A new state-owned real estate firm could become the gov’t’s latest debt-restructuring tool

· Egyptian market news · MISR

A new state-owned real estate firm could become the gov’t’s latest debt-restructuring tool

The government is studying whether to use a new state-owned asset company as a debt-restructuring tool authorized last month

IN CONTEXT- debt-for-equity 78% of GDP

Real estate developer Tatweer Misr is preparing an initial public offering on the Egyptian Exchange next year

A group of North Coast developers is banding together to market a 90 km coastline as a single international destination Tellr

The model is Ibiza — a beach destination built as much on events as on sand

Original source: enterpriseam.com

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