{"id":560483,"date":"2021-03-01T04:16:17","date_gmt":"2021-03-01T04:16:17","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/01\/also-on-our-radar-on-1-february-2021\/"},"modified":"2021-03-01T04:16:17","modified_gmt":"2021-03-01T04:16:17","slug":"also-on-our-radar-on-1-february-2021","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/01\/also-on-our-radar-on-1-february-2021\/","title":{"rendered":"Also on our radar on 1 February 2021"},"content":{"rendered":"<p><strong>Porto Group is setting up a still-unnamed business development entity with Prime Group and UAE-based seafood provider Asmak<\/strong> after Porto\u2019s board approved the partnership agreement on Thursday, the company said in <a href=\"https:\/\/ent.news\/2021\/2\/Porto-Group-filing.pdf\">an EGX filing (pdf)<\/a>. The new JV\u2019s activities will include development and management of projects in various fields including real estate, Porto\u2019s Investor Relations Director Ahmed Khalil told us. More details about the company, including its name, capital and shareholding structure will be announced within three months.<\/p>\n<p><strong>Other things we\u2019re keeping an eye on this morning:<\/strong><\/p>\n<ul>\n<li><strong>Mubasher Capital Holding for Financial Investments<\/strong> is now<a href=\"https:\/\/www.egx.com.eg\/ar\/NewsDetails.aspx?NewsID=207344\">registered at the<\/a><a href=\"https:\/\/www.egx.com.eg\/ar\/NewsDetails.aspx?NewsID=207344\"><\/a><a href=\"https:\/\/www.egx.com.eg\/ar\/NewsDetails.aspx?NewsID=207344\">Egyptian Exchange<\/a> as a custodian.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Porto Group is setting up a still-unnamed business development entity with Prime Group and UAE-based seafood provider Asmak after Porto\u2019s board approved the partnership agreement on Thursday, the company said in an EGX filing (pdf). The new JV\u2019s activities will include development and management of projects in various fields including real estate, Porto\u2019s Investor Relations [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"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":[7209],"tags":[111,72,916,180,669,3718,83],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-560483","post","type-post","status-publish","format-standard","hentry","category-also-on-our-radar","tag-also-on-our-radar","tag-enterpriseam","tag-federation-of-egyptian-industries","tag-legislation","tag-porto-group","tag-prime-group","tag-real-estate","wpautop","entry"],"acf":{"mongo_id":"126a4eb8-07ac-4b00-9f0d-d0c0c5078d48","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[560460],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Also on our radar on 1 February 2021 - 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\/03\/01\/also-on-our-radar-on-1-february-2021\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Also on our radar on 1 February 2021\" \/>\n<meta property=\"og:description\" content=\"Porto Group is setting up a still-unnamed business development entity with Prime Group and UAE-based seafood provider Asmak after Porto\u2019s board approved the partnership agreement on Thursday, the company said in an EGX filing (pdf). The new JV\u2019s activities will include development and management of projects in various fields including real estate, Porto\u2019s Investor Relations [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/01\/also-on-our-radar-on-1-february-2021\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2021-03-01T04:16:17+00:00\" \/>\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=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/01\/also-on-our-radar-on-1-february-2021\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/01\/also-on-our-radar-on-1-february-2021\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Also on our radar on 1 February 2021\",\"datePublished\":\"2021-03-01T04:16:17+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/01\/also-on-our-radar-on-1-february-2021\/\"},\"wordCount\":112,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"ALSO ON OUR RADAR\",\"EnterpriseAM\",\"Federation of Egyptian Industries\",\"legislation\",\"Porto Group\",\"Prime Group\",\"real estate\"],\"articleSection\":[\"Also on our Radar\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/01\/also-on-our-radar-on-1-february-2021\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/01\/also-on-our-radar-on-1-february-2021\/\",\"name\":\"Also on our radar on 1 February 2021 - 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The EGP 4.5 bn development will include 1.9k residential and hotel apartments and 525\u2026","rel":"","context":"In &quot;Real Estate + Housing&quot;","block_context":{"text":"Real Estate + Housing","link":"https:\/\/enterpriseam.com\/egypt\/category\/real-estate-housing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":594429,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/29\/porto-heliopolis-construction-suspended-on-traffic-concerns\/","url_meta":{"origin":560483,"position":2},"title":"Porto Heliopolis construction suspended on traffic concerns","author":"enterpriseam admin","date":"29 October 2019","format":false,"excerpt":"Amer Group Holding has suspended construction of its Porto Heliopolis project following an order from a \"competent authority\" to put the project on hold until it reviews traffic studies for the area, Amer Group said in an EGX disclosure (pdf). The company says it already submitted these studies prior to\u2026","rel":"","context":"In &quot;Real Estate + Housing&quot;","block_context":{"text":"Real Estate + Housing","link":"https:\/\/enterpriseam.com\/egypt\/category\/real-estate-housing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":621668,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/14\/porto-group-el-mostakbal-to-invest-egp-11-9-bn-to-co-develop-porto-city\/","url_meta":{"origin":560483,"position":3},"title":"Porto Group, El Mostakbal to invest EGP 11.9 bn to co-develop Porto City","author":"enterpriseam admin","date":"14 November 2018","format":false,"excerpt":"Porto Group and El Mostakbal will invest EGP 11.9 bn to co-develop Porto City, for which the two companies signed an agreement earlier this month, according to local press reports.","rel":"","context":"In &quot;Real Estate + Housing&quot;","block_context":{"text":"Real Estate + Housing","link":"https:\/\/enterpriseam.com\/egypt\/category\/real-estate-housing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":621369,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/06\/porto-group-signs-agreement-to-co-develop-porto-city-with-el-mostakbal\/","url_meta":{"origin":560483,"position":4},"title":"Porto Group signs agreement to co-develop Porto City with El Mostakbal","author":"enterpriseam admin","date":"6 November 2018","format":false,"excerpt":"Porto Group has signed an agreement with El Mostakbal for Urban Development to co-develop a mixed-use project, Porto City, in Mostakbal City. 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