Arab Banking Corporation offers to acquire BLOM Bank – Egypt

ABC wants to buy up to 300 million shares of BLOM Bank at EGP 22.33 per share

Hossam Mounir

40 companies get tender offer prospectus for operating Egypt’s 2 public transport enterprises

Technical bids for each tender to be evaluated separately on 24 and 31 August

Alyaa Stohy

Cairo Capital to launch residential project in New Sheikh Zayed as Lake West extension

Company studies launching new serviced apartments, says Chairperson Yasser Khalaf

Shaimaa Al-Aees

Reportage Properties debuts Montenapoleone project in Mostakbal City

The UAE company, Reportage Properties, intends to launch its Montenapoleone real estate project in Mostakbal City, east Cairo, in partnership with Al Ahly – Sabbour Developments in the coming period.…

Daily News Egypt

Real estate stakeholders discuss investor challenges in New Capital

New Capital project requires more flexibility to support real estate companies as purchasing power declines, says Mohamed Albostany

Shaimaa Al-Aees

Evergrow for speciality fertilisers aims to offer 70% on stock market: Vice Chairperson

Company aims to obtain EGP 600m of credit facilities before 2021 end

Alyaa Stohy

El Mansour Development revamps Sarayat El Kattameya project with EGP 800m investments

El Mansour Development has announced that it has redeveloped the 30-feddan Sarayat El Kattameya project with investments exceeding EGP 800m. Mohamed Mansour, the company's chairperson, said the project is comprised…

Daily News Egypt

Egypt is vitally important for expansion in emerging markets: Citibank

Citi sees Egypt as a very important and critical country among emerging markets, Rizwan Shaikh, Head of the EMEA Emerging Markets Corporate Banking at Citi has told Daily News Egypt.…

Nehal Samir

Egyptian PropTech startup Nawy raises 7-figure investment led by Sawiris Family Office 

The company was founded by: Mohamed Abou Ghanima; Abdel-Azim Osman; Ahmed Rafea; Aly Rafea; and Mostafa El Beltagy, who has since left his role as Vodafone Romania’s CCO to lead…

Shaimaa Raafat

Capriole Group unveils expansion plan at Egypt’s New Capital 

The company has managed to build a strong and distinguished brand outside Egypt, particularly in the UAE, where it executed works worth billions of Dirhams, namely skyscrapers, hotels, plants, and…

Daily News Egypt