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Infrastructure 
NUCA agrees with Egyptian banks on EGP 6 bn loan
The New Urban Communities Authority (NUCA) has agreed with a banking consortium on a EGP 6 bn loan to meet…
Real estate
Ismailia for Real Estate Investment looking to invest EGP 150 mn by year-end
Al Ismaelia for Real Estate Development aims to invest EGP 150 mn this year in purchasing new buildings and improving…
Heliopolis Housing to begin auctioning land in Sheraton next month
Heliopolis Company for Housing and Development will begin auctioning 44 of its land plots in Sheraton, Heliopolis on 2 May,…
EFG, GB Capital, Talaat Moustafa Group to launch mortgage finance JV
EFG, GB Capital, Talaat Moustafa Group to launch mortgage finance JV: EFG Hermes, GB Capital and Talaat Moustafa Group said…
CBE agrees to lower interest rates for middle-income housing
CBE to renew mortgage financing program for middle-income homeowners: The Central Bank of Egypt (CBE) has agreed to a proposal…
SODIC shareholders approve EGP 0.5/share 2018 dividend payout
SODIC shareholders approved the board’s recommendation to proceed with a dividend payment of EGP 0.5 per share 2018, the company…
Egyptian real estate player El Attal to reportedly invest USD 600 mn in Dubai residential project
Egypt-based real estate developer El Attal Holding is reportedly planning to launch a residential project in Dubai at a cost…
Heliopolis Housing postpones auction to sell Sheraton land
Heliopolis Company for Housing and Development has postponed an auction to sell a land plot in Sheraton, Heliopolis in light…
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