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Evergrow to receive loan to restructure debts + Arkan Palm gets EGP 1.5 bn for Sheikh Zayed development
Evergrow is getting a loan to restructure its debts: A consortium of 12 banks led by Mashreq Bank and the…
CIB to offer mortgage finance for SODIC units
CIB will now offer financing options with up to 20-year terms to home buyers purchasing property at SODIC-owned real estate…
Target trims stake in Real Estate Egyptian Consortium
Target Real Estate Investment has reduced its stake in EGX-listed Real EstateEgyptian Consortium from 13.2% to 11.5%, selling nearly 6.8…
SODIC acquires new Zayed plot for EGP 1.24 bn
Upmarket real estate developer SODIC will purchase a 123-acre plot in Sheikh Zayed City for EGP 1.24 bn, the company…
My Morning Routine: Ramy Khorshed, co-founder and CEO of Sakneen
Ramy Khorshed, co-founder and CEO of Sakneen: Each week, My Morning Routine looks at how a successful member of the…
SODIC prepares to restart sales, collections on 500-acre West Cairo plot
SODIC is looking forward to the “imminent” resumption of sales and collections on a 500-acre plot in West Cairo’s New…
Earnings: Heliopolis Housing, Housing and Development Bank + MB Engineering
Minapharm Pharma bottomline more than doubled during 2Q2021, recording EGP 130.5 mn compared to EGP 48.2 mn last year, according…
Misr Travel, Structure Line reach EGP 500 mn settlement
Misr Travel ends its dispute with Structure Line: Saudi Structure Line Development has agreed to pay an EGP 500 mn…
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