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Logistics (MENA) 
Aldar net income up 52% y-o-y in 2Q 2023
The company reported record quarterly sales for the second time in 2023
SODIC + Mashreq earnings more than double in 2Q 2023
SODIC’s bottomline more than doubles in 2Q 2023: Upmarket real estate deve loper SODI C reported net income of EGP…
Dubai takeover of Pachin is complete. PLUS: A real estate merger in the works?
The Dubai-based company purchased the remaining 20% of Pachin owned by state entities
Taqa Arabia shareholder sells 20% stake. PLUS: Beltone’s SODIC office building buy, Qalaa to study green aviation fuel with French firm — and more
The block trade comes three weeks after the company’s shares began trading on the EGX
Palm Hills closes EGP 472.5 mn securitized bond issuance
PHD closes second securitization transaction of 2023: Our friends at real estate developer Palm Hills Developments (PHD) has closed a…
MEDCOM signs EGP 1 bn MoU to develop infrastructure at Madinet Masr’s Taj City. PLUS: New mining exploration tender, Shanghai Shengda
The contractor will develop the water system, lighting, road networks and utilities in several areas of the development
Heliopolis Housing has received an offer for its Heliopark project
The state-owned developer has been on the hunt for a co-developer since ending ties with Mountain View in February
Talaat Moustafa plans EGP 500 mn future flow securitization
This would be the second future flow issuance in Egypt
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