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No official bids yet for for 10% stake in HHD + management
PRIVATIZATION WATCH- No official bids yet for for 10% stake in HHD + management: Heliopolis Housing and Development (HHD) is…
Concrete Plus Engineering signs EGP 1.8 bn syndicated loan agreement
Concrete Plus Engineering signed a EGP 1.8 bn syndicated loan agreement with the National Bank of Egypt and Qatar National…
Bombardier wants to set up a monorail component factory in Egypt’s SCZone
Canada’s Bombardier is interested in building a monorail components plant in the Suez Canal Economic Zone, Transport Minister Kamel El…
Egypt in the News on 9 February 2020
It’s a relatively quiet morning for Egypt in the foreign press, with no single story leading the conversation. Among the…
Al Burouj Egypt to invest EGP 1.5 bn in new capital mall
Al Burouj Egypt will invest EGP 1.5 bn in the Sixty Business Park mall project in the new administrative capital,…
Cabinet finally approves Real Estate Registry Act
CABINET WATCH- Cabinet finally approves Real Estate Registry Act: The Madbouly Cabinet approved yesterday amendments to the Real Estate Registry…
Abdel Hamid Abu Youssef, Ashraf Nessim appointed as ODE interim execs
MOVES- Abdel Hamid Abu Youssef and Ashraf Nessim have been appointed as interim executive officers of Orascom Development Egypt following…
Egyptian bn’aire Naguib Sawiris acquires 60% of Qatari Diar's City Gate project
M&A WATCH- Naguib’s Ora Developers acquires 60% of Qatari Diar's City Gate project: Egyptian businessman Naguib Sawiris has agreed in…
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