Covid-19
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Developers Government
El Mostakbal Donates EGP 7 mn to Tahya Misr
Wednesday, 13 January 2021
El Mostakbal for Urban Development has donated EGP 7 mn to Tahya Misr Fund to facilitate the provision of the newly-introduced Coronavirus vaccine to eligible groups.
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Developers
Cityscape Dubai to Return Today
Sunday, 15 November 2020
Cityscape Dubai returns to the World Trade Center today with strict measures to protect visitors from the spread of COVID-19
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Developers
SODIC Sells 776 Properties Across Cairo in 9M
Thursday, 12 November 2020
Sixth of October Development and Investment Company (SODIC) sold out 776 properties during the first nine months of 2020, bringing gross contractual sales to EGP 4.1 bn and marking a YoY rise of 23% from EGP 3.34 bn in the prior-year period.
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Developers Events
First Virtual Real Estate Exhibition “Vestate Expo” Launched
Tuesday, 20 October 2020
For the first time, Egypt sees, on October 20, Vestate Expo, the biggest virtual expo in the country hosting up to 50 developers and attracting over 2500 visitors across the MENA region, Invest-Gate reports.
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Developers
Tabarak Launches 1st E-Payment Platform
Monday, 19 October 2020
Tabarak Developments has announced the launch of Egypt's first e-payment platform to allow buyers to purchase properties while at the comfort and safety of their homes, in line with the government’s plans for digitization.
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Investment
Siemens Opens New Smart Clinic in Qalyubia
Friday, 16 October 2020
Siemens AG and Siemens Energy AG, two independent companies rigorously focused on the energy sector, have inaugurated a smart clinic in Shubra El Kheima, Qalyubia, aiming to provide quality healthcare to about 15,000 patients a year.
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Investment
Egypt’s Economy Remain Steady in Emerging Markets: Goldman Sachs
Tuesday, 22 September 2020
A recent Goldman Sachs report reveals around half of the foreign investments that exited the Egyptian market amid the onset of the COVID-19 crisis has returned, with further inflows projected.
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Developers
Egyptian Real Estate Firms’ Profit Hit by Corona
Tuesday, 15 September 2020
Egypt’s five biggest listed real estate firms reported a combined profit fall of nearly 31% in the second quarter of 2020 as property sales slowed during the coronavirus crisis
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Events
Cityscape Egypt to Return Next November
Tuesday, 18 August 2020
Informa's Cityscape real estate exhibition will take place from November 4-7 at the Egyptian International Exhibition Center (EIEC) in New Cairo, after being postponed back in March due to COVID-19 outbreak.
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Developers
ODH’s El Gouna Sees 27.4% Hike in Q2 2020 Sales
Tuesday, 21 July 2020
Demand for Orascom Development Holding'S (ODH) El Gouna remained strong in Q2 2020, marking a 27.4% rise in total sold and reserved units versus the year-ago period, with total sales and presales hitting EGP 924.58 mn.
Latest News
Gov't Grants 3M Extension for Payment of Real Estate Arrears
CNN Names Egypt Among Top 21 Go-To Places in 2021
Talaat Moustafa to Provide 2 mn Egyptians with COVID-19 Vaccine
El Mostakbal Donates EGP 7 mn to Tahya Misr
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Stock | Price | Change % | Volume |
AALR | 25.00 | 0.00% | 1,961 |
UEGC | 0.85 | -0.46% | 1,466,953 |
AMER | 1.21 | -1.53% | 1,196,283 |
EIUD | 5.20 | 0.00% | 11,469 |
DAPH | 17.37 | 0.23% | 14,500 |
Last Modified January 17, 2021