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Infrastructure 
Egypt’s parliament gives preliminary nod to draft law to settle building code violations
The House of Representatives approved in principle yesterday a temporary bill that outlines mechanisms for settling building code violations, Al…
SODIC calls off all-share acquisition of MNHD
M&A WATCH- SODIC calls off all-share acquisition of MNHD: Upmarket real estate developer SODIC will not submit a mandatory tender…
NACCUD to launch waste management tender for Egypt’s new capital
The New Administrative Capital Company for Urban Development (NACCUD) will issue a tender to implement a waste management system in…
Parliament, government want to regulate crowdfunding and real estate developers
LEGISLATION WATCH- Regulating all the things: Crowdfunding is now on the FRA’s priority list: Financial Regulatory Authority (FRA) boss Mohamed…
ATICOT to list up to 50% of shares in 2019
IPO WATCH- ATICOT looking to list up to 50% of shares in 2019: The Arab Trade, Investment & Cotton Trading…
50k civil servants to be transferred to Egypt’s new capital in 2020 -minister
Sign of the times? As many as 50k state employees could be reassigned to offices in the new administrative capital…
Orascom Construction adds USD 825 mn to its backlog in 4Q2018
Orascom Construction adds USD 825 mn to its backlog in 4Q2018: Our friends at Orascom Construction added USD 825 mn…
House committee to approve draft law to regulate real estate development
LEGISLATION WATCH- Housing Committee planning sweeping regulatory changes for real estate industry: The House of Representatives’ Housing Committeewill approve in…
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