Property developer Saudi Egyptian Construction Company (SECON) says it is planning to achieve contractual sales worth 1.5 billion Egyptian pounds ($82.7 million) from its projects within 2017.
Darwish Hassanein, SECON's chief executive, told Amwal (...)
A consortium of nine Egyptian and Arab banks has completed arranging a loan worth 1.8 billion Egyptian pounds ($99.1 million) for state-run Egyptian Natural Gas Holding Co (EGAS).
The consortium comprises Banque Du Caire, Emirates NBD (ENBD), Arab (...)
Commercial International Bank – Egypt (CIB) approved to grant the Egyptian Madinet Nasr for Housing & Development (MNHD) a medium-term loan at value of EGP 550 million approximately, according to banking sources with knowledge of the deal.
CIB Egypt (...)
Restoring stability ticket to regaining investor confidence
Banks prove able to grapple with crises as Gulf aid supports foreign currencies
The current economic situation is in dire need of security and stability and of regaining confidence of (...)
SECON- The Saudi Egyptian Construction Company: CEO
Considering SECON's Capital with $100mln... We Seek to Establish Fresh Projects
Bids law Hindered Investment Movement and Raised Prices in Last Years
Eng. Darwish Hassanein -CEO of SECON- The Saudi (...)
"Adopting new concessions and eliminating unstable investments is a starting point for the real estate sector. In cooperation with Russia and China, we have presented the Kandil government with a project worth $9 billion dollars and foiled attempts (...)