{"id":553521,"date":"2021-12-07T03:59:39","date_gmt":"2021-12-07T03:59:39","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/07\/us-consortium-gets-egp-3-5-bn-mogamma-revamp-contract\/"},"modified":"2021-12-07T03:59:39","modified_gmt":"2021-12-07T03:59:39","slug":"us-consortium-gets-egp-3-5-bn-mogamma-revamp-contract","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/07\/us-consortium-gets-egp-3-5-bn-mogamma-revamp-contract\/","title":{"rendered":"US consortium gets EGP 3.5 bn Mogamma revamp contract"},"content":{"rendered":"

<\/a> US-led consortium tapped for Mogamma overhaul<\/strong>:<\/strong> A consortium of US-based Global<\/a>Ventures<\/a> and Oxford Capital<\/a> together with the UAE\u2019s Al Otaiba Investment<\/a> signed yesterday a EGP 3.5 bn (c.USD 200 mn) contract to redevelop Tahrir Square\u2019s Mogamma yesterday with the Sovereign Fund of Egypt (SFE) and the Planning Ministry, the Madbouly cabinet said in a statement<\/a>. The consortium had put forth the best technical and financial offer in the tender to revamp the Mogamma, and has prior experience with renovating historic buildings in the US and Europe, cabinet said. (Global Ventures is of zero relation to the high-profile venture capital outfit<\/a> of the same name.)<\/p>\n

The group will develop and manage the complex that was previously the physical home and literal embodiment of Egypt\u2019s state bureaucracy.<\/strong> The contract sets up a partnership between the consortium and the SFE and will see the consortium manage the development of the complex and operate it once complete, the group said<\/a>(pdf)<\/a>. The iconic downtown Cairo building is set to be transformed into a multi-purpose attraction with an apartment hotel as well as commercial and office spaces.<\/p>\n

Where\u2019s the financing coming from? <\/strong>The announcement was silent on how the Global Ventures-Oxford-Otaiba group plans to finance what it said will be an investment \u201cin excess of USD 200 mn\u201d in the project.<\/p>\n

The process is expected to wrap within 24 months of the development work actually beginning<\/strong>, Planning Minister Hala El Said told Kelma Akhira\u2019s Lamees El Hadidi (watch, runtime: 19:44<\/a>), confirming the timeline previously laid out<\/a> by SFE CEO Ayman Soliman.<\/p>\n

Weren\u2019t we about to choose Arab partners for the gig?<\/strong> The government had been looking at four shortlisted bids submitted by consortiums of local and Arab companies as of September, Planning Minister Hala El Said had said at the time<\/a>. Since then, the decision \u2014 which was initially meant to be announced that month \u2014 was delayed a handful of times<\/a>.<\/p>\n

Advisors:<\/strong> Alliance Law Firm acted provided legal advice to the US consortium while Adsero - Ragy Soliman & Partners acted as counsel to the SFE. Colliers International conducted the market study to help advise the decision.<\/p>\n

ALSO COMING UP- The redevelopment of Mubarak HQ: <\/strong>Five different consortiums want to get involved in the redevelopment of the site of the former National Democratic Party headquarters<\/a>, which will likely become home to a hotel, commercial, and residential project overlooking the Nile, Soliman said at the signing ceremony yesterday, according to Bloomberg Asharq<\/a>. The tender for the project will be issued \u201cwithin weeks,\u201d likely after the end of the winter holiday season, El Said told El Hekaya\u2019s Amr Adib (watch, runtime: 1:31<\/a>). The SFE also plans to launch a tender to repurpose the Interior Ministry building in downtown, which could be used as a campus for an unspecified French postgraduate university, alongside a startup incubator, according to the minister.<\/p>\n","protected":false},"excerpt":{"rendered":"

US-led consortium tapped for Mogamma overhaul: A consortium of US-based GlobalVentures and Oxford Capital together with the UAE\u2019s Al Otaiba Investment signed yesterday a EGP 3.5 bn (c.USD 200 mn) contract to redevelop Tahrir Square\u2019s Mogamma yesterday with the Sovereign Fund of Egypt (SFE) and the Planning Ministry, the Madbouly cabinet said in a statement. […]<\/p>\n","protected":false},"author":1,"featured_media":553522,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7371],"tags":[369,72,700,727,125,2239,678,83,370],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-553521","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-real-estate","tag-ayman-soliman","tag-enterpriseam","tag-global-ventures","tag-hala-el-said","tag-investment-watch","tag-mogamma-el-tahrir","tag-planning-ministry","tag-real-estate","tag-sovereign-fund-of-egypt","wpautop","entry"],"acf":{"mongo_id":"ec6542ef-2669-479e-800f-97fc8d864564","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2021\/12\/242.jpg","photo_position":"above","related_issue":[553515],"teaser":"","voice_url":""},"yoast_head":"\nUS consortium gets EGP 3.5 bn Mogamma revamp contract - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2021\/12\/07\/us-consortium-gets-egp-3-5-bn-mogamma-revamp-contract\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"US consortium gets EGP 3.5 bn Mogamma revamp contract\" \/>\n<meta property=\"og:description\" content=\"US-led consortium tapped for Mogamma overhaul: A consortium of US-based GlobalVentures and Oxford Capital together with the UAE\u2019s Al Otaiba Investment signed yesterday a EGP 3.5 bn (c.USD 200 mn) contract to redevelop Tahrir Square\u2019s Mogamma yesterday with the Sovereign Fund of Egypt (SFE) and the Planning Ministry, the Madbouly cabinet said in a statement. […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2021\/12\/07\/us-consortium-gets-egp-3-5-bn-mogamma-revamp-contract\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2021-12-07T03:59:39+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2021\/12\/242.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/12\/07\/us-consortium-gets-egp-3-5-bn-mogamma-revamp-contract\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/12\/07\/us-consortium-gets-egp-3-5-bn-mogamma-revamp-contract\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"US consortium gets EGP 3.5 bn Mogamma revamp contract\",\"datePublished\":\"2021-12-07T03:59:39+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/12\/07\/us-consortium-gets-egp-3-5-bn-mogamma-revamp-contract\/\"},\"wordCount\":481,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/12\/07\/us-consortium-gets-egp-3-5-bn-mogamma-revamp-contract\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2021\/12\/242.jpg?fit=%2C&ssl=1\",\"keywords\":[\"Ayman Soliman\",\"EnterpriseAM\",\"Global Ventures\",\"Hala El Said\",\"investment watch\",\"Mogamma El Tahrir\",\"Planning Ministry\",\"real estate\",\"Sovereign Fund of Egypt\"],\"articleSection\":[\"Real estate\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/12\/07\/us-consortium-gets-egp-3-5-bn-mogamma-revamp-contract\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2021\/12\/07\/us-consortium-gets-egp-3-5-bn-mogamma-revamp-contract\/\",\"name\":\"US consortium gets EGP 3.5 bn Mogamma revamp contract - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/12\/07\/us-consortium-gets-egp-3-5-bn-mogamma-revamp-contract\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/12\/07\/us-consortium-gets-egp-3-5-bn-mogamma-revamp-contract\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2021\/12\/242.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2021-12-07T03:59:39+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/12\/07\/us-consortium-gets-egp-3-5-bn-mogamma-revamp-contract\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2021\/12\/07\/us-consortium-gets-egp-3-5-bn-mogamma-revamp-contract\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/12\/07\/us-consortium-gets-egp-3-5-bn-mogamma-revamp-contract\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2021\/12\/242.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2021\/12\/242.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/12\/07\/us-consortium-gets-egp-3-5-bn-mogamma-revamp-contract\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"US consortium gets EGP 3.5 bn Mogamma revamp contract\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"US consortium gets EGP 3.5 bn Mogamma revamp contract - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/07\/us-consortium-gets-egp-3-5-bn-mogamma-revamp-contract\/","og_locale":"en_US","og_type":"article","og_title":"US consortium gets EGP 3.5 bn Mogamma revamp contract","og_description":"US-led consortium tapped for Mogamma overhaul: A consortium of US-based GlobalVentures and Oxford Capital together with the UAE\u2019s Al Otaiba Investment signed yesterday a EGP 3.5 bn (c.USD 200 mn) contract to redevelop Tahrir Square\u2019s Mogamma yesterday with the Sovereign Fund of Egypt (SFE) and the Planning Ministry, the Madbouly cabinet said in a statement. […]","og_url":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/07\/us-consortium-gets-egp-3-5-bn-mogamma-revamp-contract\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2021-12-07T03:59:39+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2021\/12\/242.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/07\/us-consortium-gets-egp-3-5-bn-mogamma-revamp-contract\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/07\/us-consortium-gets-egp-3-5-bn-mogamma-revamp-contract\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"US consortium gets EGP 3.5 bn Mogamma revamp contract","datePublished":"2021-12-07T03:59:39+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/07\/us-consortium-gets-egp-3-5-bn-mogamma-revamp-contract\/"},"wordCount":481,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/07\/us-consortium-gets-egp-3-5-bn-mogamma-revamp-contract\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2021\/12\/242.jpg?fit=%2C&ssl=1","keywords":["Ayman Soliman","EnterpriseAM","Global Ventures","Hala El Said","investment watch","Mogamma El Tahrir","Planning Ministry","real estate","Sovereign Fund of Egypt"],"articleSection":["Real estate"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/07\/us-consortium-gets-egp-3-5-bn-mogamma-revamp-contract\/","url":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/07\/us-consortium-gets-egp-3-5-bn-mogamma-revamp-contract\/","name":"US consortium gets EGP 3.5 bn Mogamma revamp contract - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/07\/us-consortium-gets-egp-3-5-bn-mogamma-revamp-contract\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/07\/us-consortium-gets-egp-3-5-bn-mogamma-revamp-contract\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2021\/12\/242.jpg?fit=%2C&ssl=1","datePublished":"2021-12-07T03:59:39+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/07\/us-consortium-gets-egp-3-5-bn-mogamma-revamp-contract\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2021\/12\/07\/us-consortium-gets-egp-3-5-bn-mogamma-revamp-contract\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/07\/us-consortium-gets-egp-3-5-bn-mogamma-revamp-contract\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2021\/12\/242.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2021\/12\/242.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/07\/us-consortium-gets-egp-3-5-bn-mogamma-revamp-contract\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"US consortium gets EGP 3.5 bn Mogamma revamp contract"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2021\/12\/242.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2021\/12\/242.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2021\/12\/242.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":660012,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/02\/05\/marriotts-autograph-collection-hotel-to-take-over-mogamma\/","url_meta":{"origin":553521,"position":0},"title":"Marriott\u2019s Autograph Collection Hotel to take over Mogamma","author":"enterpriseam admin","date":"5 February 2025","format":false,"excerpt":"The 500-key hotel will house guestrooms and services apartments and offer a variety of dining and entertainment options","rel":"","context":"In \"EnterpriseAM\"","block_context":{"text":"EnterpriseAM","link":"https:\/\/enterpriseam.com\/egypt\/tag\/enterpriseam\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/2\/400.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":548520,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/08\/11\/the-mogamma-will-become-the-cairo-house-hotel-by-the-end-of-2024\/","url_meta":{"origin":553521,"position":1},"title":"The Mogamma will become the Cairo House Hotel by the end of 2024","author":"enterpriseam admin","date":"11 August 2022","format":false,"excerpt":"The Mogamma\u2019s face-lift could be finished in 2024: The consortium of investors redeveloping the Mogamma into a hotel will finish construction by the end of 2024, Bloomberg Asharq reported Tuesday. This came from Randall Langer, chairman of MENA-focused US investment firm Global Ventures, who together with Oxford Capital and the\u2026","rel":"","context":"In "Investment Watch"","block_context":{"text":"Investment Watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/investment-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/8\/217.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":579296,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/01\/gasc-launches-its-second-intl-wheat-tender-this-month\/","url_meta":{"origin":553521,"position":2},"title":"GASC launches its second int\u2019l wheat tender this month","author":"enterpriseam admin","date":"1 February 2023","format":false,"excerpt":"COMMODITIES-A second World-Bank backed wheat buy: State grain buyer GASC has launched an international tender for 30-60k tons of wheat for delivery in late February or March, according to its website. Traders need to submit their bids directly to GASC by midday tomorrow. This is GASC\u2019s second grain tender this\u2026","rel":"","context":"In "Also on our Radar"","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/2\/11.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":561253,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/31\/sfe-to-set-up-an-entity-for-its-real-estate-assets-with-an-eye-to-ipo\/","url_meta":{"origin":553521,"position":3},"title":"SFE to set up an entity for its real estate assets, with an eye to IPO","author":"enterpriseam admin","date":"31 March 2021","format":false,"excerpt":"The Sovereign Fund of Egypt (SFE) could roll its real estate assets into a new entity that it will eventually IPO on the EGX, SFE CEO Ayman Soliman tells Al Mal. The fund will set up a company or a real estate investment trust (REIT) to consolidate the assets into\u2026","rel":"","context":"In "Privatization"","block_context":{"text":"Privatization","link":"https:\/\/enterpriseam.com\/egypt\/category\/business\/privatization-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/3\/367.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":565464,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/04\/11\/mogamma-building-overhaul-to-be-completed-asap\/","url_meta":{"origin":553521,"position":4},"title":"Mogamma building overhaul to be completed ASAP","author":"enterpriseam admin","date":"11 April 2021","format":false,"excerpt":"And speaking of the SFE, the fund is expected to reach an agreement with a private sector partner to repurpose the Mogamma Tahrir building by 3Q2021, Planning Minister and SFE Chairperson Hala El Said said in a statement (pdf). A timeline to move forward with the project \u2014 which will\u2026","rel":"","context":"In "SPEED ROUND: INVESTMENT WATCH"","block_context":{"text":"SPEED ROUND: INVESTMENT WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round-investment-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/4\/385.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":553533,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/07\/last-nights-talk-shows-mogamma-overhaul-in-the-spotlight-theres-a-storm-brewin\/","url_meta":{"origin":553521,"position":5},"title":"Last Night\u2019s Talk Shows: Mogamma overhaul in the spotlight + there\u2019s a storm brewin\u2019","author":"enterpriseam admin","date":"7 December 2021","format":false,"excerpt":"Mogamma overhaul gets star treatment: The Sovereign Fund of Egypt signing contracts with a US consortium to develop and manage downtown Cairo\u2019s Mogamma complex was at the top of the talking heads\u2019 agendas last night, with coverage from El Hekaya\u2019s Amr Adib (watch, runtime: 4:47), Ala Mas\u2019ouleety\u2019s Ahmed Moussa (watch,\u2026","rel":"","context":"In "LAST NIGHT\u2019S TALK SHOWS"","block_context":{"text":"LAST NIGHT\u2019S TALK SHOWS","link":"https:\/\/enterpriseam.com\/egypt\/category\/last-nights-talk-shows\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/553521","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=553521"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/553521\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/553515"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/553522"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=553521"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=553521"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=553521"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=553521"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=553521"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}