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The reckoning is near
All 3.16 mn building code violations across the country are on track to be settled with the government by the…
Are we getting 30-year, 3% mortgages?
Low- and middle-income earners will have access to EGP 100 bn-worth of subsidized mortgages, courtesy of the Central Bank of…
UAE’s Aldar makes offer for majority stake in Sodic
The UAE’s Aldar wants a controlling stake in Sodic: Emirati real estate firm Aldar Properties has submitted a non-binding offer…
Test, test …
It’s time for trial operations to begin at the new administrative capital ahead of its inauguration before 2022. Up first:…
Last Night’s Talk Shows on 8 March 2021
The talking heads had real estate taxes at the top of their agendas last night, after the Egyptian Tax Authority…
Earnings Watch- Alex Medical, Emaar Misr see net profit declines in 2020
The EGX30 rose 2.0% at today’s close on turnover of EGP 954 mn (35.3% below the 90-day average). Foreign investors…
Of tax breaks and loopholes
The loophole that gave tax breaks to state institutions investing in government debt is now officially closed after President Abdel…
TMG Holding income falls 11% in 2020
Talaat Moustafa Group’s (TMG) net income declined 11% in 2020 to EGP 1.7 bn, compared to EGP 1.9 bn a…
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