Mabany Edris’ New Assuit Project Raises High Sales Amid Crisis

Egyptian property developer Mabany Edris has generated a whopping sales volume from its first flagship project in Upper Egypt's New Assuit, despite being rolled out in parallel with the emergence of the novel Coro ...

CIRA Inks EBRD Funding Deal for University in Upper Egypt

Cairo for Investment and Real Estate Development (CIRA) signed an agreement with the European Bank for Reconstruction and Development (EBRD) for an EGP-denominated facility worth EUR 25 mn ( EGP 442.78 mn) to set ...

SODIC, AAIB Sign Contract to Increase Credit Facility

Cairo-based real estate developer Sixth of October Development and Investment Company (SODIC) signs a new contract with Arab African International Bank (AAIB) to increase its credit facility amount, Invest-Gate reports.

Afreximbank, Egypt’s Arab Contractors Sign USD 200 mn Facility Deal

Egyptian construction firm Arab Contractors (AC) is signing a USD 200 mn credit facility agreement with the African Export-Import Bank (Afreximbank), Reuters reports.

Majid Al Futtaim Unveils Large Carrefour Facility

UAE shopping mall operator, Majid Al Futtaim, broke ground on global retailer Carrefour's new regional distribution centre at the National Industries Park (NIP) in Dubai, Invest-Gate reports.

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