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EGOTH signs EGP 400 mn loan agreement with NBE to renovate Mena House
The Egyptian General Company for Tourism and Hotels (EGOTH) has signed a EGP 400 mn loan agreement with the National…
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Talaat Moustafa to set up Four Seasons-branded Luxor hotel under PPP contract
Talaat Moustafa Group (TMG) signed a contract with the Egyptian General Company for Tourism and Hotels (EGOTH) that will see…
FRA says real estate, PE funds it regulates can sink more than 25% of their capital into a single company
REGULATION WATCH- FRA-regulated real estate and PE funds can now sink more than 25% of capital raised into a single…
Central Bank of Egypt launches its mortgage finance program
The Central Bank of Egypt (CBE) has launched its EGP 50 bn mortgage finance program for middle-income housing ahead of…
Mubasher’s Egypt brokerage firm acting as broker in Emerald IPO
IPO WATCH- Mubasher’s brokerage firm acting as broker in Emerald IPO: Mubasher Capital Holding for Financial Services’ trading arm is…
SODIC board approves Hussein Shoukry’s resignation
MOVES- SODIC board approves Hussein Shoukry’s resignation: HC Securities Chairman Hussein Shoukry’s resignation from the SODIC board was approved effective…
Americana Egypt’s profits halve in 2019
EARNINGS WATCH- Americana Egypt profits halve in 2019: Americana Egypt’s net profit plunged 48.4% in 2019 to EGP 15.1 mn…
Amr El Kady named managing director, executive VP of Talaat Moustafa Group
MOVES- Talaat Moustafa Group has appointed Amr El Kady (LinkedIn) as its new managing director and executive vice president, the…
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