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Jaz hotels to invest EGP 2.5 bn this year to build 4 hotels
Travco subsidiary Jaz Hotel Group is planning to invest EGP 2.5 bn this year to build four new hotels in…
HHD posts EGP 351.3 mn profit in 2H2019
EARNINGS WATCH- Real estate company Heliopolis Housing and Development (HHD) posted net profits of EGP 351.3 mn in 2H2019, up…
What we’re tracking on 2 February 2020
The business community is mourning Khaled Bichara, who tragically passed away on Friday in a car accident on the Ring…
Your top infrastructure stories of the week
Your top infrastructure stories of the past week: A House of Representatives joint committee yesterday approved government amendments to the…
Real estate firm Emerald to debut on stock exchange in “10 days”
IPO WATCH- Emerald set to become Egypt’s first IPO of 2020 in 10 days -Omran: Real estate investment firm Emerald…
El Sewedy, two French and Chinese companies win tender to supply smart meters for new capital
El Sewedy Electric and two unnamed Chinese and French companies have won a tender to supply 200k smart meters for…
Marriott to open St. Regis branch in new administrative capital in 2Q2020
The Marriott-owned luxury hotel chain St. Regis is set to open a branch in the new administrative capital’s Almasa Royal…
Investors call on the government to scrap real estate tax on factories
Investors call for an end to real estate tax on factories: The Investors Union has petitioned the government to abolish…
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