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Infrastructure 
CBE extends EGP 235 mn in mortgage financing
The Central Bank of Egypt (CBE) has extended an additional EGP 235 mn to mortgage companies to provide subsidized loans…
Egyptian education provider CIRA to invest EGP 110 mn in New Mansoura, Assuit projects
INVESTMENT WATCH- CIRA plans to invest EGP 110 mn in New Mansoura, Assiut projects: Leading private sector education provider Cairo…
Egypt’s Madinet Nasr awards EGP 5 bn work to contractors
Real estate developer Madinet Nasr for Housing (MNHD) has awarded EGP 5 bn of work to contractors, including Redcon Construction…
HHD is still accepting bids for 10% stake + management -Tawfik
PRIVATIZATION WATCH- HHD is still accepting bids for 10% stake + management rights, Tawfik says: State-owned Heliopolis Housing and Development…
Sarwa Capital concludes EGP 776 mn Palm Hills securitized bond
Palm Hills and Sarwa Capital have closed a EGP 776 mn securitized bond backed by a portfolio of 582 delivered…
Egypt’s SODIC awards EGP 300 mn-worth of construction contracts for SODIC East
SODIC has awarded construction contracts worth EGP 300 mn for its flagship SODIC East project, according to an emailed statement…
Sawiris’ Ora in talks with Qatari Diar for 51% stake in Egypt’s CityGate
M&A WATCH- Ora Developers in talks with Qatari Diar for 51% stake in CityGate: Naguib Sawiris’ Ora Developers is in…
CIRA makes 10% “commitment deposit” for EGP 479 mn land plot in Badr
Cairo for Investment and Real Estate Development (CIRA) has made a 10% down payment for a EGP 479 mn land…
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