HELI Offers 32 Buildings for Sale

• Wednesday, 17th August 2016
• by Heba Eid

Heliopolis Company for Housing and Development, an Egypt-based construction company, will offer 32 residential buildings up for sale in Sheraton and Nozhat Al-Obour City at a total cost of EGP 200 million, said Khaled Marasi, HELI Managing Director.

PACT Signs Contract with Cisco for its White Bay Project

• Wednesday, 17th August 2016
• by Heba Eid

PACT Real Estate Group, an Egypt-based real estate firm, signed a contract with Cisco, an international IT company, to provide technological equipment and infrastructure for the White Bay project in the North Coast.

Orascom Incurs EGP 168 M Loss in Q2 2016

• Wednesday, 17th August 2016
• by Heba Eid

Orascom Development Holding turned an EGP 168 million loss in the second quarter of 2016, the company's consolidated financial results showed.

El Obour Real Estate Turns Profit in H1 after Losses in 2015

• Tuesday, 16th August 2016
• by Heba Eid

El Obour Real Estate Investment (OBRI), an Egypt-based real estate developer, turned a profit for the first half of 2016, revealed a bourse statement.

MNHD Records 140% Increase in New Contracts in 2016

• Tuesday, 16th August 2016
• by Heba Eid

Madinet Nasr Housing and Development (MNHD), an Egypt-based real estate developer, released its second quarter financial statements, recording revenues of EGP 220.2 million.

SODIC Records Net Profit of EGP 158M in H1 2016

• Tuesday, 16th August 2016
• by Heba Eid

Sixth of October Development & Investment Company (SODIC), an Egypt-based real estate developer, recorded a net profit of EGP 97 million for the second quarter of 2016.

Abraj Misr Launches New Phase of North Coast’s The Shore Project

• Monday, 15th August 2016
• by Heba Eid

Abraj Misr, an Egypt-based real estate developer, launched a new phase of The Shore project in Ras El Hekma in the North Coast.

New Avenue, Premiere Financial Consultants Sign Cooperation Protocol Agreement

• Sunday, 14th August 2016
• by Heba Eid

New Avenue Real Estate, a real estate marketing and brokerage firm, signed a cooperation protocol with Premiere Financial Consultants Inc. to jointly implement projects and develop strategic alliances with investors and developers.

ARCO Egypt Launches EGP 2 B City Stars Al Sahel Project

• Sunday, 14th August 2016
• by Heba Eid

Al Arabia Real Estate and Development (ARCO Egypt), an Egypt-based real estate developer, launched the first phase of City Stars Al Sahel Project.

Azmeel Group Develops Beit Al Watan Project

• Wednesday, 10th August 2016
• by Heba Eid

Azmeel Group for Real Estate Development is developing the Beit Alwatan social housing project in New Cairo.