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Infrastructure 
Private sector could bid for some of Egyptian Iron and Steel’s land bank
Private sector companies will have the chance to bid for some of Egyptian Iron and Steel’s land bank as the…
Real estate
EFG, TMG, GB Capital mortgage arm Bedaya plans securitization before 2021 is out
Mortgage provider Bedaya is planning to sell securitized bonds backed by its receivables before the end of the year, EFG…
Orange Egypt to provide smart tech for SODIC developments
Orange Egypt will provide smart technology for SODIC’s real estate projects under the terms of a recently signed agreement, the…
Palm Hills Development scores an impressive 1Q2021
Palm Hills Development’s bottomline soared 152% y-o-y to EGP 205 mn during 1Q2021, up from EGP 81 mn in 1Q2020,…
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…
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