EGYGAB Developments Launches Sales of Granda Al-Shorouk

• Thursday, 22nd June 2017
• by Farah Montasser

Egyptian developer EGYGAB Developments, a subsidiary of Egyptian real estate developer EGYGAB Holding, launches sales of Granda Al-Shorouk in Al-Shorouk City, Invest-Gate reports

Arab Development to Incur Losses Worth EGP 600,000 on Project Withdrawal

• Wednesday, 21st June 2017
• by Menna A. Farouk

Egyptian property developer Arab Development and Real Estate Investment (ADRI) is to suffer losses worth EGP 600,000 after the Armed Forces Engineering Authority withdrew a five-building project awarded earlier to the company, Invest-Gate reports.  

Al-Shams Housing Studies Partnership Worth EGP 1 bn with NUCA  

• Tuesday, 20th June 2017
• by Menna A. Farouk

Egypt-based construction company Al-Shams Housing and Urbanization announces that a possible partnership with the New Urban Communities Authority (NUCA) worth is still under study, Invest-Gate reports.  

SECON Profits Grow 40% in 2016

• Monday, 19th June 2017
• by Menna A. Farouk

Cairo-based construction firm Saudi Egyptian Construction Company (SECON) posts a 40% year-on-year rise in its profits in the fiscal year ending on December 31, 2016, Invest-Gate reports.  

Heliopolis Housing Profits Hit EGP 37 4m in 11 Months

• Monday, 19th June 2017
• by Menna A. Farouk

Heliopolis Company for Housing and Development (HELI) posts a net profit of EGP 374 mn for the first 11 months of the fiscal year 2016-2017, up by EGP 74 mn compared to the same period last year, Invest-Gate reports.

Palm Hills Gets NUCA approval For Integrated Residential Community in West Cairo

• Monday, 19th June 2017
• by Nayrouz Talaat

Palm Hills Developments Company receives the approval of the New Urban Communities Authority (NUCA) on co-development of integrated residential community spanning an area of 12.6 mn square meters in West Cairo, Reuters reports.

EGX Nods to Madinet Nasr Housing Capital Raise

• Sunday, 18th June 2017
• by Menna A. Farouk

Egyptian urban developer Madinet Nasr Housing and Development Company (MNHD) gets an approval from the Listing Committee of the Egyptian Exchange (EGX) to list the increase of its authorized capital, Invest-Gate reports.

Marseilia Egyptian Gulf Real Estate Investment Seeks Investment in Upper Egypt

• Sunday, 18th June 2017
• by Menna A. Farouk

Marseilia Egyptian Gulf Real Estate Investment is seeking to invest in three tourist projects in Egypt by the end of 2017, Invest-Gate reports.

Madinet Nasr Housing Records Bonus Shares on June 28

• Tuesday, 13th June 2017
• by Menna A. Farouk

Egypt’s Madinet Nasr Housing and Development says that the record date for its bonus shares is June 28, Invest-Gate reports.

Heliopolis Housing Posts Sales of EGP 71.07 mn in May

• Monday, 12th June 2017
• by Menna A. Farouk

Egyptian construction company Heliopolis Company for Housing and Development posts sales worth EGP 71.07 mn in May, Invest-Gate reports.