• Tuesday, 13 October 2020

    HHD announces its new strategy, relying on partnership with the private sector

    PRIVATIZATION WATCH- HHD plans to rely on private sector partnerships in its new development strategy: State-owned Heliopolis Housing and Development (HHD) has unveiled a new five-pillar strategy that will see the company develop EGP 100 bn-worth of assets autonomously and...
  • Sunday, 9 August 2020

    Real estate developer HHD to announce new strategy in the coming two weeks

    The board of EGX-listed HHD will announce a new corporate strategy in the coming two weeks, Public Enterprise Minister Hisham Tawfik said on Thursday. The semi-privatized state-owned real estate company is rethinking its development strategy following an abortive attempt at...
  • Sunday, 9 August 2020

    What we’re tracking on 9 August 2020

    Good morning, friends, and welcome to another late-summer workweek. It’s the last full week before some of our readers send the kids back to school (in one form or another) and we hope all of you enjoy every last second...
  • Wednesday, 29 July 2020

    HHD extends contract to co-develop New Heliopolis land with Sodic

    HHD extends contract to co-develop New Heliopolis land with Sodic: State-owned Heliopolis Housing and Development’s (HHD) board of directors agreed yesterday to extend the deadline by 11 months to develop a a 655-feddan plot in New Heliopolis under a 2016...
  • Tuesday, 7 July 2020

    Egypt’s Heliopolis Housing to finalize its new development plan this week

    PRIVATIZATION WATCH- HHD’s new development plan will be finalized this week: State-owned Heliopolis for Housing and Development (HHD) expects to finalize this week its new strategy to develop the company after scrapping plans to sell a stake with management rights...
  • Monday, 1 June 2020

    HHD general assembly approves new board

    MOVES- HHD general assembly approves new board: State-owned Heliopolis Housing and Development shareholders approved the appointment of the new board of directors, according to a regulatory disclosure (pdf). The new appointments include Tamer Mohamed Nasser as the company’s new managing...
  • Wednesday, 4 March 2020

    HHD scraps share sale plans after management tender flops

    PRIVATIZATION WATCH- HHD scraps share sale plans after management tender flops: State-owned Heliopolis for Housing and Development (HHD) has scrapped its plans to offer a stake of up to 25% as part of the state privatization program, Hesham Aboul Atta,...
  • Thursday, 27 February 2020

    El Nasr Mining Company to offer 22% of its shares on the EGX

    PRIVATIZATION WATCH- El Nasr Mining Company to offer 22% of its shares in IPO: The Holding Company for Metallurgical Industries’ general assembly has approved offering 21.97% of its subsidiary El Nasr Mining Company in an IPO on the EGX as...
  • Thursday, 27 February 2020

    Sodic on the offense on HHD tender

    PRIVATIZATION WATCH- Sodic goes on the offense on HHD tender, says conditions were untenable: Real estate developer Sodic decided against bidding for a 10% stake and management rights of Heliopolis Housing and Development (HHD) because the two companies did not...

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