Heliopolis Housing Profits Hit EGP 37 4m in 11 Months

• Monday, 19th June 2017
• by Menna A. Farouk

Heliopolis Company for Housing and Development (HELI) posts a net profit of EGP 374 mn for the first 11 months of the fiscal year 2016-2017, up by EGP 74 mn compared to the same period last year, Invest-Gate reports.

Palm Hills Gets NUCA approval For Integrated Residential Community in West Cairo

• Monday, 19th June 2017
• by Nayrouz Talaat

Palm Hills Developments Company receives the approval of the New Urban Communities Authority (NUCA) on co-development of integrated residential community spanning an area of 12.6 mn square meters in West Cairo, Reuters reports.

EGX Nods to Madinet Nasr Housing Capital Raise

• Sunday, 18th June 2017
• by Menna A. Farouk

Egyptian urban developer Madinet Nasr Housing and Development Company (MNHD) gets an approval from the Listing Committee of the Egyptian Exchange (EGX) to list the increase of its authorized capital, Invest-Gate reports.

Marseilia Egyptian Gulf Real Estate Investment Seeks Investment in Upper Egypt

• Sunday, 18th June 2017
• by Menna A. Farouk

Marseilia Egyptian Gulf Real Estate Investment is seeking to invest in three tourist projects in Egypt by the end of 2017, Invest-Gate reports.

Madinet Nasr Housing Records Bonus Shares on June 28

• Tuesday, 13th June 2017
• by Menna A. Farouk

Egypt’s Madinet Nasr Housing and Development says that the record date for its bonus shares is June 28, Invest-Gate reports.

Heliopolis Housing Posts Sales of EGP 71.07 mn in May

• Monday, 12th June 2017
• by Menna A. Farouk

Egyptian construction company Heliopolis Company for Housing and Development posts sales worth EGP 71.07 mn in May, Invest-Gate reports.  

Egypt’s Amlak Eyes Sales of USD 2.7 mn From Two Housing Projects This Year

• Monday, 12th June 2017
• by Nayrouz Talaat

Egypt’s Amlak Real Estate Investment and Marketing targets achieving sales of EGP 50 mn (USD 2.7 mn) from the first phase of Tala and Eshraka projects within 2017, local media reports.

Heliopolis Housing Mulls Partnership for New Project

• Thursday, 8th June 2017
• by Menna A. Farouk

Egyptian construction company Heliopolis Company for Housing and Development is considering partnership with major companies operating in the field of development and real estate to utilise a plot of land spanning 193 feddans, Invest-Gate reports.

Palm Hills Launches New Sales in Palm Valley Mall, Palm Central

• Wednesday, 7th June 2017
• by Menna A. Farouk

Egyptian real estate developer Palm Hills Developments (PHD) is launching new sales and reservations in Palm Valley Mall and Palm Central in West Cairo, Invest-Gate reports.

Heliopolis Housing Board Nods to Financial Lease Worth EGP 100 mn

• Wednesday, 7th June 2017
• by Menna A. Farouk

Egyptian construction company Heliopolis Company for Housing and Development’s BoD gave the go-ahead to a financial lease worth EGP 100 mn with Global Leasing Company (GLC), Invest-Gate reports.