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Infrastructure 
Banque Misr backs the country’s first onshore private investment in public equity fund. PLUS: Arab Contractors + CSCEC, Oriental Industrial Projects
Its other backers include E-finance, CIB, Suez Canal Bank, Misr Life Ins., and Midbank
Chevron makes its Red Sea exit official. PLUS: Saudi Gold Refinery, Raya Holding, Ora Developers, Microsoft
Chevron said its resources will instead go towards its interests in Egypt’s Mediterranean
Chevron reportedly exits Red Sea’s last active exploration block. PLUS: Somabay, Marakez + Azza Fahmy, Orascom Development
The government is pushing back, citing strong fundamentals for a relaunch
LMD eyes USD 4 bn Cairo project, North Coast expansion
LMD is also planning to expand its footprint along Egypt’s Mediterranean coast
Majid Al Futtaim launches EGP 15 bn Junction project in West Cairo
The mixed-use project will include 13 commercial and admin buildings and a 5-star hotel, and will be funded in-house, with…
Ghada Waly, Ismail Mansour join Palm Hills’ board
The company also greenlit a EGP 1.3 bn loan to finance the expansion of Casa Cook hotel in Hacienda White
Hyde Park Developments taps Hala Abdel Wadood as new chief corporate communication officer
PLUS- Meysan expands footprint in Egypt, tapping two new partners for its Cairo office
JLL’s two cents on Cairo’s real estate sector’s performance last year
The residential sector retained its resilience throughout 2024
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