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NI Capital to launch bookrunner tender for HHD secondary offering in September
IPO WATCH- NI Capital to launch bookrunner tender for HHD secondary offering next month: State-owned investment bank NI Capital is…
Heliopolis Housing calls shareholders meeting to vote on management contract
HHD calls on shareholders to vote on handing company management to a private partner: State-owned real estate developer Heliopolis Housing…
HCHD extends auction to lease Merryland sections to 28 Aug
Heliopolis Housing and Development (HHD) has extended an auction to lease Showland and a children’s park at Merryland amusement park…
Heliopolis Housing sells eight Sheraton plots for EGP 66.8 mn
Heliopolis Housing has sold eight plots of land in Sheraton for a total value of EGP 66.8 mn, the company…
Government approves handing Heliopolis Housing management to an investor
M&A WATCH- Gov’t to offer 11% stake in Heliopolis Housing — with management rights: The Public Enterprises Ministry and the…
Egypt’s state-owned HHD puts 32 land plots in Sheraton, Heliopolis up for sale
Heliopolis Housing and Development (HHD) is selling 32 land plots it owns in Sheraton, Heliopolis, through direct order agreements, the…
Tawfik: HHD to IPO in 4Q2019 or seek help from strategic investors
IPO WATCH- Stake in Heliopolis Housing could be sold to a strategic investor: The Public Enterprises Ministry is working with…
Heliopolis Housing aims to reduce debt by 50% in coming fiscal year
Real estate developer Heliopolis Housing is looking to reduce its debt by 50%, grow revenues to more than EGP 3.1…
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