News / Developers

Somabay Offers Attractive Payment Plans For A Limited Time Only

Somabay announces its attractive payment plans on its two projects, Baywest and Wadi Jebal, at the Somabay on the Red Sea, Invest-Gate reports.

Egypt’s MCR to Launch Oasis Park Phase I Next June

Egypt's Modern Company for Construction and Real Estate (MCR) plans to launch the first phase of Oasis Park project in Sixth of October City in June, 2018, Invest-Gate reports.

Somabay Golf Tournament to Kick Off October 5

The Red Sea resort town of Somabay will host a new golf tournament in one of its hotels, the Westin Hotel, Invest-Gate reports.

MNHD Launches Taj City Phase II 

Egyptian urban developer Madinet Nasr for Housing and Development (MNHD) is launching the second phase of its gated community Taj City in New Cairo, Invest-Gate reports.

OUD Pumps EGP 500 mn in Heliopolis Hills Project

Oriental for Urban Development (OUD) invests more than EGP 500 mn in its residential project Heliopolis Hills in Obour City, Invest-Gate reports.

Hyde Park Signs New Agreement with 5 Contractors for New Cairo Project

Egyptian real estate developer Hyde Park Properties for Development (HPD) signs an agreement worth more than EGP 1.5 bn (USD 84.4 mn) with five local construction firms for its new project in New Cairo, Invest-Gate reports.

Al Marasem Announces Phase 4 of Fifth Square

Egypt-based construction firm Al Marasem International for Development announces the launch of the fourth phase in its recent residential project 'Fifth Square', New Cairo, Invest-Gate reports.

Marseilia Egyptian Gulf Real Estate Investment H1 Profit Falls

Marseilia Egyptian Gulf Real Estate investment announces a fall in profits for the first half of 2017 as its net profit totalled EGP 5.4 mn in 2017 compared to 15.4 mn in the same period a year earlier, Invest-Gate reports.

Sodic H1 Revenue Jumps 88% to USD 66 mn

Egyptian real estate developer Sodic posts a revenue of EGP 1.17 bn (USD 65.9 mn) during the first half of the fiscal year 2017/2018, reflecting a year-on-year (y-o-y) increase of 88%, Invest-Gate reports .

Memaar Al Morshedy Launches Projects Worth EGP 1 bn 

Egyptian property developer Memaar Al Morshedy announces its latest projects worth over EGP 1 bn, Invest-Gate reports.

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