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What we’re tracking this week and beyond
Amendments to Real Estate Registry Act coming: The Madbouly Cabinet is planning to introduce a bill to the House of…
Real estate
Earnings Watch: GB Auto, Orascom Development Egypt
EARNINGS WATCH- GB Auto reported a consolidated net profit of EGP 240.4 mn in 3Q2018, reversing losses of EGP 138.9…
Tatweer Misr, GEN to build EGP 120 mn entrepreneurship center
Real estate developer Tatweer Misr signed an MoU yesterday with Global Entrepreneurship Network (GEN) to establish a EGP 120 mn…
Education Minister denies suggesting Egypt’s unpaid education system should be abolished
Education Minister Tarek Shawki blanketed the airwaves last night to dispel rumors that he had called for the abolishment of…
Al Kholoud reaches EGP 600 mn settlement agreement with Egypt over steam boilers case
Government reaches settlement in dispute arising from 2011 unwinding of privatization sale: Al Kholoud for Touristic and Real Estate Development…
Housing Ministry in talks to push forward Real Estate Investment Law
The Housing Ministry is currently in talks with real estate representatives about a proposed law to regulate investments in the…
Mariout Hills launches EGP 500 mn eco-friendly compound in New Alamein
Real estate developer Mariout Hills has launched a EGP 500 mn environmentally-friendly residential compound in New Alamein, chairman Ahmed Hassan…
Germany’s BSH to set up home appliances factory in Egypt
INVESTMENT WATCH- Germany’s BSH to set up home appliances factory in Egypt: New Urban Communities Authority (NUCA)’s board of directors…
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