State-run Madinet Nasr for Housing and Development (MNHD) has approved an EGP 30 mn offer to sell its 98.4%-owned subsidiary, called Nasr Utilities and Installations (NUI), to an unnamed strategic investor.
Madinet Nasr for Housing and Development's (MNHD) board of directors has given Odin Investments approval to commence due diligence on El Nasr Civil Works.
Egypt's Ministry of Housing has agreed to cede control of the Arab Academy for Science and Technology (AAST) branch in New Alamein, including the land and building components.
Chinese hotel operator Huazhu Group has reached an agreement to acquire all shares of German-based hotel group Deutsche Hospitality through the former's wholly-owned subsidiary China Lodging Holding Singapore
State-run Egyptian Media Production City’s (EMPC) board has greenlit talks to acquire a 55.3% stake in Mövenpick Hotel Cairo-Media City of Arabia Investment and Tourist Development, a subsidiary of Arabia Group, f ...
Cairo-based Emaar Misr for Development has denied news regarding negotiations with Madinet Nasr Housing and Development (MNHD) over an acquisition.
Egypt’s Madinet Nasr for Housing and Development (MNHD) has called off a planned merger via a share-swap with the Sixth of October Development and Investment Company (SODIC) due to failure to reach an agreement wi ...
Sixth of October for Development and Investment (SODIC) announced its preliminary intentions to submit a mandatory tender offer to acquire at least 51% stake in Egypt’s urban developer Madinet Nasr Housing and Dev ...
Madinet Nasr Housing and Development (MHND) and Sixth of October Development and Investment (SODIC) have held a meeting on Thursday, May 17, in the presence of their advisors and top management to discuss options ...
