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Infrastructure 
NACCUD to offer land plots for high-rises
The New Administrative Capital Company for Urban Development (NACCUD) is preparing to offer land plots for developers to build up…
Real estate
Earnings watch: Porto Group
EARNINGS WATCH- Porto Group’s 1H2019 profits jumped 50% y-o-y to EGP 80.1 mn, compared to EGP 53.1 mn a year…
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.…
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…
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