SODIC Releases The Financial Results of 9M 2021.

Sixth of October Development & Investment Company “SODIC”  releases its consolidated financial results for the period ending September 30, 2021

Orascom Development Egypt’s Revenues Jump 50.1% Y-O-Y in 9M

ODE maintains its growth momentum, recording revenue growth of 50.1% y-o-y to EGP 4.9 bn for the 9M 2021.

ODE Releases its Financial Statement for H1 2021

Orascom Development Egypt (ODE) reveals achieving good results in H1 2021 supported by a solid performance of the real estate segment and efficient cost management. The consolidated financial statement of ODE disc ...

TMG Logs 23% Profits Surge in H1 2021

The aggregate financial indicators of Talaat Moustafa Group Holding (TMG) reveal that the company's net profits jumped 23.16% YoY in H1 2021, hitting EGP 869.38 mn, up from the EGP 705.85 mn achieved in H1 2020.

Businesses to Return to Pre-Corona Profit Levels Before 2023: HSBC

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 20 ...

Elsewedy Electric Among Forbes’ 100 Top Mideast Companies in 2020

Egypt-based Elsewedy Electric has been recognized among the top 100 companies in the Middle East by Forbes, due to its sector-based contribution to significantly boost local economic growth.

Mountain View’s Latest West Cairo Project Logs EGP 1 bn Sales

Egypt's property developer Mountain View has launched "MV Park - The Lake," its latest residential project in 6th of October City, generating sales totaled at EGP 1 bn.

Emaar Misr Sees 49% Profit Decline in 2019

Emaar Misr for Development has said its profits fell by 49% year-on-year (y-o-y) to stand at EGP 1.74 bn in 2019, down from EGP 3.42 bn in 2018

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.

Orascom Investment Holding Turns to Losses in 9M

Orascom Investment Holding (OIH) turned to losses to incur EGP 92.4 mn in the first nine months of 2019, despite posting profits of EGP 1.07 bn during the same period, including minority rights.

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