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Earnings watch: CIRA reports solid profit, revenue growth in 1Q2019-2020
EARNINGS WATCH- CIRA reports solid profit, revenue growth in 1Q2019-2020: Cairo for Real Estate and Investment’s (CIRA) profit jumped 47%…
Qatari Diar offers olive branch to litigious City Gate clients
Qatari Diar offers City Gate customers quid pro quo: Qatari Diar has offered amended contract terms to clients of its…
House committee approves changes to income tax bands
LEGISLATION WATCH- House committee approves changes to income tax bands: The House Planning and Budget Committee yesterday approved changes to…
Ashraf Salman appointed as City Edge Chairman, Ahmed Wehashi joins board
MOVES- Ashraf Salman appointed City Edge chairman, Ahmed Wehashi joins board: The City Edge board has approved the appointment of…
Hussein Shoukry resigns from SODIC board
MOVES- Hussein Shoukry resigns from SODIC board: HC Securities Chairman Hussein Shoukry has submitted his resignation from the SODIC board…
Banque du Caire acquires 20% stake in Egy Serv
M&A WATCH- Banque du Caire acquires 20% of Egy Serv: Banque du Caire (BdC) has acquired a 20% stake in…
Sodic’s Soreal signs EGP 1 bn facility with CIB to finance its EDNC project
DEBT WATCH- Sodic subsidiary signs EGP 1 bn medium term facility with CIB: Sodic subsidiary Soreal for Real Estate Development…
SODIC, NUCA sign escrow with Banque Misr for 500 acre Zayed development
SODIC and the New Urban Communities Authority (NUCA) signed on Tuesday the escrow contract for SODIC’s 500 acre development in…
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