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Logistics (MENA) 
Earnings Watch: Edita, Elsewedy Electric, GB Auto, EKH, PHD, ACC, NBK
EARNINGS WATCH- High-profile snackfood maker Edita recorded a 20.4% y-o-y increase in net profit in 4Q2018 to EGP 128.3 mn,…
Real estate
ARDIC to invest EGP 1 bn in Zizinia Al Mostakbal prooject
ARDIC for Real Estate Development and Investments is investing EGP 1 bn in its Zizinia Al Mostakbal project, the company…
Amer Group revises Porto Said cost estimates upwards to EGP 4 bn
Amer Group has revised its investment cost estimates for its Porto Said residential tourism project upwards to EGP 4 bn,…
CSCEC lays groundwork for tallest building in Africa
China State Construction Engineering Company (CSCEC) has begun laying the essential groundwork for the 385-m skyscraper set to be “Africa’s…
Egyptian arbitration court grants Amer Group USD 39 mn in compensation
The Cairo Regional Center for International Commercial Arbitration has granted USD 39 mn in compensation to Amer Group in a…
El Attal plans to go public on Egypt’s exchange next year
IPO WATCH- Real estate player El Attal Holding is mulling a listing on the EGX sometime next year, Chairman Ahmed…
Egypt’s first real estate fund to launch in March
Egypt’s first listed real estate fund to launch in March: The Egyptians Real Estate Fund will be up and running…
Honeywell signs agreement with Egypt to develop NAC security system
US-based Honeywell has signed with the New Administrative Capital Company for Urban Development (NACCUD) contracts to develop a digital security…
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