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Emaar Misr appoints Moustafa El Kadi as new CEO
MOVES- Emaar Misr has tapped Moustafa Mounir Moustafa El Kadi (LinkedIn) as the company’s new CEO, according to a company…
Real estate
Concorde Engineering and Contracting to invest EGP 1 bn in Egypt’s North Coast
Concorde Engineering and Contracting is looking to construct two new hotels at a combined cost of EGP 1 bn on…
Emaar Misr CEO Mohamed El Dahan resigns
MOVES- Emaar Misr CEO Mohamed El Dahan submitted his resignation last week, El Dahan told Al Mal, without providing a…
Inauguration of new administrative capital’s mosque, church is in the limelight on the airwaves
**#5 Wait? What? There’s a potential for a US military aid cut? By far the most important piece of news…
NUCA to hike land prices by 15-20% in 2019
The New Urban Communities Authority (NUCA) will raise its land prices by 15-20% in 2019, a government source said. The…
NAT to sign USD 1.2 bn loan agreement with China Exim for electric rail line
The National Authority for Tunnels (NAT) will sign before mid-January a USD 1.2 bn low-interest loan agreement with the Export-Import…
Orascom Development sells three Red Sea properties
Orascom Development Egypt (ODE) has sold three of its properties in the Red Sea Makadi resort for EGP 856 mn,…
Orascom Construction to build concrete factory in New Alamein
The New Urban Communities Authority (NUCA) has granted 50k square meters to Orascom Construction to establish a factory for concrete…
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