US Companies Willing to Invest in Egypt’s Transportation Sector

• Thursday, 18th May 2017
• by Fatma Khaled

US companies are willing to invest in Egypt’s transportation sector through developing railways, Invest-Gate reports.

SODIC Seeks to Buy Land Plots in North, West Cairo

• Thursday, 18th May 2017
• by Nayrouz Talaat

Egypt-based real estate company Sixth of October Development and Investment Company (SODIC) plans to buy new land plots worth EGP 600 mn in north and west Cairo, Invest-Gate reports.

Egypt, Kuwait Ink KWD 12.5-mn loan For Al-Arish Infrastructure

• Wednesday, 17th May 2017
• by Nayrouz Talaat

Egypt and the Kuwait Fund for Arab Economic Development (KFAED) sign a KWD 12.5-mn loan agreement to finance water access project in Al-Arish, North Sinai, Invest-Gate reports.

Egypt Sells 39 Land Plots for Developmental Projects in Sinai

• Wednesday, 17th May 2017
• by Fatma Khaled

Approximately 39 land plots spanning an area of 747 feddans have been sold at a total cost of EGP 51.3 mn through public lottery, Egynews reports.

SODIC’s Net Profit Rises 287.8 % y-o-y

• Wednesday, 17th May 2017
• by Nayrouz Talaat

Sixth of October for Development and Investment’s (SODIC) consolidated net profit for the first quarter of 2017 rises by 287.8% to EGP 211.9 mn, versus EGP 54.6 mn for the same period a year earlier, Invest-Gate reports.

Government to Protect State Land Plots from Violations

• Wednesday, 17th May 2017
• by Fatma Khaled

The government pledges to protect land plots in governorates across the country from encroachments, holding violators accountable, Invest-Gate reports.

Hyde Park Developments Unveils Park Corner Phase II and Plans in the North Coast

• Tuesday, 16th May 2017
• by Nayrouz Talaat

Egypt’s real estate developer, Hyde Park Developments (HPD), showcases their newest real estate projects during the “Egypt Property Show” (EPS) held from May 5 to 7 at the Dubai World Trade Center, Invest-Gate reports.

Egypt Property Show 2017 Achieves EGP 1 bn Deals

• Tuesday, 16th May 2017
• by Nayrouz Talaat

Egypt Property Show (EPS) 2017 has seen the participation of several Egyptian companies, sealing total sales of EGP 1 bn, Invest-Gate reports.

MNHD Profits Jump 494% in Q1

• Tuesday, 16th May 2017
• by Nayrouz Talaat

Egypt’s urban developer Madinet Nasr Housing and Development (MNHD) is posting consolidated net profits of EGP 407.2 mn in the first quarter of 2017, a surge of 493.6% y-o-y from EGP 68.6 mn in the same period a year earlier, Invest-Gate reports.

Al-Abd to Deliver 35 Residential Units in Social Housing Project

• Tuesday, 16th May 2017
• by Nayrouz Talaat

Egypt’s leading contracting company Al-Abd says it targets delivering 35 fully-furnished residential buildings as a part of a social housing project in the Sixth of October City within next November, Invest-Gate reports.