Emaar Misr signs EGP 14 bn in construction contracts for Marassi Red Sea
· Egyptian market news · MISR
Emaar Misr handed EGP 14 bn in construction contracts to Rowad Modern Engineering and Innovo Group to build residential units under the first phase of its Marassi Red Sea project press release (pdf)
What the first phase looks like: EGP 5.7 bn contract (pdf)
The project behind the numbers: the EGP 900 bn masterplan (pdf) EGP 80 bn
Four years, zero revenue
Banque Misr is moving to liquidate its Misr for Sukuk subsidiary after the company failed to generate any revenue since its incorporation in late 2022 July 2026 directive Asharq Business
About the company: EGP 10 mn
Impact capital incoming
Germany-based impact investor Finance in Motion wants to add some USD 30-50 mn to its Egypt book by year-end Al Borsa Sanad Green for Growth Fund
Three non-bank lenders are already under review Beltone Leasing and Factoring since 2024 USD 4.5 mn into crop trader Capital Agro
A family car from the van maker
General Misr — Chinese automaker Shineray’s exclusive agent in Egypt — plans to begin local assembly of the SWM G03F family car in 1Q 2027 Al Mal plants
IN CONTEXT- said in November 2025
Why it matters: in 2025
Fawry-DMS integration incoming: DMS press release (pdf)