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Orascom Real Estate lands EGP 6 bn to finance O West construction
A portion of the loan will be used to refinance a EGP 1.5 bn bridge facility
NSPO to spin out new A1 brand of filling stations. PLUS: News from EKH, Accor, New Alamein, and more
Samsung, GASCO, EgyptSat Auto, and Fayoum Company for Storage all receive golden licenses
SODIC + Mashreq earnings jump in 9M 2023
Real estate developer SODIC’s net income rose 26% y-o-y to EGP 548 mn in 9M 2023, it said in a…
Fears of devaluation drove Cairo real estate prices up in 3Q 2023 -JLL
Many are deciding to invest in real estate to hedge against a volatile EGP
Country Garden USD bond default marks milepost in China’s real estate crisis
It’s bad news for China’s property market, which accounts for 20% of GDP
Emaar eyeing up state-owned New Alamein towers. Plus: PFI-owned Red Sea global looks toward Egypt
The Emaar chairman stated that the company is committed to making further investments in the country
A new EGX trading system, real estate exchange incoming for 2024
Efforts to boost short selling are also in the works
Beltone, Al Ahly Sabbour sign leasing transaction worth EGP 1.2 bn
Beltone x Al Ahly Sabbour:Beltone’s Financial’s leasing subsidiary has signed a sale and leaseback agreement worth EGP 1.2 bn with…
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