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Mohamed Alabbar wants to redevelop gov’t buildings in downtown Cairo. PLUS: New oil find, more wheat incoming + budget flights from London to Cairo
Alabbar’s Emaar is planning to expand its presence on the North Coast
Shoukry heads to Tunis. PLUS: More Gulf real estate investment on the horizon?
The news cycle is picking up slightly as we slide into the midweek
Emaar to open three new hotels in Egypt by 2024. PLUS: New GASC tender and a Fresh acquisition
Two hotels will open their doors this year
Aramco profits surge 90% in 2Q 2022
EARNINGS WATCH- #1- Saudi Aramco’ posts record net income amid spiraling oil prices: Saudi Aramco reported record 2Q 2022 and…
The IMF says the US wll “narrowly avoid” recession + US stocks had a good week for once
Not predicting a recession in the US this year or next: The IMF, which said in a statement Friday that…
Emaar loves Egypt, Part XVI
Egypt is Mohamed Alabbar’s favorite real estate investment destination: High demand, attractive turnover, and the sheer size of Egypt’s real…
Emaar loves Egypt + Edita’s big move in Morocco
Emaar Properties plans to double its Egypt operations to 30% of its overall business, founder Mohamed Alabbar told Asharq Business,…
Egypt and UAE’s Emaar finally settle their Uptown Cairo beef
DISPUTE WATCH- Egypt and UAE’s Emaar have finally settled their beef over Uptown Cairo: Property developer Emaar Misr has signed…
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