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Logistics (MENA) 
Magued Sherif steps down from SODIC after eight years
Former SODIC COO Ayman Amer is replacing Sherif
Palm Hills closes EGP 638 mn securitization
Palm Hills Developments (PHD) has closed an EGP 638 mn securitized bond issuance, according to a joint statement (pdf) from…
THIS EVENING: Palm Hills closes EGP 638 mn securitized bond issuance
Happy THURSDAY, wonderful people. It’s a relatively calm end to the week — we hope that carries through the weekend…
Fertiglobe, Emaar report bumper earnings in 2022
A good year for Fertiglobe: The MENA fertilizers firm — a joint venture between Adnoc and the Sawiris-owned OCI —…
ODE gets greenlight for Gouna expansion
A new agreement will more than double the town’s current size
Three global firms reportedly eyeing contract for Metro Line 1 upgrades
TRANSPORT- Three international companies have their sights set on developing Metro Line 1: Germany’s Siemens and French firms Alstom and…
Gov’t to hire 30k new teachers in bid to end shortage + telcos can market micro ins. policies
EDUCATION- Teacher hiring drive: The Education Ministry is looking to hire 30k primary school assistant teachers for the first, second…
SODIC revenues up 13% y-o-y on record sales but impact of deval hits net income
SODIC reports higher revenues in 2022: Real estate giant SODIC’s revenues rose 13% y-o-y to EGP 7.8 bn in 2022,…
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