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The state goes on the offense to repatriate allocated land plots from investors
The Industrial Development Authority (IDA) is gearing up to repossess industrial land from companies that “aren’t serious” about meeting construction…
Egypt Kuwait Holding raises stake in Delta Insurance to 61.5%
M&A WATCH- Egypt Kuwait Holding (EKH) has raised its stake in Delta Insurance to 61.5% from 56.5% in a EGP…
The future of SWFs is at risk as covid-19 turns the industry on its head
The future of SWFs is at risk as covid-19 turns the industry on its head: Sovereign wealth funds (SWFs) around…
Foreign holdings of Egyptian t-bills rebound in June after fourth straight month of decline
Foreign holdings of Egyptian t-bills rebounded in June following four straight months of decline, according to CBE data (pdf) released…
Naguib Sawiris-owned Ora looks to debt market to finance projects
DEBT WATCH- Naguib Sawiris’ Ora Developers is looking to issue bonds and take out more loans to finance its real…
CIB, MNHD sign EGP 1.1 bn syndicated loan agreement
Our friends at CIB will be leading a consortium to arrange a EGP 1.1 bn syndicated loan for Madinet Nasr…
Your top infrastructure stories
Your top infrastructure stories for the week include: Dry port tender: A consortium of ElSewedy Electric and the Egyptian Holding…
What we’re tracking on Tuesday, 25 August 2020
Good morning, friends. If you’re feeling a bit dizzy, it’s because the train is accelerating out of the station as…
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