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Another quiet night on the airwaves
It was another quiet night on the airwaves yesterday, with no single story capturing the attention of the talking heads.…
Real estate
Inertia, BdC sign EGP 575 loan agreement for construction work
Inertia signed yesterday a five-year EGP 575 mn loan agreement with Banque du Caire, according to Reuters’ Arabic service. The…
Al Marasem eyes Banque Misr to become lead arranger for EGP 2 bn Islamic loan
Real estate player Al Marasem International is in talks with Banque Misr to have it act as the lead arranger…
Earnings watch: Orascom Development Egypt, Arabian cement
EARNINGS WATCH- ODE doubles y-o-y profit to EGP 205 mn in 2Q2019: Orascom Development Egypt (ODE) doubled its net profits…
Egypt seeking USD 2.5 bn of financing for monorail project
Gov’t eyes USD 2.5 bn loan for monorail project: The government is seeking a USD 2.5 bn loan to finance…
Lawsuit filed against Emaar Misr over Marassi land plot
DISPUTE WATCH- Emaar Misr sued over Marassi land plot: Businessman Waheed Raafat has filed a legal case against Emaar Misr…
Alhokair’s Marakez to break ground on Mansoura mall in December
Alhokair Group’s Marakez Real Estate Investment expects to break ground on its planned mall in Mansoura in December and could…
Cira says government approved adding 7 new schools to its Badr University
The government has granted permission to leading private sector education provider Cairo for Investment & Real Estate Development (CIRA) to…
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