TMG Holding Settles Disputes Over San Stefano Project

Talaat Mostafa Group (TMG) Holding has signed a settlement agreement to resolve over Alexandria’s San Stefano project.

TMG Holding Maintains Stable Financial Results in 2019

Talaat Moustafa Group (TMG) Holding maintained a stable pace of development last year, with real estate transactions dipping by 4% only to hit almost EGP 20.4 bn versus sales in 2018.

Inertia Intends to Develop Projects in Ain Sokhna, New Cairo

Egypt's real estate developer Inertia is planning to develop two new projects in Ain Sokhna and New Cairo, a step that comes after it posted record-high housing inventory of nearly EGP 100 bn.

Al Ahly Sabbour Targets EGP 6 bn Sales in 2019: CEO

Egypt's developer Al Ahly Sabbour Developments targets EGP 6 bn in sales of its projects in the current year, compared to EGP 5.5bn in 2018.

SODIC Intends Sealing EGP 7.2 bn Contracts in 2019

Egypt-based Sixth of October for Development and Investment (SODIC) intends to seal EGP 7.202 bn contracts in 2019, while also planning to invest around EGP 5.173 bn across its developments and its subsidiaries' p ...

MNHD Calls Off Planned Share-Swap With SODIC

Egypt’s Madinet Nasr for Housing and Development (MNHD) has called off a planned merger via a share-swap with the Sixth of October Development and Investment Company (SODIC) due to failure to reach an agreement wi ...

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