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Infrastructure 
PHD signs EGP 505 mn refinancing agreement with Ahli United Bank
PHD signs EGP 505 mn refinancing agreement with Ahli United Bank: Palm Hills Developments (PHD) has signed a EGP 505…
Real estate
Monorail financing to be clear by end of June
International financial institutions interested in financing the Sixth of October City to Giza and Nasr City to the new administrative…
Construction on new capital medical city begins
Housing Minister Assem El Gazzar laid the foundation stone for Egypt's medical city Capital Med, which is being implemented by…
Earnings watch: CIRA reports solid profit, revenue growth in 1Q2019-2020
EARNINGS WATCH- CIRA reports solid profit, revenue growth in 1Q2019-2020: Cairo for Real Estate and Investment’s (CIRA) profit jumped 47%…
Pioneers Holding to invest EGP 3 bn through its subsidiaries in 2020
INVESTMENT WATCH- Pioneers Holding plans to invest EGP 3 bn through its subsidiaries by the end of this year, according…
Deadline for HHD 10% stake + management contract bids extended until February
PRIVATIZATION WATCH- Deadline to bid for 10% stake in HHD with management rights extended until February: Heliopolis Housing & Development…
FRA approves Beltone’s new financial leasing, mortgage finance arms
The Financial Regulatory Authority has approved Beltone Financial’s plans to establish financial leasing and mortgage finance subsidiaries, Beltone’s Director of…
NACCUD to increase land prices by up to 20% this year
The New Administrative Capital Company for Urban Development (NACCUD) will raise land prices in the new capital by up to…
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