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Logistics (MENA) 
Sodic, Ibnsina report higher net incomes, OIH narrows net losses
EARNINGS WATCH- Sodic’s bottom line surged over three-fold in 1Q2021, reaching EGP 100 mn after tax and minority interest, from…
Also on our radar on 30 May 2021
TMG subsidiary the Arab Company for Projects and Urban Development has received a 5k feddan plot of land to build…
CIB, TMG set up real estate SPV for commercial properties
CIB and Talaat Moustafa Group (TMG) established a new real estate SPV, dubbed TCA Properties, during 1Q2021, the bank said…
Fawry sees bottom line surge in 1Q2021
The EGX30 rose 0.75% at today’s close on turnover of EGP 1.29 bn (2.2% above the 90-day average). Foreign investors…
Not a developer? No land for you.
Looking to put up a building in a new city? You’ll need to be a real estate developer to get…
More leasing, please.
GlobalCorp Financial Services is in talks with seven banks to borrow at least EGP 1.4 bn to back its leasing…
Sodic mulls securitized bond sale as Aldar continues DD
Sodic is reportedly planning to go to market with an offering of securitized bonds “in the next few weeks,” Al…
Deadline for compliance with North Coast land regs extended till years end
Real estate developers have until the end of the year to settle their reconciliationfees to regularize the status of their…
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