News / Developers

Heliopolis Housing Sees Higher Profits by July-End

Egyptian real estate company, Heliopolis for Housing and Development, posts a 256% profit rise by the end of July 2017 compared to the same period of 2016

Marseilia Land El Alamein Delivers its First and Second Phases

Marseilia Land El Alamein project, affiliated to Marseilia Real Estate Investment, announces the complete delivery of phases I and II in New El Alamein City

Golden Pyramids Plaza Swings to Profits in H1

The mixed-use real estate development company, Golden Pyramids Plaza, turns profitable in H1 of 2017 compared to the same time last year

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.

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