Majid Al Futtaim Plans to Install 600 VOX Cinema Screens Across ME by 2020

• Tuesday, 21st March 2017
• by Nayrouz Talaat

Majid Al Futtaim, a leading retail and leisure pioneer in the Middle East, is allocating AED 1 bn (USD 270 mn) for installing 600 VOX cinema screens across different locations in the Arab and Middle East region by 2020, Invest-Gate reports.

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

• Monday, 20th March 2017
• by Leena ElDeeb

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

• Monday, 20th March 2017
• by Fatma Khaled

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

• Sunday, 19th March 2017
• by Nayrouz Talaat

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

• Sunday, 19th March 2017
• by Fatma Khaled

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

• Thursday, 16th March 2017
• by Nayrouz Talaat

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

• Monday, 13th March 2017
• by Yasmin El-Beih

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

• Monday, 13th March 2017
• by Fatma Khaled

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

• Tuesday, 7th March 2017
• by Yasmin El-Beih

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

• Tuesday, 7th March 2017
• by Yasmin El-Beih

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.