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Infrastructure 
Your top infrastructure stories of the week
Your top infrastructure stories of the week: Modernizing irrigation systems: The Agriculture Ministry is planning to modernize the irrigation systems…
Egypt’s gov’t to be ready for a move into the new capital next summer
Government buildings will officially be ready for their move to the new administrative capital next summer, with work on the…
Marakez signs EGP 670 loan agreement with local banks for Mall of Katameya
Fawaz AlHokair Group’s mall development company Marakez has signed a EGP 670 mn syndicated loan agreement with local banks to…
Amer Group receives approval to decrease New Minya development area
Amer Group subsidiary Amer for Tourism Development has obtained approval from the New Minya City Authority to decrease the area…
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…
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…
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