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Orascom Development Egypt to launch three projects in El Gouna in 2020
Orascom Development Egypt (ODE) is planning to launch three projects in El Gouna in 2020, including a hotel and two…
Egypt’s NUCA securitization program to get underway:
DEBT WATCH- NUCA’s securitization program to get underway: A consortium made up of CIB and the National Bank of Egypt…
SODIC launches the first phase of its Vye project in New Zayed
Real estate watchers, take note: Sodic sells 1 bn-worth of units in Vye in two days: Sodic’s 500 acre Vye…
AAIB looks for partners in EGP 2.1 bn syndicated loan for MNHD
The Arab African International Bank (AAIB) has approached several local banks to contribute to a EGP 2.1 bn loan it…
Prepaid card market in Egypt to grow by 18.2% by 2023
Egypt’s prepaid card market is expected to grow at a compound annual rate of 18.2% by 2023, after growing 24.1%…
Palm Hills signs EGP 1.1 bn medium-term loan agreement with CIB to refinance debt
DEBT WATCH- Palm Hills Developments (PHD) has signed a EGP 1.1 bn medium-term loan agreement with CIB to refinance some…
Porto Assuit to break ground in coming days
Porto Group intends to start construction work on the EGP 4.5 bn Porto Assiut project in the coming days, said…
Egyptian real estate investment firm Emerald to IPO around mid-January
IPO WATCH- Emerald to offer 28% stake in January IPO: Real estate investment firm Emerald is planning to sell 28%…
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