News / Developers

TMG’s Revenues Surge 29% YoY in 2022

The company’s 2022 revenue includes EGP 14.7 bn from real estate and EGP 2.6 bn from hospitality.

The Icon Show Exhibition Kicks Off in Dammam

The event sees the participation of 6 major Egyptian real estate development companies, presenting projects ready for delivery and projects under construction, in addition to the participation of the banking sector to provide various payment systems for Egyptians and foreigners. During the exhibition, the Ministry of Housing displays investment opportunities in the areas affiliated with the New Urban Communities Authority, in addition to seminars and an international press conference to present investment opportunities in the Egyptian real estate sector.

Ilcazar Developments Starts Delivery of Go Heliopolis

Chairman of Ilcazar Developments, Nader Khozam, notes that despite the challenges that affects all companies operating in the real estate market, the company doubles its efforts and succeeds in implementing rates that enable it to deliver according to the dates specified in the contracts, while maintaining the usual quality.

Emaar Properties Considers New Investments in Egypt

Al Abbar notes that the company believes in the Egyptian economy, adding that now is the ideal time to invest in the country.

Orascom Development Inks Agreement with Egyptian Gov’t for El Gouna Projects

The agreement also grants the company the right to connect its lake network to the sea through two new water channels to naturally improve the water quality in its current and future projects, which positively impacts the construction cost in the future.

MARAKEZ Provides Hands-On Experience to GUC’s Students

The students will familiarize themselves with the technical details and the different stages of the construction and building process of the District Five project.

Saudi Egyptian Developers Pens EGP 382 Mn Contract with Kuwait’s Al-Kharafi Group

Situated on 70 feddans, the Bleu Vert is located at the New Administrative Capital. The project comprises 208 villas of different styles and 34 buildings that include apartments of different sizes.

Atkins Inaugurates Office in Saudi Arabia’s Al Ula City

The new office is located in the Alruzayqiyah area. It features several top-class facilities and can house more than 100 employees.

Mountain View Injects EGP 6 Bn investments in 2023

The investment is set to be used to deliver units to clients on the agreed dates.

GV Group Participates in the World Government Summit in Dubai 2023

Egypt participates in the event as a guest of honor represented by a high-ranking delegation led by President Abdel Fattah El-Sisi.

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