News / Developers

Tamayoz Developments Completely Sells Phase I of “5 Business Hub” in NAC

Tamayoz Developments completes selling the first phase of its “5 BUSINESS HUB” project, in New Administrative Capital (NAC), for around EGP 150 mn in 45 days.

Mountain View Targets EGP 12 bn in Sales in 2021

Mountain View is targeting an EGP 12 billion in sales during 2021, Invest-Gate reports.

ODE Releases its Financial Statement for H1 2021

Orascom Development Egypt (ODE) reveals achieving good results in H1 2021 supported by a solid performance of the real estate segment and efficient cost management. The consolidated financial statement of ODE discloses that the net profit has surged by 342.2% YoY hitting EGP 744.6 mn in H1 2021, despite the pandemic's ongoing headwinds affecting the hospitality business.

Royal Developments to Start Construction of 10 Projects in New Cairo

Royal Developments plans to start construction of 10 separate projects in New Cairo in Q4 2021.

Emaar Misr Inaugurates Marassi Marina and Yacht Club

Emaar Misr inaugurates the first international marina on the North Coast, the "Marassi Marina and Yacht Club," in Marassi

Mountain View Launches “Lagoon Beach Park” at iCity

Following the success of the first phase of MV iCity New Cairo, Mountain View announces the launch of its new phase “Lagoon Beach Park," which will be available for sale as of August.

Khaled Sabry Holding Completes Selling Ronza Tower’s Phase I

Khaled Sabry Holding Group announces selling the first phase of its first project in the New Administrative Capital (NAC), Ronza Tower.

TMG Logs 23% Profits Surge in H1 2021

The aggregate financial indicators of Talaat Moustafa Group Holding (TMG) reveal that the company's net profits jumped 23.16% YoY in H1 2021, hitting EGP 869.38 mn, up from the EGP 705.85 mn achieved in H1 2020.

Khozam Developments Contracts with Okoplan for Creek Town and Go Heliopolis

Khozam Developments contracts with Okoplan for the landscaping of the “Creek Town” and “Go Heliopolis” projects.

MG Developments Completes Construction of Strip Mall in Blue Blue Ain Sokhna

MG Developments completes the constructions of Strip Mall in Blue Blue Sokhna Resort and offers lease on its commercial units

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