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Infrastructure 
Palm Hills to snap up Mansour’s 29.6% stake in Taaleem
PHD will buy Mansour’s 216.1 mn shares at EGP 8.65 a share in an EGP 1.9 bn transaction
Cement production cut extended again
The cut was initially introduced for a one-year period in 2021
Poland’s Padma Art wants to set up a EUR 70 mn furniture complex in New Alamein
The complex will earmark most of its output to Arab, US, and European markets
A look into Egypt’s real estate market
We gathered a number of key real estate players during this year’s EnterpriseAM Finance Forum
Dragon Oil is looking to invest more in Egypt. News from UN, El Gouna, AAIB
The government owes Dragon Oil USD 200 mn in receivables
Premium Healthcare wants to increase its capital. PLUS: News from SCZone, Magnom Properties
The company is considering raising its capital through share swaps with acquired entities
El Sisi reinstates the full provisions of the 2008 Building Law in a move aimed at reviving the construction sector
El Sisi has directed the government to scrap the construction licensing requirements put forward in 2021
Palm Hills’ Yasseen Mansour snaps up more of Taaleem + Magrabi and Rivoli Vision to merge
Mansour has bought a additional 10.1% stake in Taaleem in an EGP 773.2 mn transaction
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