News / Developers

Emaar Properties Sees 30% Rise in 2018 Profits

Emaar Properties has posted a net profit of AED 7.216 bn in 2018, a 30% rise from AED 5.561 bn reported in 2017, prior to considering the effect of the initial public offering (IPO) of Emaar Development and forex movement

Imkan Launches AlJurf Properties for Sale

UAE-based developer Imkan has revealed that properties at its coastal destination, AlJurf, are now on sale to the public, with the launch taking place on February 19 and 20.

Tatweer Misr Inks Deal for Triple Play Services in Fouka Bay

Egypt's real estate developer Tatweer Misr has signed a partnership agreement with mobile operator Orange Egypt to provide Triple Play services for one of the developer's projects, Fouka Bay in North Coast

Emaar Misr Delivers 1st Phase of Beyout El Kheir Project in Qena

Emaar Misr, in collaboration with Misr El Kheir Foundation, has delivered the first phase of Beyout El Kheir project (Homes of Generosity) in Qena governorate, which is aimed at improving the living conditions of thousands of less privileged families in Egypt’s villages and provinces.

Real Estate Sales Are Expected to Decline in Q1: Beta Egypt

Chairman of Beta Egypt for Urban Development Company Alaa Fekri expected the first quarter of 2019 to see lower sales than the same period last year

Amer Group to Open Porto Said’s Hotel in Q1 2019

Egypt's property developer Amer Group Holding announced on February 14 that it plans to open a 5-star hotel, as part of its mixed-use development project, Porto Said, during the first quarter of 2019

SODIC Intends Sealing EGP 7.2 bn Contracts in 2019

Egypt-based Sixth of October for Development and Investment (SODIC) intends to seal EGP 7.202 bn contracts in 2019, while also planning to invest around EGP 5.173 bn across its developments and its subsidiaries' projects this year.

Eshraq Properties Unveils New Corporate Identity

Abu Dhabi-based real estate company Eshraq Properties has changed its name to Eshraq Investments, following approval from shareholders at a recent general meeting.

Emaar Uncovers The Lounge at Dubai’s Burj Khalifa

Dubai-based developer Emaar unveiled The Lounge, Burj Khalifa, opening doors for the public to the highest point of Dubai's the world's most recognizable and tallest building - at levels 152, 153 and 154.

Ökoplan to Develop Master Plan of 700-Acre Project in New Alamein

Egypt-based Ökoplan Engineering Consultations is planning to develop the master plan of a new 700-acre plot of land owned by the New Urban Communities Authority (NUCA) in New Alamein.

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