What we’re tracking on 16 October 2018
We’re back this morning with a taste of the type of content you’ll be seeing in Enterprise One, our forthcoming professional-grade business intelligence service offering actionable insights into the trends, transactions and news that should be shaping your business and investment decisions.
We’re including this morning two exclusive interviews: one with SODIC CEO Magued Sherif and MNHD Chairman Hazem Barakat on what could be the largest M&A to ever be executed in Egypt (and the country’s first all-share transaction) and another with new Renaissance Capital MENA CEO Amr Helal.
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An inaugural flight landed at Sphinx International Airport yesterday, officially marking the facility’s soft opening phase, Civil Aviation Minister Younes El Masry said, according to Al Shorouk. Our take is that the airport could be a driver of value on the west side of the city: A functioning international airport could boost appetite for housing in Six October and Sheikh Zayed, among other points to the west, and open them to international companies that require proximity to airports in choosing neighborhoods for headquarters and staff housing. El Masry spoke last night with Masaa DMC about the airport’s strategic location (watch, runtime: 9:51).