Marseilia Almasreia Alkhalegeya’s Board Approves EGP 20.7 Mn Dividends for H1 2023

Marseilia Almasreia Alkhalegeya Real Estate Investment is on its way to distributing EGP 20.765 mn, or EGP 0.1 per share, dividends for the first half of 2023, Invest-Gate reports.

Palm Hills Sales Surge 84% on Strong Demand Across Projects

Egyptian property developer Palm Hills Developments (PHD) saw new sales jump 84% in the first half of 2023, boosting revenues, as demand strengthened across multiple projects, Invest-Gate reports.

Emaar Misr Launches New Facility Management Unit

It is worth noting that Emaar Misr reports a net profit of EGP 6.56 bn in 2022, up from EGP 4.11 bn a year earlier.

TMG’s Consolidated Net Sales Rise 16% YoY in 9 Months

Fixed revenue of the real estate sector grows to EGP 10.7 bn in the nine-month period that ends on September 30th from EGP 9.1 bn the year before.

Arab Developers Holding Contracts Solid Capital to Evaluate its Unit

Arab Developers Holding assigns Solid Capital for Financial Advisory as an independent financial advisor to evaluate one of the group’s subsidiaries, Invest-Gate reports.

Arab Developers Holding Achieves EGP 900 mn in sales in H1

Arab Developers Holding achieves a record boom in its sales in H1 2022, Invest-Gate reports.

ODE Records EGP 4.7 bn in Real Estate Sales in H1

Orascom Development Egypt (ODE) achieves real estate sales of EGP 4.7 bn in H1 2022, with 16.9% growth compared to H1 2021, Invest-Gate reports.

MNHD Registers EGP 236.9 mn in Profits in H1

Madinet Nasr for Housing and Development (MNHD) releases its standalone financial results for the six months ended June 30th 2022, Invest-Gate reports.

TMG Logs 27% Profits in H1

Talaat Moustafa Group Holding (TMG) releases its consolidated financial results for H1 2022, Invest-Gate reports.

Orascom Development Generates EGP 1.9 bn in Revenues in Q1

Orascom Development Egypt starts the year with strong operational and financial results and a significant increase in the real estate segment’s performance and enhanced business performance of the hotels and town ...

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