Egypt Property Show Kicks Off Global Roadshow in Dubai

• Saturday, 15th April 2017
• by Nayrouz Talaat

Egypt Property Show (EPS), the first Egyptian real estate global roadshow featuring premium development from Egypt’s top developers, will kick off in Dubai from May 5 to 7 at the Dubai World Trade Centre, Invest-Gate reports.

ODH Posts Gross Profit Of CHF 11.3 mn, Net Loss Of CHF 196.4 mn, 2016

• Wednesday, 12th April 2017
• by Leena ElDeeb

Orascom Development Holding (ODH) posts gross profit of CHF 11.3 mn and net loss of CHF 196.4 mn in 2016 compared to a gross profit of CHF 71.1 mn and a net loss of CHF 19.1 mn a year earlier, Invest-Gate reports.  

Increase in Traffic on OLX Properties from Egyptian Expats After EGP Float

• Wednesday, 12th April 2017
• by Nayrouz Talaat

Egyptian expats in Saudi Arabia have the highest online demand on OLX Properties, accounting for 56 per cent of overall traffic, especially after the Egyptian government floated the EGP last November, Invest-Gate reports.

SODIC Signs 1.3 bn Deal with AAIB to Finance SODIC West Project

• Tuesday, 11th April 2017
• by Leena ElDeeb

Egypt’s real estate developer SODIC announces that it has signed a medium term facility package worth EGP 1.3 bn with the Arab African International Bank to expedite construction works at its mixed-use development in Sheikh Zayed SODIC West, Invest-Gate reports.

PHD Inks EGP 852 mn Loan To Finance 190 Feddans, West Cairo

• Tuesday, 11th April 2017
• by Leena ElDeeb

Egypt’s real estate developer, Palm Hills Developments (PHD), signs a syndicated medium term loan agreement worth EGP 852 mn with the aim of partially financing the recently-acquired 190 feddans in West Cairo, Invest-Gate reports.                       

First Residence Launches Second Phase of Mangroovy Residence in El-Gouna

• Sunday, 9th April 2017
• by Menna A. Farouk

Egypt’s real estate developer First Residence for Real Estate Development launches the second phase of the Mangroovy Residence in El-Gouna, the Red Sea, Invest-Gate reports.

Al-Ahly for Real Estate Invests EGP 4 mn in 2017

• Sunday, 9th April 2017
• by Menna A. Farouk

Egypt’s prominent real estate developer Al-Ahly for Real Estate (Sabbour) is to invest 4 mn EGP in the country’s property market in 2017, Invest-Gate reports.

Exhibitors Display over 43 Projects at Cityscape 2017

• Tuesday, 4th April 2017
• by Fatma Khaled

The sixth edition of Cityscape Egypt this year features over 43 projects ranging from residential, commercial, offices, and hospitality projects, Invest-Gate reports.

Misr Italia Makes Exclusive Payment Offers for Cityscape Visitors

• Tuesday, 4th April 2017
• by Fatma Khaled

Egyptian real estate developer Misr Italia is offering visitors of this year’s Cityscape Egypt the opportunity to instantly own residential units in Mousa Coast project in the Red Sea by paying only EGP 15,000, Invest-Gate reports.

Cityscape Egypt Features High Turnout in 2017

• Monday, 3rd April 2017
• by Fatma Khaled

The four-day Cityscape exhibition highlighted a recovery in the real estate market with a record-high turnout of visitors, Invest-Gate reports.