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Egypt’s real estate, construction and hospitality sectors won attention of foreign investors in 2017
** #2 2017 wasn’t a great year for foreign investment in Egypt, but real estate, hospitality and construction were winners…
Real estate
Arabia Holding to invest EGP 1.5 bn in Galleria and Sun Capital in 2019
Real estate developer Arabia Holding is planning to invest EGP 1.5 bn in its flagship projects Galleria and Sun Capital…
Elsewedy Electric looks to build tech-focused university in Upper Egypt
Elsewedy Electric CEO Ahmed El Sewedy is looking to obtain land in Upper Egypt to establish a tech-focused university in…
Madbouly meets with World Bank reps for USD 500 mn social housing loan
Madbouly meets with World Bank reps for USD 500 mn social housing loan: Prime Minister Moustafa Madbouly met with World…
Housing Ministry, CBE look to expand Mortgage Finance Fund by EGP 10 bn
The Housing Ministry is in talks with the CBE to extend the EGP 20 bn Mortgage Finance Fund with an…
EFG Hermes, NBE, CIB and AAIB bod on NUCA’s EGP 4.5 bn securitized bond issuance
EFG Hermes has formed a consortium with CIB, National Bank of Egypt (NBE), and Arab African International Bank (AAIB) to…
Egypt real estate giants SODIC, MNHD release operational updates as they push ahead with merger
** #3 M&A WATCH- Real estate giants SODIC and MNHD release operational updates. The two players in what we believe…
Egyptian House of Representatives to debate tinkering with Investment Act, proposal to regulate ad industry loses steam, real estate developers could get state-sanctioned federation
** #7 LEGISLATION WATCH- Is the House looking to amend the Investment Act amid falling FDI? Worried about declining foreign…
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