has directed the General Authority for Investments and Freezones to…
Gov’t eyes more support for contractors
The government could look into rescheduling debt payments for developers, Housing Minister Assem El Gazzar said after a sit-down with…
Hassan Allam Properties takes out EGP 1.8 bn loan for West Cairo development
A Hassan Allam Properties subsidiary has secured EGP 1.8 bn in financing from the National Bank of Egypt (NBE) and…
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