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Of app-ification, golden licenses, and Egyptian banks in Iraq
PLUS: Mansour Auto, China’s Deli Group get golden licenses
Elsewedy eyes the Gulf, SCZone locks in solar + pharma, and Sinai tourism investors catch a break
Elsewedy’s USD 500 mn GCC push Elsewedy Electric plans to establish nine facilities in Saudi Arabia and two in Qatar,…
Hassan Allam lands USD 250 mn Afreximbank African Trade Center contract — will it unlock more funding for Egypt?
The Afreximbank African Trade Center will be the bank’s largest complex to date and will house its new global headquarters
Orange export season is quickly approaching
PLUS- Concrete Plus plans to implement USD 1 bn-worth of infrastructure projects in Uganda and Tanzania next year
Emaar Misr, KSA’s Dallah Albaraka to develop EGP 78 bn New Cairo project
The project will span 380 feddans and generate some EGP 117 bn in revenues
Finance Ministry rolls out tax workaround for contractor contracts inked before VAT shake-up
The move follows VAT amendments ratified in July that subjected all new construction and contracting contracts to the standard 14%…
The real estate market sees structural recovery driven by real demand and new financing trends, Savills says
The commercial segment remains one of the market’s main growth drivers
Gov’t mulls low-interest financing for home buyers
The Real Estate Developers Chamber proposed rates between 8-12% depending on property size
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