El Sewedy, Suez Canal Sign Land Development Deal for Ain Sokhna Plot

Egyptian cable maker El Sewedy Electric’s industrial development unit has inked an EGP 10 bn agreement with the General Authority for Suez Canal Economic Zone (SCZone) to develop a land area in Ain Sohkna

Heliopolis Housing Approves EGP 1.2 bn Loan

Heliopolis Company for Housing and Development said its board of directors approved on October 17 a long-term loan worth about EGP 1.2 bn from a national bank, to be reimbursed in seven years and a half

SODIC Intends to Acquire At Least 51% of MNHD

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 ...

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