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Bonyan launches outdoor complex The Walk of Cairo
Compass Investment-owned Bonyan for Development and Trade has launched The Walk of Cairo, “an outdoor lifestyle destination” in Sheikh Zayed…
Egypt secures USD 1.2 bn China EximBank loan for NAC light railway
Egypt secures USD 1.2bn China EximBank loan for new capital light railway: China’s Export-Import Bank (EximBank) has agreed to extend…
CIRA reports 39% y-o-y growth in net profits in first quarter of its fiscal year
EARNINGS WATCH- Cairo for Real Estate and Investment (CIRA) reported a 39% y-o-y increase in net profit to EGP 74.3…
Emaar vs. El Nasr dispute resolved, minister says
Emaar vs. El Nasr dispute resolved, minister says: A settlement has been reached between Emaar Misr and state-owned El Nasr…
Expect pick-up in real estate stocks, says EFG Hermes
So, which stocks should you pick? Look at real estate stocks this year, says EFG Hermes: 2019 will be a…
New presidential decree aims to ensure gov’t availability, not restrict movement
A presidential decree that requires senior officials to obtain Ittihadiya approval for overseas travels and business trips has sparked public…
NUCA to receive EGP 20 bn syndicated loan, to issue EGP 10 bn-worth of bonds
The New Urban Communities Authority (NUCA) is set to sign a EGP 20 bn syndicated loan agreement with local banks…
TMG to invest EGP 300 bn in new project in Madinaty
Talaat Moustafa Group (TMG) is investing EGP 300 bn in the Spine, a mixed use project in TMG’s Madinaty city,…
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