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Logistics (MENA) 
TMG to invest EGP 300 bn in new project in Madinaty
Talaat Moustafa Group (TMG) is investing EGP 300 bn in the Spine, a mixed use project in TMG’s Madinaty city,…
Egypt fastest growing startup market in MENA which raised USD 893 mn in 2018
Is Egypt the fastest growing startup market in MENA? Egypt is the fastest growing startup ecosystem and the second largest…
Concorde Engineering and Contracting to invest EGP 1 bn in Egypt’s North Coast
Concorde Engineering and Contracting is looking to construct two new hotels at a combined cost of EGP 1 bn on…
NUCA to hike land prices by 15-20% in 2019
The New Urban Communities Authority (NUCA) will raise its land prices by 15-20% in 2019, a government source said. The…
Orascom Development sells three Red Sea properties
Orascom Development Egypt (ODE) has sold three of its properties in the Red Sea Makadi resort for EGP 856 mn,…
Heliopolis Housing, a pilot of the state’s privatization program, could sell Al Nasr stake
M&A WATCH- Heliopolis Housing could sell Al Nasr stake: State-owned Heliopolis Housing and Development (HDD), one of the first companies…
Emaar backs off from 1,500 feddan residential project in Egypt’s new capital
Have talks broken down between Emaar and the new capital authority? Bloomberg reported on Monday that talks between Emaar and…
What we’re tracking on 02 January 2019
Happy New Year, friends, and welcome to 2019. We’re delighted to be back in your inboxes this morning after our…
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