Sixth of October Development and Investment Company (SODIC) has announced opening doors of its very first sales center in New Cairo, directly located on 90 Street, "coming closer to SODIC’s growing client base in east Cairo"
UAE's property services company Asteco has launched a digital payment service that allows its tenants to pay their rent through direct debit, in a bid to increase efficiency, enhance the ease of doing business, and help customers save time
Egypt's real estate developer Porto Group, a subsidiary of Porto Group Holding, has inked an agreement with El Mostakbal for Urban Development for the establishment of a new integrated urban project in Mostakbal City, "Porto City"
Saudi-based Al Hokair Entertainment, a subsidiary of Al Hokair Group, has announced the opening of AlHokair Time AlAzizyah in Al-Khobar city, a theme park for women only
Egypt’s urban developer Madinet Nasr Housing and Development (MNHD) posted a consolidated net profit of EGP 869.1 mn for the first nine months of 2018, up 1.3% year-on-year (YoY) from the year-ago period
Egypt's Orascom Construction revealed on November 5 that it added USD 520 mn of new awards to its backlog in Q3 2018, of which Egypt accounts for about 60% of the new awards, while the US represents the remainder
Egypt-based Orascom Investment Holding, formerly Orascom Telecom Media and Technology Holding (OTMT), said it is looking to acquire 30% of Sarwa Capital’s shares in November, particularly due to the deal's attractive price
Housing and Development Real Estate Investment (HDRIC), one of Housing and Development Bank’s (HDB's) companies, has pumped investments of EGP 700 mn in "Tala" project in 6th of October City, intending to deliver the residential compound by mid-2020
Heliopolis Company for Housing and Development announced on October 24 that it will sell around 30 to 100 acres of land plots in the New Heliopolis City project to be used for residential, commercial, and service purposes
UAE-based Thumbay Group seeks to inject investments worth AED 1 bn (roughly EGP 5 bn) via the establishment of a branch of the Gulf Medical University in Egypt
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