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SODIC-supported initiative Educate Me inks MoU with Education Ministry
SODIC-supported initiative Educate Me (Alemny) has inked an MoU with the Education Ministry to support public education on a national…
Germany removes travel ban restrictions on Taba
Germany has removed flight restrictions to Taba, allowing direct flights to the Sinai city, the country’s foreign ministry said. “The…
Amer Group, Porto Group begin procedures to receive USD 39.9 mn compensation from Antaradous
DISPUTE WATCH- Amer Group, Porto Group begin procedures to receive USD 39.9 mn compensation: Amer Group and Porto Group have…
UAE’s Global Pioneers breaks ground on shopping mall in Egypt’s new capital
A subsidiary of UAE-based Global Pioneers Group has broken ground on a shopping mall in a multi-use district of the…
Misr Italia establishes EGP 100 mn real estate fund
Property developer Misr Italia has established a real estate fund with initial capital of EGP 100 mn, Chairman Hani El…
Marakez to open Mall of Tanta this fall
Marakez will open its Mall of Tanta this fall, the company said in a statement (pdf). The EGP 1 bn…
Egypt to begin tendering land under new mechanism
REGULATION WATCH- Cabinet outlines new land tender mechanism for mixed-use developments in new communities: The Madbouly Cabinet outlined in a…
ODE offloads 87% stake in Tamweel for EGP 313 mn
M&A WATCH- ODH to use proceeds from Tamweel sale to pay down debt: Orascom Development Egypt (ODE) will use EGP…
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