ODE Posts 253.4% Surge in H1 Sales

Orascom Development Egypt's (ODE) net sales hiked by 253.4% to EGP 4.2 bn in H1 2019, compared to EGP 1.2 bn a year earlier, driven by a rise in unit sales in its newly-launched project in west Cairo, O West, in a ...

Egypt Logs EGP 35.6 bn Initial Budget Surplus in 9M: Minister

The Egyptian government managed to record an initial budget surplus of EGP 35.6 bn during the first nine months of FY 2018/19.

ERC Posts EGP 126.3 mn Net Revenues in FY 2018

Egypt’s master and real estate developer Egyptian Resorts Company recorded net revenues of EGP 126.3 mn in FY 2018, down 55% YoY from EGP 281.1 mn a year earlier.

Amer Group Decides to Delist from EGX

Egypt-based property developer Amer Group said its board decided to voluntarily delist the company’s shares from the Egyptian Stock Exchange (EGX).

Palm Hills Targets EGP 14 bn Sales in 2019

Egypt's property developer Palm Hills Developments said it targets new sales worth EGP 14 bn in 2019.

Orascom Construction’s Adjusted Net Income Rise 208.5% in Q3 2018

Egypt-based Orascom Construction maintained its positive position in the third quarter of 2018, posting a 208.5% surge in its adjusted net income of USD 69.1 mn versus USD 22.4 mn in the year-ago period, excluding ...

Egypt Revenues Leap 35.5% in Q1 FY2018/19: Minister

Egypt's Finance Minister Mohamed Maait said that the state's revenues soared by 35.5% in Q1 of FY 2018/19, putting the government on track to achieve its targeted primary budget surplus of 2%

Coldwell Banker Egypt Celebrates 2017 Achievements

Coldwell Banker Egypt has celebrated last year’s success in their annual event that took place last night

Egypt Tourism Revenues Rise 123.5% to USD 7.6 bn in 2017

Egypt’s tourism revenues increased 123.5% year-on-year to USD 7.6 bn in 2017

Aldar Sees AED 601 mn Profits in Q3

Abu Dhabi-based property developer Aldar Properties posts net profit of AED 601 mn in the third quarter of 2017

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