{"id":569414,"date":"2020-02-24T04:43:34","date_gmt":"2020-02-24T04:43:34","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/24\/beltone-emirates-nbd-tapped-to-manage-hhd-secondary-offering\/"},"modified":"2020-02-24T04:43:34","modified_gmt":"2020-02-24T04:43:34","slug":"beltone-emirates-nbd-tapped-to-manage-hhd-secondary-offering","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/24\/beltone-emirates-nbd-tapped-to-manage-hhd-secondary-offering\/","title":{"rendered":"Beltone, Emirates NBD tapped to manage HHD secondary offering"},"content":{"rendered":"

<\/a> Beltone, Emirates NBD tapped to manage HHD secondary offering:<\/strong> Beltone Financial and Emirates NBD have reportedly been selected to manage the sale of a 25% stake in Heliopolis Housing & Development (HHD), Al Mal reports<\/a>, citing unnamed sources close to the banks. The secondary offering<\/a> will include allocating a 10% stake and management rights to a strategic private investor, while the remaining 15% stake will be sold on the EGX as part of the state privatization program.<\/p>\n

Meanwhile, the deadline for companies to submit their bids for the 10% stake + management rights contract was yesterday.<\/strong> SODIC, BPE Partners, Palm Hills, and Saudi\u2019s Dar Al Arkan are expected to have submitted bids<\/a>. The company had requested that all companies submit their bids all on the same day to avoid leaks that could sway the company\u2019s decision. HHD had said it would open all the submitted envelopes on the same day. Other companies that had shown interest<\/a> include EFG Hermes, Emaar Misr, and Orascom Development Egypt (ODE), and Orascom Development.<\/p>\n

Background:<\/strong> HHD had extended to February the deadline<\/a> for investors to submit their bids, and had previously said<\/a> it will take its secondary offering to market before May 2020. It also revealed some minor additional information<\/a> regarding the naming of the chairman and managing director, as well as how many feddans it plans to sell in New Heliopolis.<\/p>\n","protected":false},"excerpt":{"rendered":"

Beltone, Emirates NBD tapped to manage HHD secondary offering: Beltone Financial and Emirates NBD have reportedly been selected to manage the sale of a 25% stake in Heliopolis Housing & Development (HHD), Al Mal reports, citing unnamed sources close to the banks. The secondary offering will include allocating a 10% stake and management rights to […]<\/p>\n","protected":false},"author":1,"featured_media":569415,"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":[8572],"tags":[10277,812,2515,84,1527,1060,72,4646,153,256,354,312,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-569414","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-speed-round","tag-arkan","tag-beltone-financial","tag-bpe-partners","tag-efg-hermes","tag-emaar-misr","tag-emirates-nbd","tag-enterpriseam","tag-hany-el-deeb","tag-hisham-tawfik","tag-orascom-development-egypt","tag-palm-hills-developments","tag-sodic","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"fa355d3d-b6fd-403b-8690-4a4b903e5aa2","is_powered_by":true,"section_story_id":"ffa4dfcf-1155-4725-8c1c-c8eaf44cd354","story_type":"1","photo_url":"https:\/\/ent.news\/2020\/2\/296.jpg","photo_position":"above","related_issue":[569405],"teaser":"","voice_url":""},"yoast_head":"\nBeltone, Emirates NBD tapped to manage HHD secondary offering - 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\/2020\/02\/24\/beltone-emirates-nbd-tapped-to-manage-hhd-secondary-offering\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Beltone, Emirates NBD tapped to manage HHD secondary offering\" \/>\n<meta property=\"og:description\" content=\"Beltone, Emirates NBD tapped to manage HHD secondary offering: Beltone Financial and Emirates NBD have reportedly been selected to manage the sale of a 25% stake in Heliopolis Housing & Development (HHD), Al Mal reports, citing unnamed sources close to the banks. The secondary offering will include allocating a 10% stake and management rights to […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2020\/02\/24\/beltone-emirates-nbd-tapped-to-manage-hhd-secondary-offering\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2020-02-24T04:43:34+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2020\/2\/296.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=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/02\/24\/beltone-emirates-nbd-tapped-to-manage-hhd-secondary-offering\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/02\/24\/beltone-emirates-nbd-tapped-to-manage-hhd-secondary-offering\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Beltone, Emirates NBD tapped to manage HHD secondary offering\",\"datePublished\":\"2020-02-24T04:43:34+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/02\/24\/beltone-emirates-nbd-tapped-to-manage-hhd-secondary-offering\/\"},\"wordCount\":231,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/02\/24\/beltone-emirates-nbd-tapped-to-manage-hhd-secondary-offering\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2020\/2\/296.jpg?fit=%2C&ssl=1\",\"keywords\":[\"Arkan\",\"Beltone Financial\",\"BPE Partners\",\"EFG Hermes\",\"Emaar Misr\",\"Emirates NBD\",\"EnterpriseAM\",\"Hany El Deeb\",\"Hisham Tawfik\",\"Orascom Development Egypt\",\"Palm Hills Developments\",\"SODIC\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/02\/24\/beltone-emirates-nbd-tapped-to-manage-hhd-secondary-offering\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2020\/02\/24\/beltone-emirates-nbd-tapped-to-manage-hhd-secondary-offering\/\",\"name\":\"Beltone, Emirates NBD tapped to manage HHD secondary offering - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/02\/24\/beltone-emirates-nbd-tapped-to-manage-hhd-secondary-offering\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/02\/24\/beltone-emirates-nbd-tapped-to-manage-hhd-secondary-offering\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2020\/2\/296.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2020-02-24T04:43:34+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/02\/24\/beltone-emirates-nbd-tapped-to-manage-hhd-secondary-offering\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2020\/02\/24\/beltone-emirates-nbd-tapped-to-manage-hhd-secondary-offering\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/02\/24\/beltone-emirates-nbd-tapped-to-manage-hhd-secondary-offering\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2020\/2\/296.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2020\/2\/296.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/02\/24\/beltone-emirates-nbd-tapped-to-manage-hhd-secondary-offering\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Beltone, Emirates NBD tapped to manage HHD secondary offering\"}]},{\"@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":"Beltone, Emirates NBD tapped to manage HHD secondary offering - 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\/2020\/02\/24\/beltone-emirates-nbd-tapped-to-manage-hhd-secondary-offering\/","og_locale":"en_US","og_type":"article","og_title":"Beltone, Emirates NBD tapped to manage HHD secondary offering","og_description":"Beltone, Emirates NBD tapped to manage HHD secondary offering: Beltone Financial and Emirates NBD have reportedly been selected to manage the sale of a 25% stake in Heliopolis Housing & Development (HHD), Al Mal reports, citing unnamed sources close to the banks. The secondary offering will include allocating a 10% stake and management rights to […]","og_url":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/24\/beltone-emirates-nbd-tapped-to-manage-hhd-secondary-offering\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2020-02-24T04:43:34+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2020\/2\/296.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":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/24\/beltone-emirates-nbd-tapped-to-manage-hhd-secondary-offering\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/24\/beltone-emirates-nbd-tapped-to-manage-hhd-secondary-offering\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Beltone, Emirates NBD tapped to manage HHD secondary offering","datePublished":"2020-02-24T04:43:34+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/24\/beltone-emirates-nbd-tapped-to-manage-hhd-secondary-offering\/"},"wordCount":231,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/24\/beltone-emirates-nbd-tapped-to-manage-hhd-secondary-offering\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2020\/2\/296.jpg?fit=%2C&ssl=1","keywords":["Arkan","Beltone Financial","BPE Partners","EFG Hermes","Emaar Misr","Emirates NBD","EnterpriseAM","Hany El Deeb","Hisham Tawfik","Orascom Development Egypt","Palm Hills Developments","SODIC","SPEED ROUND"],"articleSection":["Speed Round"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/24\/beltone-emirates-nbd-tapped-to-manage-hhd-secondary-offering\/","url":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/24\/beltone-emirates-nbd-tapped-to-manage-hhd-secondary-offering\/","name":"Beltone, Emirates NBD tapped to manage HHD secondary offering - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/24\/beltone-emirates-nbd-tapped-to-manage-hhd-secondary-offering\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/24\/beltone-emirates-nbd-tapped-to-manage-hhd-secondary-offering\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2020\/2\/296.jpg?fit=%2C&ssl=1","datePublished":"2020-02-24T04:43:34+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/24\/beltone-emirates-nbd-tapped-to-manage-hhd-secondary-offering\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2020\/02\/24\/beltone-emirates-nbd-tapped-to-manage-hhd-secondary-offering\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/24\/beltone-emirates-nbd-tapped-to-manage-hhd-secondary-offering\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2020\/2\/296.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2020\/2\/296.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/24\/beltone-emirates-nbd-tapped-to-manage-hhd-secondary-offering\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Beltone, Emirates NBD tapped to manage HHD secondary offering"}]},{"@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\/2020\/2\/296.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2020\/2\/296.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\/2020\/2\/296.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":591941,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/22\/arkan-developers-joins-hhd-stake-sale-race\/","url_meta":{"origin":569414,"position":0},"title":"Arkan Developers joins HHD stake sale race","author":"enterpriseam admin","date":"22 December 2019","format":false,"excerpt":"Arkan Developers joins HHD stake sale race: Arkan Developers has joined the list of companies competing to acquire management rights for Heliopolis Housing & Development (HHD) along with a 10% stake in the company, sources told the local press. Arkan joins Palm Hills, SODIC, and BPE Partners in the competition,\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":592106,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/26\/hhd-secondary-offering-to-be-completed-before-may-2020\/","url_meta":{"origin":569414,"position":1},"title":"HHD secondary offering to be completed before May 2020","author":"enterpriseam admin","date":"26 December 2019","format":false,"excerpt":"PRIVATIZATION WATCH- HHD secondary offering to be completed before May 2020: Heliopolis Housing & Development (HHD) will take its secondary stake sale to market before May 2020, at which time it will have handed over the 10% stake + management rights of the company to a strategic investor, the local\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/2\/329.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":569237,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/18\/four-candidates-will-bid-for-hhd-10-stake-management-rights-on-23-february\/","url_meta":{"origin":569414,"position":2},"title":"Four candidates will bid for HHD 10% stake + management rights on 23 February","author":"enterpriseam admin","date":"18 February 2020","format":false,"excerpt":"EXCLUSIVE- Four companies expected bid for HHD 10% stake + management rights on 23 February: SODIC, BPE Partners, Palm Hills, and the Saudi Dar Al Arkan will all submit bids for the contract to take over the management of Heliopolis Housing and Development (HHD) and acquire a 10% stake in\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/2\/236.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":570602,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/04\/07\/hhds-board-resigns-after-stake-sale-finds-no-buyers\/","url_meta":{"origin":569414,"position":3},"title":"HHD\u2019s board resigns after stake sale finds no buyers","author":"enterpriseam admin","date":"7 April 2020","format":false,"excerpt":"HHD\u2019s board resigns after stake sale finds no buyers: State-owned Heliopolis for Housing and Development\u2019s (HHD) chairman and board of directors have submitted their resignations to parent company Holding Company for Construction and Development (HCCD) after failing to secure offers for its tender for a 10% stake + management rights\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/4\/63.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":591494,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/08\/palm-hills-joins-the-race-for-hhd-10-stake-management-contract\/","url_meta":{"origin":569414,"position":4},"title":"Palm Hills joins the race for HHD 10% stake + management contract","author":"enterpriseam admin","date":"8 December 2019","format":false,"excerpt":"Palm Hills Developments has joined the list of companies competing to snag management rights for Heliopolis Housing & Development (HHD) along with a 10% stake in the company, sources told the local press. The real estate developer purchased the prospectus that went on salelast month, according to the sources. SODIC\u2026","rel":"","context":"In "Other Business News of Note"","block_context":{"text":"Other Business News of Note","link":"https:\/\/enterpriseam.com\/egypt\/category\/other-business-news-of-note\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":567245,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/01\/16\/deadline-for-hhd-10-stake-management-contract-bids-extended-until-february\/","url_meta":{"origin":569414,"position":5},"title":"Deadline for HHD 10% stake + management contract bids extended until February","author":"enterpriseam admin","date":"16 January 2020","format":false,"excerpt":"PRIVATIZATION WATCH- Deadline to bid for 10% stake in HHD with management rights extended until February: Heliopolis Housing & Development (HHD) has extended to 21 February the deadline for investors to submit their bids for a contract to take over the company\u2019s management along with a 10% stake in the\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"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\/569414","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=569414"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/569414\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/569405"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/569415"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=569414"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=569414"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=569414"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=569414"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=569414"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}