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UAE’s Aldar Properties eyes investments in Egypt
INVESTMENT WATCH- UAE’s Aldar Properties eyes investments in Egypt: Abu Dhabi-based real estate company Aldar Properties is eyeing the Egyptian…
Real estate
Porto Group investing EGP 7.7 bn in Porto October
Real estate developer Porto Group is investing EGP 7.7 bn in its Porto October project west of Cairo, Chief Marketing…
Suez Canal, foreign reserves, new cities and chicken kept talking heads busy last night
Egypt getting its money’s worth in Suez Canal gains: A cabinet infographic showing a 5.4% jump y-o-y in Suez Canal…
Vertical forest project to be implemented in the new administrative capital
Misr Italia is working with Italian architect Stefano Boeri to bring his “vertical forest” to its buildings at the new…
Earnings: Emaar Misr turns loss of EGP 324.3 mn in 3Q2019
EARNINGS WATCH- Emaar Misr turned net losses of EGP 324.3 mn in 2Q2019, down from a net profit of EGP…
Egypt signs USD 4.5 bn agreement for monorails to Giza and new capital
Orascom’s long awaited USD 4.5 bn monorail agreement finalized: A consortium of Bombardier Transportation, Orascom Construction and Arab Contractors signed…
Six Egyptian banks begin disbursing EGP 3.1 bn loan to Samcrete
Six local banks — the National Bank of Egypt, Banque Misr, Banque du Caire, SAIB Bank, Suez Canal Bank, and…
Tatweer Misr says North Coast’s Fouka Bay investments worth EGP 4 bn
Tatweer Misr is investing an estimated EGP 4 bn in its Fouka Bay project on the North Coast, excluding land…
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