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China’s CSCEC to build mixed-use complex in south side of Egypt’s New Alamein
China State Construction Engineering Corporation (CSCEC) will build a mixed-use complex in the southern region of New Alamein planned to…
Real estate
Act Financial group doubles stake in Sodic to 11.4%
M&A WATCH- Act Financial-led group adds to minority stake in Sodic: A group led by ActFinancial that includes Hassan Allam…
Your top education stories of the week
Your top five education stories of the week: Egypt received a USD 15 mn grant from the United States Agency…
Earnings watch: Emaar Misr turns a profit in 2Q2020
EARNINGS WATCH- Emaar Misr recorded a net profit of EGP 366 mn 2Q2020, up from a net loss of EGP…
Orascom Development Egypt sells EGP 104.8 mn land plot to Mangroovy Hotels
Orascom Development Egypt has sold a 40k sqm plot of land in El Gouna to MangroovyHotels for EGP 104.8 mn,…
Real estate developer HHD to announce new strategy in the coming two weeks
The board of EGX-listed HHD will announce a new corporate strategy in the coming two weeks, Public Enterprise Minister Hisham…
What we’re tracking on 9 August 2020
Good morning, friends, and welcome to another late-summer workweek. It’s the last full week before some of our readers send…
NUCA reassesses tenders for third phase of PPP program
The New Urban Communities Authority (NUCA) is reassessing issuing land tenders for the third phase of its public-private partnership program,…
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