News / Developers

‘Yafa Mac’ Hands Over 700 Units In ‘Emirates Heights’, North Coast

Yafa Mac Touristic Corporation, the owner of ‘Emirates Heights’ project in the North Coast, is to start handing over 700 units out of a total of 2,500 as part of its project’s first and second phases, Invest-Gate reports.

Hyde Park Launches Second Phase of Park Corner

Egyptian real estate developer Hyde Park Properties for Development (HPD) launches the second phase of Park Corner that offers several types of homes in New Cairo at an eight-year payment term, Invest-Gate reports.

Ezz Steel eyes exports of USD 500-700 mn in 2017

Ezz Steel, a leading steel producer in the Middle East, is eyeing exports ranging between USD 500 mn and USD 700 mn in 2017, Invest-Gate reports.

Tatweer Misr Launches Il Monte Galala Homes with Flexible Payment Terms

Egyptian leading real estate developer Tatweer Misr is launching fully-furnished homes overlooking the sea at Il Monte Galala in Ain El Sokhna, east of Cairo, Invest-Gate reports.

Market Value of Stock Exchange-Listed Property Companies Hits EGP 71 bn

The total market value of the stock exchange’s listed property companies hit EGP 71 bn by the end of 2016, Invest-Gate reports.

SODIC Reports Net Profit of EGP 429 mn in 2016

Egypt's leading real estate developer SODIC reported a net profit after tax of EGP 429 mn, up by 38% y-o-y for the full year ending on December 2016 compared to a year earlier, according to a report sent to Invest-Gate.

ARCO Egypt to Launch Phase I of Lavande

Egypt’s leading real estate company ARCO launched the first phase of its project Lavande, a high-end residential complex located in 6th of October City

Orascom Expands Executive Management Team

Orascom Development Holding (ODH) decided on March 5 to expand its executive management team as of April 1, Invest-Gate reports.

TMG Net Profit Rises By 8.85% in 2016

Egypt’s giant real estate developer Talaat Moustafa Group (TMG) posted a consolidated net profit of EGP 828 mn in 2016, up by 8.85% compared to EGP 761 mn a year earlier, Invest-Gate reports.

Electric Train to Link Administrative Capital with Cairo

The Egyptian government is in talks with a Chinese construction company to launch an electric train linking the New Administrative Capital with Cairo, state-owned Ahram reports.

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