Heliopolis Housing to Ink EGP 500 mn Lease Agreement Tomorrow

• Wednesday, 24th May 2017
• by Menna A. Farouk

Egypt’s construction company Heliopolis for Housing and Development will sign a lease agreement with Al-Oula - El-Taamir for Mortgage Finance tomorrow, Invest-Gate reports.

Ezz Steel Turns Profitable in 2016

• Wednesday, 24th May 2017
• by Menna A. Farouk

Egyptian steelmaker Ezz Steel achieved consolidated net profits of EGP 560.15 mn during the fiscal year ending on December 31, 2016, against net losses of EGP 603.3 mn a year earlier, Invest-Gate reports.

First Phase of I-City Kicks Off in 6th of October

• Monday, 22nd May 2017
• by Fatma Khaled

The first phase of the residential project I-City is to be launched in 6th of October City, Invest-Gate reports.

Tatweer Misr Plans to Establish University for Entrepreneurs

• Monday, 22nd May 2017
• by Menna A. Farouk

Egypt’s real estate developer, Tatweer Misr, is seeking to collaborate with international universities, focusing on entrepreneurship and the development of Micro - Small and Medium Enterprises- in order to establish a university specialized in the field, Invest-Gate reports.

Aloula Mortgage Signs Protocol With Central Agency for Reconstruction

• Thursday, 18th May 2017
• by Nayrouz Talaat

Egypt’s mortgage company Aloula signs a protocol with the Ministry of Housing-affiliated Central Agency for Reconstruction to enable more low and middle-income purchasers to obtain housing units in the agency's housing projects, Invest-Gate reports.

Orascom Board Nominates Non-Executive Director

• Thursday, 18th May 2017
• by Menna A. Farouk

Egypt-based construction company Orascom Construction Limited announces that its board has nominated Mustafa Abdel-Wadood for the position of non-Executive Director, Invest-Gate reports.

SODIC Seeks to Buy Land Plots in North, West Cairo

• Thursday, 18th May 2017
• by Nayrouz Talaat

Egypt-based real estate company Sixth of October Development and Investment Company (SODIC) plans to buy new land plots worth EGP 600 mn in north and west Cairo, Invest-Gate reports.

SODIC’s Net Profit Rises 287.8 % y-o-y

• Wednesday, 17th May 2017
• by Nayrouz Talaat

Sixth of October for Development and Investment’s (SODIC) consolidated net profit for the first quarter of 2017 rises by 287.8% to EGP 211.9 mn, versus EGP 54.6 mn for the same period a year earlier, Invest-Gate reports.

Hyde Park Developments Unveils Park Corner Phase II and Plans in the North Coast

• Tuesday, 16th May 2017
• by Nayrouz Talaat

Egypt’s real estate developer, Hyde Park Developments (HPD), showcases their newest real estate projects during the “Egypt Property Show” (EPS) held from May 5 to 7 at the Dubai World Trade Center, Invest-Gate reports.

Egypt Property Show 2017 Achieves EGP 1 bn Deals

• Tuesday, 16th May 2017
• by Nayrouz Talaat

Egypt Property Show (EPS) 2017 has seen the participation of several Egyptian companies, sealing total sales of EGP 1 bn, Invest-Gate reports.