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Tameer secures EGP 956 mn loan. PLUS: News from JAF Investment and Madinet Masr
A little bit of debt, a little bit of M&A, and a little bit of real estate news. DEBT- Tameer…
Save the date, Saudi investments are on their way. PLUS: News from Ingram Micro, Telecom Egypt, Valu, and EIB
The Saudi Al Kraida Dates is working on a dates factory
Presidential elections, soaring tuition fees, Sisi’s meeting with MBZ all get airtime
It was a mixed bag of nuts on the airwaves: There was more speculation about the upcoming presidential election, coverage…
Madinet Masr’s net income more than doubles in 2Q 2023
Sales value was up in 1H 2023 despite a dip in the number of units sold
MEDCOM signs EGP 1 bn MoU to develop infrastructure at Madinet Masr’s Taj City. PLUS: New mining exploration tender, Shanghai Shengda
The contractor will develop the water system, lighting, road networks and utilities in several areas of the development
EIB could provide USD 300 mn for new rail line. PLUS: Madinet Masr acquires Minka, Tenth of Ramadan dry port, green methanol, new freezones incoming
The EBRD has provided EUR 40 mn to help fund the line, which will be used for freight and passenger…
Madinet Masr announces first project outside of Cairo. PLUS: Raya CX expands in KSA, Weitz medical warehouses
The Zahw mixed-used development in Assiut will feature almost 1.3k residential units
Madinet Masr profits more than double in 1Q 2023
EGX-listed real estate developer Madinet Masr reported EGP 304.4 mn in net income in 1Q 2023, up 153% y-o-y,according to…
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