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Construction sector anticipates solutions with new CBE governor

The construction sector is anticipating the arrival of vital solutions with the appointment of Tarek Amer as the governor of Central Bank of Egypt (CBE), according to Daker Abdellah, member of Egyptian Businessmen’s Association and Egyptian Federation for Construction and Building Contractors (EFCBC). Amer’s experience and knowledge of all problems facing the economy in various …

Hossam Mounir

Misr Italia to invest EGP 20bn in North Coast mega project

In an interview with Daily News Egypt, Mohamed Hany Al-Assal, board member of Misr Italia Holding Company, explained the details behind the company’s investments in the real estate sector. What are your upcoming projects? We are preparing, until the end of 2015, our stock market issuance that will act as a source of funds for …

Doaa Farid

Tabarak Holding launches ‘Ninety Avenue’ at Cityscape

Daily News Egypt interviewed Tabarak Holding’s Chairman Ali El Shorbany to discuss the company’s latest projects and its participation in Cityscape Exhibition. What is the value of Tabark Holding’s targeted investments by the end of 2015? The company is planning to pump investments of EGP 2bn over the next year (2016), as we are willing …

Rana Yehia