New City Housing and Development Company

Ghabbour, Other Investors Acquire NCHD for USD 50 mn

Monday, 21st December 2020
by Invest Gate

Some Egyptian businessmen have recently acquired the New City Housing and Development Company (NCHD), a subsidiary of Orascom Development Egypt (ODE), through an English investment fund and one of GB Capital compa ...

ODE Sells 35.25% Stake in Subsidiary for Almost EGP 129 mn

Tuesday, 15th December 2020
by Invest Gate

Orascom Development Egypt (ODE) has signed off on selling a 35.25% stake in its subsidiary New City Housing and Development Company (NCHD), at a total cost of EGP 128.6 mn, in line with its strategic plans to rein ...

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Ghabbour, Other Investors Acquire NCHD for USD 50 mn

ODE Sells 35.25% Stake in Subsidiary for Almost EGP 129 mn

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