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OUD eyeing 1H2019 IPO, plans to invest EGP 3 bn next year
** #5 IPO WATCH- Orientals for Urban Development eyeing 2019 IPO: Oriental Weavers sister company Orientals for Urban Development (OUD)…
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Emaar Properties boss Mohamed Alabbar is looking to acquire a hotel in Cairo
** #2 INVESTMENT WATCH- Emaar Properties boss Mohamed Alabbar is looking to acquire a hotel in Cairo amid plans to…
Egypt’s real estate, construction and hospitality sectors won attention of foreign investors in 2017
** #2 2017 wasn’t a great year for foreign investment in Egypt, but real estate, hospitality and construction were winners…
Arabia Holding to invest EGP 1.5 bn in Galleria and Sun Capital in 2019
Real estate developer Arabia Holding is planning to invest EGP 1.5 bn in its flagship projects Galleria and Sun Capital…
Egypt real estate giants SODIC, MNHD release operational updates as they push ahead with merger
** #3 M&A WATCH- Real estate giants SODIC and MNHD release operational updates. The two players in what we believe…
Egyptian House of Representatives to debate tinkering with Investment Act, proposal to regulate ad industry loses steam, real estate developers could get state-sanctioned federation
** #7 LEGISLATION WATCH- Is the House looking to amend the Investment Act amid falling FDI? Worried about declining foreign…
Local developers to work alongside CSCEC in new capital business district
Three local companies — Redcon Construction, El Nasr General Contracting, and Dorra Real Estate Development Group — are close to…
PHD, NUCA sign EGP 150 bn agreement to co-develop project in 6 October
Palm Hills Developments (PHD) signed yesterday a EGP 150 bn agreement with the New Urban Communities Authority (NUCA) to co-develop…
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