2020
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Developers
The Address Investments Receives Best Sales Award
Tuesday, 2 February 2021
The Address Investments receives Best Sales Award from the Reedy Group, owner of the Azzar project in the Golden Square in the Fifth Settlement, Invest-Gate reports.
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Business Developers Investment
Dubai Property Market Recovers
Sunday, 31 January 2021
The Dubai property market has shown signs of recovery in the second half of 2020, despite the mobility restrictions and economic downturn caused by the coronavirus pandemic, Zawya reports.
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Developers
SODIC Achieves EGP 7.4 bn Sales in 2020
Sunday, 24 January 2021
Sixth of October Development & Investment Company “SODIC” releases its operational results for 2020, with gross contracted sales rose 2% YoY to reach a new record of EGP 7.4 bn, Invest-Gate reports.
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Business
Dubai Property Prices Drop 0.9%, Rents Fall 6.9% in Q3 2020
Wednesday, 23 December 2020
The Central Bank of the UAE (CBUAE) has reported that residential prices in Dubai dropped 0.9% YoY in Q3 2020, referring to inexorable pressure from the ongoing Coronavirus crisis.
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Developers
MIP Posts EGP 2 bn Contractual Sales in 2020: CEO
Wednesday, 23 December 2020
Egypt-based real estate developer Misr Italia Properties (MIP) has managed to record contractual sales of EGP 2 bn in 2020, paired with the delivery of mixed-use units at five different property projects nationwide, despite the Coronavirus-induced slump.
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Business
Businesses to Return to Pre-Corona Profit Levels Before 2023: HSBC
Monday, 7 December 2020
Results of a recent HSBC poll show that almost nine in 10 (89%) Egyptian businesses forecast revenue growth in 2021, whereas 83% foresee their bottom lines to bounce back to pre-Coronavirus levels by the end of 2022.
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Developers
Misr Italia Properties Starts Delivery of IL BOSCO in 2020
Tuesday, 4 February 2020
Misr Italia Properties (MIP) announced it will start the delivery of the first phase of 'IL BOSCO' in 2020 ahead of schedule set in 2021
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Government
Real Estate Development Chamber Reviews 2020 Plans
Sunday, 26 January 2020
Egypt’s cabinet is currently reviewing the Real Estate Development Law legally to be sent soon to the parliament for approval
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Developers
ARDIC to Deliver Zizinia El Mostakbal by 2020
Wednesday, 12 July 2017
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. -
Construction
Egypt Eyes Production of 84 mn Tons of Cement by 2020
Thursday, 11 May 2017
Egypt is eyeing the production of 84 mn tons of cement annually starting from 2020, Invest-Gate reports.
Latest News
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Oriental Urban Development Injects EGP 900mn in NAC's Jnoub in 2021
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Stock | Price | Change % | Volume |
EMRI | 5.82 | 1.22% | 142,067 |
DAPH | 16.70 | 2.67% | 6,220 |
AREH | 14.40 | -0.21% | 135,855 |
ORHD | 5.84 | 0.00% | 2,180 |
GIHD | 14.75 | 0.00% | 550 |
Last Modified March 7, 2021