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Senior civil servants removed from gov’t subsidy program
Another Nasserist legacy bites the dust as Supply Ministry kicks Cabinet members off welfare rolls: The Supply Ministry has removed…
Real estate
Sarwa Capital concludes EGP 760 mn PHD securitization
Sarwa Capital announced that it has concluded the EGP 760 mn securitization of Palm Hills Development’s receivables portfolio, which was…
Egypt criticizes “inaccurate” UN report on housing rights
Egypt criticizes “inaccurate” UN report on housing rights: A UN report on housing rights presented on Monday, with a special…
Sawiris-owned real estate company to develop 58.9-feddan Sheikh Zayed plot
A real estate development company owned by Naguib Sawiris has been awarded a contract to develop 58.9 feddans in Sheikh…
SODIC appoints new commercial and operations manager
MOVES- SODIC has appointed Nabil Amasha (LinkedIn) as Commercial and Operations Manager, Al Mal reported. Amasha previously served as manager…
Emaar, El Nasr negotiations signal potential resolution, case still with court
BEEF WATCH- Case against Emaar still under court review but negotiations are positive: An arbitration case againstEmaar Misrfiled by El…
Egypt’s cabinet to devise plan to bring in new US investments
The government is working to devise a plan to attract new US investments from big players, according to a Cabinet…
ODE sales in O West project
Orascom Development Egypt (ODE) began sales in its EGP 3.3 bn “O West” development, its first home project located west…
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