Latest Business News
Madaar Development targets EGP 1.8bn in sales during 2016
Ongoing negotiations with CIB and other private bank to develop company’s real…
Electricity Ministry to sign $2.2bn wind farm deal with Vestas in May
Six banks to finance the project, including HSBC and Euler Hermes
SODIC liquidity is EGP 2bn, EGP 700 allotted for acquiring new lands
Company’s total debts to NUCA for 2016 reached EGP 360m
Saudi King’s visit presages stronger Egyptian-Saudi economic ties
The volume of trade exchanged between Saudi Arabia, Egypt in 2015 amounted…
Toward decentralisation: Palm Hills looks to government to initiate move beyond Cairo’s bounds
Palm Hills will deliver 1,800 housing units during the current year
Real estate market in Abu Dhabi takes nosedive
Wrapping up the real estate market in 2015, the JLL report said…
Talaat Moustafa maintains top position in land portfolio ranking at 43.2m sqm
Almost all the rest of Talaat Moustafa’s land portfolio is acquired by…
PACT has pumped EGP 325m into its White Bay project so far: company president
In negotiations with banks to offer financing, expect to settle within five…
UAE real estate firms shift focus to Egypt
Abu Dhabi-based Capital Group Properties (CGP) has implemented several large-scale projects in…
Investors bet on volatility, fears grow
Fears of stocks tumbling are making investors so desperate that they are…
