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What the markets are doing on 22 April 2021
Abu Dhabi is considering selling a 10% stake in power distributor TAQA as it attempts to attract international investment for…
Africa Crest to invest EGP 900 mn in two schools this year
Dubai-based Africa Crest Education is dusting off plans to invest EGP 900 mn in Egypt this year to establish two…
Aldar to begin DD on Sodic “within days” -Magued Sherif
The UAE’s Aldar Properties is expected to begin due diligence on EGX-listed Sodic “within days” as it seeks a majority…
The secondary market for homes just got interesting to NBFS players — and to tech
Real estate startups Isqan.com and Qasatli have partnered up to provide installment plans to online homebuyers, Isqan said in a…
Your office rent won’t be hit with VAT
Office + commercial spaces aren’t going to be subject to 14% VAT: Proposed amendments to the VAT Act would impose…
Mogamma building overhaul to be completed ASAP
And speaking of the SFE, the fund is expected to reach an agreement with a private sector partner to repurpose…
Sodic taps financial advisors to assess Aldar acquisition bid
Sodic to weigh Aldar acquisition offer: Our friends at Sodic have appointed unnamed financial advisors to look into Emirati real…
Also on our Radar on 5 April 2021
Some 25 shipments of liquefied natural gas were exported via Egypt’s Idku LNG terminal in the first three months of…
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