News / Developers

TAMEER to Deliver 1st Phase of New Cairo Project by March-End

Egypt-based real estate developer TAMEER plans to deliver the first phase of AZAD 1 residential project in the Fifth Settlement neighborhood, east Cairo by the end of March, Invest-Gate reports.

MNHD Obtains Land Adjacent to Taj City

Madinet Nasr Housing and Development (MNHD) reached an agreement with the Armed Forces Land Projects Agency to exchange land plots in east Cairo

Ellington Properties Accelerates Belgravia III Construction With DUTCO

Dubai’s design-led property developer Ellington Properties has announced its focus on accelerating the development of Belgravia III in Jumeirah Village Circle (JVC) through its partnership with DUTCO construction company

Hilton Luxor Resort & Spa Named Egypt’s Best Luxury Wellness Spa

Hilton Luxor Resort & Spa has been awarded the “Best Luxury Wellness Spa in Egypt” for 2019 by the International Spa Awards

Heliopolis Housing Weighs on Real Estate Stocks: SHUAA

SHUAA Securities Egypt's latest report showed that real estate stocks declined in February due to "unclear vision about Heliopolis Company for Housing and Development’s (HELI) future moves"

Emaar Misr Sees 49% Profit Decline in 2019

Emaar Misr for Development has said its profits fell by 49% year-on-year (y-o-y) to stand at EGP 1.74 bn in 2019, down from EGP 3.42 bn in 2018

Pinnacle, TBH Sign JV for Latest Project Management Techniques

Egypt-based Pinnacle Real Estate Investments and the Australian project management company TBH have signed a joint venture (JV) for the deployment of cutting edge project management techniques on February 29 at the Nile Ritz-Carlton, Cairo

Mountain View Announces 2020 Expansion Plans

Egypt's real estate developer Mountain View plans to launch a new 17-acre project in iCity October inside the heart of the 6th of October City this year

OUD Hits EGP 100 mn Sales at Nile Property Expo

Egypt-based Orientals for Urban Development (OUD) announced that it achieved over EGP 100 bn sales at Nile property Expo, held in Riyadh on February 9 to 11, Invest-Gate reports.

SODIC Records EGP 7.3 bn Contracted Sales in 2019

Sixth of October for Development and Investment Company (SODIC) has recorded contracted sales of EGP 7.3 bn in 2019, with a growth of 32% year-on-year (YoY)

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