News / Developers

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.

Event Alert: Angham to Perform Concert At Sea Hub on August 24

Egyptian female singer Angham is to perform a concert in the North Coast on August 24, Invest-Gate reports.

Event Alert: Golf Porto Marina Hosts Concert by Superstar Amr Diab on August 18

Egyptian superstar Amr Diab is to perform a concert in the North Coast on August 18, celebrating his new album Meaddy El Nas (Passing People), Invest-Gate reports.

CGP Unveils Smart Village East in East Cairo

Cairo-based community developer Capital Group Properties (CGP) introduces a new product in its integrated community Alburouj, Invest-Gate reports.

ODE Net Sales increase by 100.1 % in H1 of 2017

Orascom Development Egypt (ODE) announces that its net sales increase by 100.1% to EGP 718.7 mn in the first half of 2017 versus EGP 359.1 mn in the same period a year earlier, Invest-Gate reports.

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