SODIC, Egypt's third-largest listed property group, plans about 2.3 billion Egyptian pounds ($301.64 million) in new investments in 2015, it said in a statement on Monday.
It said it would deliver 684 new property units this year.
Egypt's once-booming construction sector was hit hard by the 2011 revolt that ended Hosni Mubarak's 30-year rule. Many large real estate contracts were cancelled in the wake of the revolt and investment dried up.
Malaysian law firm RDS Partnership has hired veteran corporate/M&A lawyer Raphael Tay as a partner from local boutique LAW Partnership, where he headed the corporate and commercial practice.
Sidley Austin has advised Malaysia’s Axiata Group on its Indonesian subsidiary’s acquisition of Axis Telekom Indonesia from Saudi Telecom Company (STC), which was guided by Freshfields.
Papua New Guinea energy company Oil Search Ltd launched a fight on Friday to contest French oil giant Total SA's purchase of a 40 percent stake in PNG's biggest undeveloped gas field.