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Egyptian court overturns NUCA decision to fine Qatari Diar’s East Gate EGP 1.3 bn
DISPUTE WATCH- Court overturns NUCA decision to fine Qatari Diar’s East Gate EGP 1.3 bn: The Council of State’s (Maglis…
Local consumer spending initiative top topic on talks shows
A government program to kickstart consumer spending and the latest on the Grand Ethiopian Renaissance Dam caught the attention of…
NUCA closes EGP 10 bn securitized bond issuance
DEBT WATCH- NUCA closes EGP 10 bn securitized bond offering: The New Urban Communities Authority has closed its three-tranche, EGP…
SODIC awards EGP 1.2 bn in contracts at flagship SODIC East development
Upmarket real estate developer SODIC has awarded EGP 1.2 bn in contracts at its flagship SODIC East development to date…
NACCUD gives Sabbour-Alliance JV 6 months to make USD 100 mn down payment
The New Administrative Capital Company for Urban Development (NACCUD) has granted a consortium of UK-based Alliance Worldwide and Sabbour Consulting…
Suntech, Benha Electronics win bid to supply administrative capital with solar energy
The Administrative Capital for Urban Development Company has signed a EGP 140 mn agreement with the Military Production Ministry’s Benha…
EBRD to invest EGP 1.5 bn in NUCA bond issuance
DEBT WATCH- EBRD to back NUCA bond issuance with EGP 1.5 bn investment: The European Bank for Reconstruction and Development…
ODE, NIS to invest more than EGP 500 mn in two int’l schools in O West
INVESTMENT WATCH- ODE, NIS to invest over EGP 500 mn in two int’l schools in O West: A recent partnership…
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