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Latest in Tag: Ministry

Egypt’s SODIC settles with government over Eastown project

Reuters – Property developer SODIC has signed a dispute settlement with Egypt’s government, agreeing to pay EGP 900m ($129m) over seven years after a revaluation of its Eastown scheme in Cairo, the company said on Tuesday. Egypt’s investment minister Mounir Fakhry Abdel Nour said on 6 April that SODIC had revalued land bought from the …

Daily News Egypt

A predictable summer

Last month we spoke about the challenges facing the new Egyptian government. At the time of his appointment, Mr Mehleb proclaimed that his two main objectives were to wipe out militant violence and improve the economy. In the weeks that have followed his appointment, the prime minster has been very active, clearly adopting a management …

Dr Mohamed Fouad