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Emerald shares to begin trading on Egypt’s bourse on Wednesday
IPO WATCH- Real estate player Emerald’s shares will officially begin trading on the EGX tomorrow, according to a regulatory filing.…
HHD pauses 10% stake + management contract amid conflicting reports of offers
PRIVATIZATION WATCH- HHD to pause share sale plans after finding no bidders for 10% stake + management rights: State-owned Heliopolis…
Real Estate Registry Act receives committee-level nod from Egypt’s House
LEGISLATION WATCH- Real Estate Registry Act receives nod from House committee: The House Legislative Committee has greenlit amendments to the…
Retail component of Emerald Real Estate Investment IPO 17.7x oversubscribed
IPO WATCH- Emerald’s IPO retail component 17.7x oversubscribed: Retail investors have put in orders for 61.9 mn shares for Emerald…
Beltone, Emirates NBD tapped to manage HHD secondary offering
Beltone, Emirates NBD tapped to manage HHD secondary offering: Beltone Financial and Emirates NBD have reportedly been selected to manage…
EGOTH signs EGP 400 mn loan agreement with NBE to renovate Mena House
The Egyptian General Company for Tourism and Hotels (EGOTH) has signed a EGP 400 mn loan agreement with the National…
Talaat Moustafa to set up Four Seasons-branded Luxor hotel under PPP contract
Talaat Moustafa Group (TMG) signed a contract with the Egyptian General Company for Tourism and Hotels (EGOTH) that will see…
Egypt to complete construction of ICT university in the new capital by 2020 end
Egypt will complete the construction of the planned ICT university in the new capital’s so-called “knowledge city” by the end…
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