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Earnings Watch: Palm Hills, Pioneers Holding, Sidpec, Suez Cement
EARNINGS WATCH- Palm Hills Developments (PHD) saw its net profits fall by 42% to EGP 81 mn in 1Q2020 from…
Real estate
Administrative Court hands down landmark ruling in real estate M&A case
REGULATION WATCH- Administrative Court hands down landmark ruling in real estate M&A case: The Administrative Court has issued a ruling…
Palm Hills, CI Capital’s Taaleem ink MoU to set up health sciences university in Badya compound
PHD, CI Capital’s Taaleem ink MoU to set up life sciences university in Badya compound: Palm Hills Development (PHD) has…
Sodic sells out Vye villas in two days
Sodic sells out of Vye villas in two days: Sodic sold all its first batch of detached, solar-powered villas in…
Palm Hills signs EGP 365 mn loan with BM, AAIB to finance Hacienda Bay
Real estate developer Palm Hills Developments has signed a EGP 365 mn loan agreement with Banque Misr and the Arab…
What we’re tracking on 28 June 2020
Maybe we’re getting old, but we’re not used to all the noise in the post 9pm hours after months of…
Samcrete looks to borrow EGP 1.7 bn from local banks to work on new cities
Conglomerate Samcrete is in talks with two local banks to arrange a EGP 1.7 bn loan to finance its work…
NUCA to ease payment terms, deadlines for new city investments
The New Urban Communities Authority will ease payment terms and deadlines for property developers and investors in new cities, Housing…
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