Gov’t to Develop Slums in Damietta for EGP 24.8 mn 

• Thursday, 17th August 2017
• by Menna A. Farouk

The government plans to develop unsafe areas in Damietta, Invest-Gate reports.

Egypt Signs USD 1.24 bn Light Rail Deal with AVIC

• Wednesday, 16th August 2017
• by Menna A. Farouk

Two Chinese state companies sign a USD 1.24 bn deal with Egypt to build a light rail system around Cairo, Xinhua reports.

ODE Net Sales increase by 100.1 % in H1 of 2017

• Wednesday, 16th August 2017
• by Menna A. Farouk

Orascom Development Egypt (ODE) announces that its net sales increase by 100.1% to EGP 718.7 mn in the first half of 2017 versus EGP 359.1 mn in the same period a year earlier, Invest-Gate reports.

WB Team to Visit Egypt Aug 20 for Loan Discussions

• Wednesday, 16th August 2017
• by Menna A. Farouk

A World Bank delegation is to visit Egypt on August 20-24 to reimburse the third tranche of a loan that aims at supporting Egypt's social and economic development program, Invest-Gate reports.

Mountain View Introduces iApartments 

• Wednesday, 16th August 2017
• by Menna A. Farouk

Egyptian real estate company Mountain View unveils new kind of homes as part of its iCity compounds in both New Cairo and 6th of October City, Invest-Gate reports.

HDB Posts H1 Profits of EGP 599.2 mn

• Wednesday, 16th August 2017
• by Menna A. Farouk

Egypt's Housing and Development Bank (HDB) posts a rise in its standalone profits during the first half of 2017, Invest-Gate reports.

El Batal Group Unveils RockVille Phase I

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

Egyptian private real estate developer El Batal Group is launching the first phase of its first Asian-themed compound RockVille, Invest-Gate reports.

TMG Holding to Raise Sales Budget

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

Egyptian real estate developer Talaat Moustafa Group Holding will raise the company's sales budget for 2017, Invest-Gate reports.

Emaar Launches Address Marassi Beach Resort

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

Egypt's Emaar Hospitality Group is launching its second hotel project Address Marassi Beach Resort overlooking Sidi Abdel Rahman Bay in the North Coast, Invest-Gate reports.

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.