AREH 9-Month- Standalone Profit Falls

Egyptian exchange-listed company, Real Estate Egyptian Consortium (AREH), announces the nine- month- standalone- net profit after tax amounts to EGP 26 mn as opposed to its EGP 35.8 mn of last year

Invest-Gate Named Nile Property Expo Official Publication

Exclusively, Invest-Gate, the voice of real estate, is named the official publication of the Nile Property Expo to kick off in Abu Dhabi on its world tour mid December.

Egypt’s Pharos Holding Targets Deals Worth USD 400 mn

Egypt's Pharos Holding is targeting deals worth EGP 7.5 bn (USD 428 mn) over the next 18 months as it moves into non-banking sectors and enters areas such as real estate financing in 2018

SODIC, CIB Ink EGP 270 mn Credit Facility Agreement

Egyptian-based Sixth of October for Development and Investment Company (SODIC) announces a new credit facility agreement with Commercial International Bank (CIB)

Heliopolis Housing Sees Higher Profits by July-End

Egyptian real estate company, Heliopolis for Housing and Development, posts a 256% profit rise by the end of July 2017 compared to the same period of 2016

Marseilia Land El Alamein Delivers its First and Second Phases

Marseilia Land El Alamein project, affiliated to Marseilia Real Estate Investment, announces the complete delivery of phases I and II in New El Alamein City

Golden Pyramids Plaza Swings to Profits in H1

The mixed-use real estate development company, Golden Pyramids Plaza, turns profitable in H1 of 2017 compared to the same time last year

Al Ahly for Real Estate Development Unveils New Project

Egypt’s Al Ahly for Real Estate Development announces its latest project in partnership with Al Mostakbal City

New Administrative Capital’s Units launched This September

The government is to launch the sale of villas and apartments at the New Administrative Capital beginning of September and right after the Adha Feast holiday

OUD Pumps EGP 500 mn in Heliopolis Hills Project

Oriental for Urban Development (OUD) invests more than EGP 500 mn in its residential project Heliopolis Hills in Obour City, Invest-Gate reports.

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