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Mountain View Completely Sells Rhodes Island in 2 Days

Egypt's property developer Mountain View has announced that its newest phase at Mountain View Ras ElHikma, "Rhodes Island," was sold out in just two days, with contractual sales totaled at EGP 1.5 bn.

Orascom Development’s O West to Sponsor 3rd Edition of GFF

Orascom Development Egypt (ODE), a subsidiary of Orascom Development Holding (ODH), continues to support and sponsor the third edition of El Gouna Film Festival, which will be held from September 19 to 27, through its first home project in west Cairo, O West.

Inertia Obtains EGP 575 mn Loan to Construct Jefaira

Inertia has signed a five-year EGP 575 mn loan agreement with Banque du Caire, attempting to finance construction work at its flagship project on the North Coast, Jefaira, among other projects

Madaar Organizes Azha Endurance Festival Late September

Egypt's commercial and residential development company Madaar Development will host on September 21 Azha Endurance Festival at its luxurious Ain Sokhna resort, Azha, coming as part of its long-standing support for the country's sports market.

Emaar Misr Denies Claims on Marassi’s Land

Emaar Misr, Cairo-based unit of UAE's Emaar Properties, has confirmed that Marrasi's land is legally and fully registered at the Egyptian Land Registry under the developer's name.

Hyde Park to Host Cirque du Soleil for 1st Time in Egypt

Hyde Park Developments announced hosting the latest entertainment show for Cirque du Soleil, BAZZAR, for the first time in Egypt this September.

The Big 5 Construct Egypt to Propel Construction Industry Growth

Dmg Events held a press conference on August 19 to officially announce the launch of the second edition of The Big 5 Construct Egypt, which is scheduled to take place from September 2 to 4 in Egypt International Exhibition Center (EIEC), under the auspices of Prime Minister Moustafa Madbouly.

ODE Posts 253.4% Surge in H1 Sales

Orascom Development Egypt's (ODE) net sales hiked by 253.4% to EGP 4.2 bn in H1 2019, compared to EGP 1.2 bn a year earlier, driven by a rise in unit sales in its newly-launched project in west Cairo, O West, in addition to El Gouna and Makadi Heights.

Amer Group Sees Lower Profits in H1

Amer Group Holding posted a 54% year-on-year slump in its consolidated profits for the first half of 2019, mainly due to lower sales.

UAE’s Aldar Properties Mulls Investments in Egypt

Abu Dhabi's listed real estate developer Aldar Properties seeks to tap into Egypt's housing market, as part of its regional expansion plans.

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