News / Developers

Al Ahly for Real Estate Development Unveils New Project

Egypt’s Al Ahly for Real Estate Development announces its latest project in partnership with Al Mostakbal City

SODIC, AAIB Sign Contract to Increase Credit Facility

Cairo-based real estate developer Sixth of October Development and Investment Company (SODIC) signs a new contract with Arab African International Bank (AAIB) to increase its credit facility amount, Invest-Gate reports.

Orascom Construction Q2 Consol Profit Falls

Cairo-based global engineering and construction contractor Orascom Construction reports consol profit attributable to shareholders dropping to USD 23.7 mn during the second quarter of 2017 from USD 26 mn in the same period one year ago, Invest-Gate reports.

EALB, EFG Hermes Ink Deal to Support Small Businesses

The Egyptian Arab Land Bank (EALB) and EFG Hermes Leasing are signing an agreement to provide leasing solutions for fixed assets to small businesses, Invest-Gate reports.

Development & Engineering Consultants to Raise Capital 

Egyptian engineering services provider Development & Engineering Consultants is to raise its issued capital, Invest-Gate reports

Heliopolis Housing Awards EGP 7.4 mn for New Project 

Egyptian real estate company Heliopolis Co. for Housing and Development awards a contract for Utilco for Engineering and Contracting, Invest-Gate reports.

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.

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