Arab Developers Holding Posts Record Results in Q3 2023

Real estate giant Arab Developers Holding has accomplished unprecedented sales and profits in the third quarter, cementing its position as an industry leader, Invest-Gate reports.

Orascom Development Egypt Starts the Year with Strong Results

Orascom Development Egypt (ODE) starts the year with strong positive operational and financial results across all its destinations, recording a net profit of EGP 384 mn in the first quarter, Invest-Gate reports.

TMG’s Revenues Surge 29% YoY in 2022

The company’s 2022 revenue includes EGP 14.7 bn from real estate and EGP 2.6 bn from hospitality.

Majid Al-Futtaim Logs AED 1.9 bn in Profits in H1

Majid Al Futtaim announces its audit financials for H1 2022, Invest-Gate reports.

Palm Hills Developments Records EGP 10.7 bn in Sales in H1

Palm Hills Developments achieved new sales of EGP 10.7 bn in H1 2022, a 38% growth compared to EGP 7.7 bn in H1 2021, Invest-Gate reports.

MCDR Achieves Highest Quarterly Profits Ever

Misr for Central Clearing (MCDR) records the highest quarterly profit rate ever Q1 2022, Invest-Gate reports.

ODE Releases its Financial Results for Q1 2021

Orascom Development Egypt (ODE) has released its financial results for Q1 2021, Invest-Gate reports.

Egypt’s Suez Canal Achieves Higher Revenues

Egypt’s Suez Canal Authority Chairman Osama Rabie said the canal achieved a 2 % increase in its revenues to USD 1.907 bn during the first four months of 2020

Egypt Tax Revenues Reach EGP 88.6 bn in Q1

Egypt's tax revenues has increased in the first quarter of FY2017-18, Al-Ahram newspaper reports

Suez Canal Records 4.1% Increase in Revenues

The Suez Canal records revenues of USD 853.7 mn in March and April, up by 4.1% compared to USD 820.4 mn in the same period last year, Invest-Gate reports.

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