Damac Posts Lower Profits in Q3- 2017

UAE’s developer, Damac Properties, announces a decline in its profits year-on-year in the third quarter of 2017

Egypt FDI Rises By 27.5% in FY2016-17

Egypt saw a significant rise in its foreign direct investment (FDI) during FY2016-17

Marseilia Egyptian Gulf Real Estate Investment H1 Profit Falls

Marseilia Egyptian Gulf Real Estate investment announces a fall in profits for the first half of 2017 as its net profit totalled EGP 5.4 mn in 2017 compared to 15.4 mn in the same period a year earlier, Invest-Gate r ...

HDB Posts H1 Profits of EGP 599.2 mn

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

TMG Holding to Raise Sales Budget

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

SMEs Win 50% of Expo 2020 Dubai’s 2017 Contract Awards

Small- and medium-sized enterprises (SMEs) receive more than 50% of the contract awards related to Expo 2020 Dubai as of June this year, Invest-Gate reports.

HDB Profits Grow 203% in Q1

Egypt’s Housing and Development Bank (HDB) posts consolidated profits of EGP 556.8 mn in Q1 of 2017, up 203% y-o-y from EGP 183.7 mn, Invest-Gate reports.

Egypt’s Budget Deficit Down to 8 % of GDP

Egypt's budget deficit for the first nine months of the FY2016-17 ending in June dipped to 8% of GDP from 9.4% during the same period last year, Invest-Gate reports.

UAE Commercial Property to See Modest Demand In 2017

The UAE commercial real estate industry will continue to witness “soft” demand in 2017, Invest-Gate reports.

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

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 repo ...

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