Palm Hills Development’s Sales Surge 22% YoY in Q1 2023

Palm Hills Development achieves EGP 6.8 billion in new sales during the first quarter (Q1) of 2023, a 22% increase compared to EP 5.5 billion in the year-ago period, Invest-Gate reports.

Badya Pushes Palm Hills’ Sales 22% Higher in Q1 2023

Yassin Mansour, chairman of Palm Hills Development Co., says the company’s sales rose 22% in the first quarter, driven by a 54% increase in sales at the Badya development, 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.

SODIC Achieves EGP 2.78 Bn Contractual Sales in Q1 2023

SODIC sells 274 units in Q1 2023 generating gross contracted sales of EGP 2.78 bn, a decrease from EGP 3.74 bn in Q1 2022, Invest-Gate reports.

Modon Developments Celebrates Distinguished Performance with Iftar Party

Modon Developments organizes an Iftar party for its employees at Baron Palace in Heliopolis to celebrate outstanding results in different projects, Invest-Gate reports.

EGICS Development Sells 50% of Haven Tower

Ehab Abul-Hadid, CEO of EGICS Development, notes that 50% of the sales of its Haven Tower project in the New Administrative Capital have been completed, Invest-Gate reports.

Orascom Development to Deliver 1000 Residential Units in 2023

O West continues to accelerate construction, with 444 villas already built and the construction of 1,015 apartments and 236 townhouses currently underway.

XLand Developments Launches Lake View; Expecting EGP 500 mn in Sales

Lake View includes a social club, a gym, swimming pools, and cafes, and the units' areas range between 63 sqm and 230 sqm, and the engineering consultant for the project is Eng. Muhammad Arafa, and the architectur ...

Ibtkar Real Estate Completes Marketing 80 Projects in New Cairo, Achieving EGP 1 Bn in Sales

The company owns many projects in New Cairo, 80 projects out of a total of more than 100 projects have been marketed, due to the company's provision of many flexible payment systems, according to Ali Arafa, Sales ...

Orascom Development Egypt’s Revenue Jumps 45.6% YoY in 2022

The destination management revenue grows by 36% YoY to EGP 1.4 bn.

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