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Emaar Misr negotiating over Sheikh Zayed plot status
Real estate developer Emaar Misr is still negotiating with authorities over paying fees levied after it changed the purpose of…
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Mortgage Finance Fund to receive USD 60 mn loan from World Bank in June
The Mortgage Finance Fund (MFF) will receive c.USD 60 mn from the World Bank this June, Chairman Mai Abdel Hamid…
SODIC signs purchase agreement for 500-acre plot in Egypt’s Sheikh Zayed
SODIC lands 500-acre plot in Egypt’s Sheikh Zayed: SODIC signed on Thursday a EGP 15.3 bn purchase agreement with the…
Egypt’s NUCA names managers of planned EGP 10 bn bond securitization
The New Urban Communities Authority has selected EFG Hermes, CIB, National Bank of Egypt, and Arab African International Bank to…
Global Lease to borrow USD 10 mn from EU-based funds to diversify sources
Global Lease is planning to borrow USD 10 mn from two unnamed European lenders this year to diversify its financing…
Egypt wants to subject real estate payment plans to FRA oversight
LEGISLATION WATCH- Gov’t wants to subject real estate payment plans to FRA oversight: Installment-based payment plans for real estate could…
Egypt bourse plans establishing real estate index
The Egyptian Stock Exchange is planning to establish a real estate index that has companies’ performance and unit prices, EGX…
Egypt commercial project developer Marakez to open Mall of Tanta in 3Q2019
Wait, there’s life outside Cairo? Marakez’s Mall of Tanta is set to open its doors in 3Q2019, according to a…
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