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US corporate debt now equals half of US GDP
Don’t look at the mountain of US corporate debt: Total corporate debt in the US has risen to USD 11.2…
Court upholds death sentence for Ikhwan members
The Court of Cassation (Egypt’s highest appeals court) has upheld death penalties handed to 12 Ikhwan members including Mohamed Beltagy…
Juhayna's former chairman sees detention extended + Contact Financial wants in on the central bank’s mortgage program
Juhayna's ex-chairman’s detention extended: The State Security Criminal Court has ordered that Juhayna's former Chairman Safwan Thabet’s detention be extended…
Earnings: Emaar Misr, Alex Medical more than double net income in 1Q2021
EARNINGS WATCH- Emaar Misr’s consolidated net income more than doubled in 1Q2021 to EGP 529.1 mn, up from EGP 247.6…
Of Poles, Elaraby and property taxes…
Ain Sokhna could be home to a new Polish industrial zone spanning up to 1 mn sqm in the Suez…
CIRA to set up new language school in New Rashid
Private education outfit CIRA is planning to set up a language school in New Rashid, and is close to wrapping…
Palm Hills closes EGP 1.2 bn securitized bond sale
Palm Hills Development closed a fresh securitized bond issuance backed by a receivables portfolio of nearly EGP 1.2 bn, according…
Aldar has more time to bid for SODIC
Aldar Properties has until 14 July to submit a mandatory tender offer for at least 51% of upmarket real estate…
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