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THIS MORNING: Final IMF tranche coming this month? Also: Palestine leaders in town for talks + another export subsidies rethink is in the works
Good morning, friends. There’s not a gram of fat in this morning’s issue — it’s a heavy news day with…
TMG does another JV with state-owned banks
The National Bank of Egypt (NBE), Banque Misr and Talaat Moustafa Group (TMG) have established a new real estate joint…
Construction of TMG’s EGP 500 bn Nour City has begun
Construction of Talaat Moustafa Group’s EGP 500 bn Nour City development has begun, after Housing Minister Assem El Gazzar and…
New capital in focus in the FT
The new administrative capital is in the press this morning, with the Financial Times’ Andrew England using the capital as…
Operation Gaza Rebuild begins
Egypt has dispatched a convoy of engineers and building equipment to Gaza to start the rebuilding process after the recent…
Building violations, the Russian flight ban + GERD all get attention on the talk shows on 3 June 2021
Last night got us all nostalgic for September 2020 when building code violations were all anybody wanted to talk about…
Legalize now, check later
Owners of rural properties that were found to be in violation of the building code will be able to legalize…
Wadi Degla’s real estate arm plans to tap sukuk market next month
Wadi Degla Developments is planning a sukuk issuance worth nearly EGP 2 bn that will be managed by Contact Financial…
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