The issuance is backed by a receivables portfolio originated by two of Misr Italia Holding’s subsidiaries.
The company achieves up to EGP 3 bn in indirect sales in 2022 and enters into partnerships with more than 200 developers in various fields including residential, administrative, commercial, entertainment, and tourism, Abdel Hakeim, adds.
Earnings before interest, taxes, depreciation and amortization (EBITDA) jumped threefold to more than EGP 1 bn in 2022 from EGP 372 mn in 2021.
The company plans to complete the construction works of the entire project with the highest quality standards by the end of 2023.
Prices fall MoM in 68 cities in December, up from 57 cities in November.
The listing is expected to occur in the first quarter of 2023 after the completion of a private placement.
Prices in Palm Jumeirah soar 59% while prices in the Trade Center First skyrocket 210%.
The group seeks to increase its clients base by providing services that achieve comfort and luxury standards for guests staying in their units, also providing international standards of hospitality services for comfort and luxury stays that meets with "Prime Hospitality" brand image and identity.
The Real Estate 360 analyzes the performance of the Egyptian real estate market, producing a comprehensive report on sales and marketing.
Nour receives two gold medals in the Egypt Badminton Championship Under 13. She represents Egypt in the coming Africa Badminton Championship.
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