Egypt’s Misr Cement H1 Profit Falls

• Friday, 14th July 2017
• by Menna A. Farouk

Egypt's Misr Cement announces the consol net profit after tax at EGP 50.6 mn versus EGP 137.6 mn year ago, Invest-Gate reports.

Gov’t to Offer New Social Housing Units for EGP 200,000

• Friday, 14th July 2017
• by Menna A. Farouk

The government plans to launch new units in the near future, Invest-Gate reports.

Inertia Announces Updates on Jefaira

• Friday, 14th July 2017
• by Menna A. Farouk

Egyptian real estate company Inertia reveals details on a residential project in the North Coast, Invest-Gate reports.

Hassan Allam Unveils SwanLake North Coast

• Friday, 14th July 2017
• by Menna A. Farouk

Egyptian property developer Hassan Allam Properties uncovers a new beach destination worth USD 200 mn in the North Coast, Invest-Gate reports.

Cairo’s Hotel Occupancy Rates Fall in May

• Wednesday, 12th July 2017
• by Menna A. Farouk

Cairo’s hospitality market witnesses a 10.1% year-on-year decline in occupancy in May 2016, Invest-Gate reports.

ARDIC to Deliver Zizinia El Mostakbal by 2020

• Wednesday, 12th July 2017
• by Menna A. Farouk

Egyptian real estate developer ARDIC for Real Estate Developments and Investments is to deliver all units of its residential project Zizinia El Mostakbal by 2020, Invest-Gate reports.

Bombardier to Build Egypt’s New Metro Line with USD 4bn

• Wednesday, 12th July 2017
• by Menna A. Farouk

Egypt is signing a memorandum of understanding with Canadian plane and train manufacturer, Bombardier Inc., to finance and construct Cairo’s sixth metro line, with an initial cost estimated at USD 4 bn, Invest-Gate reports.

Al-Futtaim Signs Deal with Four Banks to Conclude Phase II of Cairo Festival City

• Tuesday, 11th July 2017
• by Menna A. Farouk

Dubai-based leading real estate developer, Al-Futtaim Properties, signs an agreement with four banks to borrow EGP 125 bn (USD 69.9 mn) and finance part of the second phase of a giant project east of Cairo, Invest-Gate reports.

Egyptian Iron & Steel Records EGP 1.11 bn Sales in 11 Months

• Tuesday, 11th July 2017
• by Menna A. Farouk

Egyptian Iron and Steel registered lower sales in the first eleven months of FY2016-17 compared to the prior-year period, Invest-Gate reports.

New Giza for Real Estate Development Unveils Goldcliff Phase I

• Tuesday, 11th July 2017
• by Menna A. Farouk

New Giza for Real Estate Development Company is launching the first phase of a new residential project in New Giza, Egypt, Invest-Gate reports.