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The coronavirus is fuelling a stock buyback boom in Egypt
The coronavirus is fuelling a stock buyback boom in Egypt: Since March, EGX-listed companies have been buying back their own…
Gov’t announces “seriousness” fees for settlement of building code violations
Gov’t announces “seriousness” fees for settlement of building code violations: Prime Minister Moustafa Madbouly announced the values of fees required…
IDG launches e2 Alamein, Egypt’s first eco-sustainable industrial park
Smart industrial park developer and operator Industrial Development Group (IDG) launched yesterday Egypt’s first eco-sustainable park, e2 Alamein, in New…
Egypt tops MENA FDI charts in 2019 with USD 13.7 bn
Egypt was the top destination in MENA for FDI last year: Egypt attracted USD 13.7 bn worth of foreign direct…
Madbouly says no new residential buildings in certain urban zones
The government will no longer permit residential construction in certain urban neighborhoods that have reached their maximum population density following…
Egypt’s Heliopolis Housing to finalize its new development plan this week
PRIVATIZATION WATCH- HHD’s new development plan will be finalized this week: State-owned Heliopolis for Housing and Development (HHD) expects to…
Covid-19, GERD still top stories on talk shows
The death of Military Production Minister Mohamed El Assar led the talk shows last night, with all of the talking…
Palm Hills seeks EGP 400 mn following debt restructuring to develop The Crown
Palm Hills Developments is reportedly in talks with seven banks to restructure its EGP 1.24 bn debt and borrow an…
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