Arab Real Estate Investment H1 Consol Profit Up

• Tuesday, 15th August 2017
• by Hager Abdel Al

Arab Real Estate Investment Co. reports that its consol net profit amounts to EGP 5.7 mn during the first half of 2017 compared to EGP 5 mn in the same period a year previously, Invest-Gate reports.

Units in New Administrative Capital to Go Up for Sale in Week

• Monday, 14th August 2017
• by Menna A. Farouk

The government is launching an advertising campaign to promote the sale of housing units in the New Administrative Capital, Invest-Gate reports.

Porto Group Profits Hike in Q2

• Monday, 14th August 2017
• by Menna A. Farouk

Egyptian real estate developer Porto Group Holding posts higher profits during the second quarter of 2017 due to a growth in revenues, Invest-Gate reports.

Egypt Decreases Period To Obtain Industrial License

• Monday, 14th August 2017
• by Menna A. Farouk

The Egyptian government announces executive regulations for a new industrial licensing law to decrease the waiting time for new projects, Reuters reports.

Egypt’s TMG Holding Consol Profit Rises in H1

• Monday, 14th August 2017
• by Menna A. Farouk

Egyptian real estate developer Talaat Mostafa Group Holding announces a rise in its net profit in the first half of the fiscal year 2017, Invest-Gate reports.

Sisi Approves Joint Company Between DP World, SCZone Authority

• Sunday, 13th August 2017
• by Menna A. Farouk

Egyptian President Abdel-Fattah El Sisi is agreeing to establish a joint firm to carry out development projects in the Suez Canal Economic Zone, Egynews reports.

Palm Hills Developments Profits Hit EGP 137 mn in H1

• Sunday, 13th August 2017
• by Menna A. Farouk

Egyptian real estate developer Palm Hills Developments reports net profits after tax and minority interest of EGP 137 mn in the second quarter of 2017, an increase of 114% y-o-y from EGP 63.9 mn in the prior-year period, Invest-Gate reports.

AQARI Exhibition Brings Visitors Special Discounts, Feasible Payment Methods

• Saturday, 12th August 2017
• by Menna A. Farouk

The 11th round of Al-Ahram Real Estate Exhibition (AQARI) kicks off on August 10 at Dusit Thani hotel, New Cairo, bringing visitors special discounts and a wide range of feasible payment methods.

Madinet Nasr Housing Posts Profits of EGP 509.57 mn in H1 

• Thursday, 10th August 2017
• by Menna A. Farouk

Egyptian real estate developer Madinet Nasr Housing and Development reports a 246% year-on-year growth in net profits in the first half of the fiscal year 2016/2017, which ended on June 31, 2017, Invest-Gate reports.

President Sisi Approves Social, Economic Development Plan for FY17/18 

• Thursday, 10th August 2017
• by Menna A. Farouk

Egyptian President Abdel Fattah El Sisi ratifies the social and economic development plan for the fiscal year 2017/2018, Invest-Gate reports.