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No official bids yet for for 10% stake in HHD + management
PRIVATIZATION WATCH- No official bids yet for for 10% stake in HHD + management: Heliopolis Housing and Development (HHD) is…
Egypt in the News on 9 February 2020
It’s a relatively quiet morning for Egypt in the foreign press, with no single story leading the conversation. Among the…
Cabinet finally approves Real Estate Registry Act
CABINET WATCH- Cabinet finally approves Real Estate Registry Act: The Madbouly Cabinet approved yesterday amendments to the Real Estate Registry…
Central Bank of Egypt to launch mortgage finance program in March
CBE to launch mortgage finance program next month: The Central Bank of Egypt (CBE) is finalizing its mortgage finance program…
Real estate firm Emerald to debut on stock exchange in “10 days”
IPO WATCH- Emerald set to become Egypt’s first IPO of 2020 in 10 days -Omran: Real estate investment firm Emerald…
House approves Tax Dispute, Consumer Credit bills in principle
LEGISLATION WATCH- House approves Tax Dispute Act in principle: The House of Representatives yesterday approved in principle the government’s temporary…
FRA sets up committee of NBFs to participate in CBE’s initiative to rehabilitate financially troubled clients
FRA to bring NBFS firms on board with CBE corporate debt forgiveness initiative: The Financial Regulatory Authority (FRA) is forming…
PHD signs EGP 505 mn refinancing agreement with Ahli United Bank
PHD signs EGP 505 mn refinancing agreement with Ahli United Bank: Palm Hills Developments (PHD) has signed a EGP 505…
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