News / Egypt

Marseilia Land El Alamein Delivers its First and Second Phases

Marseilia Land El Alamein project, affiliated to Marseilia Real Estate Investment, announces the complete delivery of phases I and II in New El Alamein City

Saudi Prince Eyes Investments in Egypt

Egyptian Minister of Investment and International Cooperation Sahar Nasr meets Saudi Arabia’s Prince Khaled bin Talal bin Abdulaziz Al Saud to discuss investment opportunities

Two Saudi Investors Mull USD 2.15 bn Investments in Egypt

Egypt is discussing with two leading Saudi firms possible business opportunities

Golden Pyramids Plaza Swings to Profits in H1

The mixed-use real estate development company, Golden Pyramids Plaza, turns profitable in H1 of 2017 compared to the same time last year

Egypt’s Housing and Development Bank Q2 Consol Profit Rises

Cairo-based Housing and Development Bank announces a rise in its consol net profit at EGP 259.1 mn during the second quarter of 2017, compared to EGP 222.7 mn at the same time last year

Singapore Cooperates With Egyptian Gov’t to Develop SCZone

Egypt and Singapore agree on a mutual co-operation in upgrading ports, shipbuilding and growing investment in the SCzone

Al Ahly for Real Estate Development Unveils New Project

Egypt’s Al Ahly for Real Estate Development announces its latest project in partnership with Al Mostakbal City

New Administrative Capital’s Units launched This September

The government is to launch the sale of villas and apartments at the New Administrative Capital beginning of September and right after the Adha Feast holiday

SODIC, AAIB Sign Contract to Increase Credit Facility

Cairo-based real estate developer Sixth of October Development and Investment Company (SODIC) signs a new contract with Arab African International Bank (AAIB) to increase its credit facility amount, Invest-Gate reports.

Orascom Construction Q2 Consol Profit Falls

Cairo-based global engineering and construction contractor Orascom Construction reports consol profit attributable to shareholders dropping to USD 23.7 mn during the second quarter of 2017 from USD 26 mn in the same period one year ago, Invest-Gate reports.

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