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Tons and tons of M&A news
Greek energy company Energean has completed the acquisition of Edison’s energy portfolio, which includes substantial oil and gas assets in…
Partnering with the state on affordable housing?
Private-sector real estate developers can work on government-sanctioned social housing projects under a cabinet decision. Homes developed by the private…
Sodic’s Karmell first phase sells out on launch day
Sodic sold all of the units in the first phase of its new residential project Karmell on launch day, according…
ODH sells affordable housing arm
An unnamed UK-based fund has acquired 100% of New City Housing and Development for EGP 365 mn, Al Mal reports…
ODH offloading affordable housing arm
Orascom Development Egypt’s (ODH) board has approved plans to sell the company’s 35% stake in affordable homes builder New City…
Bishoy Azmy becomes youngest member of AUC’s board of trustees
CEO of Dubai-based ASGC construction group and AUC alumnus Bishoy Azmy (LinkedIn) has joined the American University in Cairo’s Board…
Sodic, Mobica are giving SMEs fully-furnished office spaces to lease
Sodic will begin offering SMEs plug-and-play tailored offices on a lease basis in partnership with Mobica under a new service…
Also on our radar on 9 December 2020
Financial inclusion must be supported by expanding access to digital communication technologies across Africa, CIB Non-Executive Chairman Sherif Samy said…
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