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Palm Hills to borrow EGP 2.5 bn for New Cairo project
A Palm Hills Development (PHD) subsidiary will borrow EGP 2.5 bn from Banque Misr and the National Bank of Egypt…
Ezdehar’s second fund to reach USD 100 mn first close in November
Private equity outfit Ezdehar expects to reach first close on its second fund by November, founder and Managing Director Emad…
Real estate firms could soon face closer regulatory scrutiny
Real estate companies could face closer regulatory scrutiny under proposals designed to mitigate risk in the sector, a senior Housing…
The Big Tech Pacman goes woka woka woka
Big tech companies are eliminating competition by buying out their smaller rivals faster than ever, the Financial Times reported, citing…
THIS MORNING: EGP EKH shares hit the EGX; Property IDs coming later this year; El Sisi to address UN tomorrow?
Good morning, ladies and gents— Before we get down to business, a reminder: EGP-denominated shares in Egypt-Kuwait Holding (EKH) began…
Aldar, ADQ launch bid for SODIC
The UAE’s Aldar Properties and sovereign wealth fund ADQ has submitted a mandatory tender offer for up to 90% of…
Will Kate Winslet grab an Emmy for this show + Read the final installment of Deborah Levy’s “living autobiography.”
? ON THE TUBE TONIGHT- (all times CLT) It’s a big day for iSheep: Apple is holding a virtual event…
Edita rolls out e-invoicing system + Vodafone wants to use TE network
Snackfood maker Edita has fully rolled out its e-invoicing system, coming in compliance with the Tax Authority’s requirement that all…
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