News / Developers

Palm Hills Plans to Invest EGP 2 bn in 2018

Palm Hills Developments (PHD) plans to invest EGP 2 bn in 2018 for financing existing projects and new ones

Talaat Mostafa Group to Construct World’s Largest Hotel in Sharm El-Sheikh

Talaat Mostafa Group Holding Company (TMG) is establishing the largest resort hotel in the world at Sharm El-Sheikh, Chief Executive and Managing Director of the group Talaat Mostafa announced on the sidelines of the preparatory conference of City Scape Egypt

Hilton Signs its Newest Resort in Red Sea’s Mangroovy El Gouna

Hilton has signed a management agreement of the new DoubleTree by Hilton Resort with Mangroovy For Real Estate and Tourism Investment to bring its DoubleTree by Hilton brand to manage a new resort property in the Red Sea resort of El Gouna

Egypt’s Ora Developers to Establish Multi-Billion Dollar Housing Project in Pakistan

The joint venture, “Project Eighteen” will cover 600 acres of land and is expected to cost around USD 2 bn. It will be delivered in phases starting this year, with delivery of the first phase expected in the next three years

Iwan Developments Celebrates Its 15th Anniversary, Reveals 2018 Investment Plans

Egyptian real estate developer Iwan Developments, a subsidiary of Iwan Group, held a press conference on March 8 in celebration of its 15th anniversary

REMCO Introduces Stella Park in the New Administrative Capital

REMCO, the real estate developer of Stella Di Mare, introduces a new residential project, Stella Park, in Egypt’s New Administrative Capital

Palm Hills Targets EGP 12 bn in Sales in 2018

Egyptian real estate developer Palm Hills Developments (PHD) has unveiled its financial targets for 2018

Tatweer Misr Introduces Bloomfields in Mostakbal City

Tatweer Misr is launching its third real estate project in east Cairo's Mostakbal City

Talaat Moustafa Subsidiary Seeks to Buy 1000 Acres in the New Capital

The Arab Company for Projects and Urban Development, a subsidiary of Talaat Moustafa Group Holding Company (TMG), is seeking to buy 1000 acres in the New Administrative Capital

Emaar Misr Reports Higher Net Profits, Net Sales in 2017

Emaar Misr for Development (EMD) reported a 36% increase in net profit to stand at EGP 2.3 bn in 2017, compared to EGP 1.68 bn the previous year, as well as a 29.5 % increase in net sales to reach EGP 10.9 bn

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