News / Developers

Inertia Obtains EGP 575 mn Loan to Construct Jefaira

Inertia has signed a five-year EGP 575 mn loan agreement with Banque du Caire, attempting to finance construction work at its flagship project on the North Coast, Jefaira, among other projects

Madaar Organizes Azha Endurance Festival Late September

Egypt's commercial and residential development company Madaar Development will host on September 21 Azha Endurance Festival at its luxurious Ain Sokhna resort, Azha, coming as part of its long-standing support for the country's sports market.

Emaar Misr Denies Claims on Marassi’s Land

Emaar Misr, Cairo-based unit of UAE's Emaar Properties, has confirmed that Marrasi's land is legally and fully registered at the Egyptian Land Registry under the developer's name.

ODE Posts 253.4% Surge in H1 Sales

Orascom Development Egypt's (ODE) net sales hiked by 253.4% to EGP 4.2 bn in H1 2019, compared to EGP 1.2 bn a year earlier, driven by a rise in unit sales in its newly-launched project in west Cairo, O West, in addition to El Gouna and Makadi Heights.

Savills Unveils 105 Apartments to Lease in Bahrain

Savills, a global real estate services provider, has launched 105 freshly refurbished apartments to lease in Segaya Plaza, situated in Segaya, Bahrain.

Amer Group Sees Lower Profits in H1

Amer Group Holding posted a 54% year-on-year slump in its consolidated profits for the first half of 2019, mainly due to lower sales.

UAE’s Aldar Properties Mulls Investments in Egypt

Abu Dhabi's listed real estate developer Aldar Properties seeks to tap into Egypt's housing market, as part of its regional expansion plans.

Sawiris Lays Foundation Stone for El Gouna Conference & Culture Center

Egyptian tycoon Samih Sawiris, chairman of Orascom Development Holding (ODH), has laid the foundation stone for El Gouna Conference and Culture Center, marking the second phase of the cultural complex.

SODIC’s H1 Revenues Jump to EGP 2.02 bn

Sixth of October Development and Investment Company (SODIC) saw its revenues jumping 92% to EGP 2.02 bn in H1 2019 from EGP 1.05 bn in the year-ago period, with east Cairo projects logging 66% of the posted value.

Advertorial: Porto October Clubhouse Offers Best Summertime Memories

Summer has always held a special place in our hearts! To honor the most restful season, with all its positive vibes and childhood nostalgia, Porto Group is now introducing its newest venture, the Porto October Clubhouse.

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