Hometown Developments Targets EGP 2 Bn Sales in 2023
The company announces that its plan for the year focuses on accelerating construction rates and delivery of its projects.
Kimit Real Estate Invests EGP 4 Bn in Egypt
The company achieves up to EGP 3 bn in indirect sales in 2022 and enters into partnerships with more than 200 developers in various fields including residential, administrative, commercial, entertainment, and tour ...
TMG’s Sales Hit EGP 33.2 Bn in 2022
Earnings before interest, taxes, depreciation and amortization (EBITDA) jumped threefold to more than EGP 1 bn in 2022 from EGP 372 mn in 2021.
Misr Italia Generates EGP 9 Bn in Sales in 2022
In 2022, MIP launches a new phase in the Vinci project, Vinci Lagoons, in the New Administrative Capital on 5,000 sqm with a coastal line of 700 meters.
Gates Developments Sells 2 Phases of GATES PRIVÉ Project in 2 Weeks
The project comprises 97 housing units, including villas, townhouses, and twin villas, in addition to a shopping mall located at 12,000 sqm.
Akadia Developments Honors Staff for Generating EGP 500 Mn in Sales
CEO of Akadia Developments, Hana Raouf, says that despite the project’s tough competition with many projects in the New Administrative Capital and the impact of the global economic crisis on sales, the company sol ...
Orascom Development Egypt Logs 26.1% YoY Higher Net Income in 9 Months
The company’s total revenue surges to EGP 6.7 bn in 9 months to September 30th 2022 from EGP 4.9 bn in the same period a year earlier.
JLL: Egypt’s Real Estate Market Sees High Activity in Q3
Buyers were being selective and mainly opted to purchase property from well-reputed developers with strong balance sheets.
Arabisk Development Eyes Expansion in Egypt, GCC
Abdel Hamid Al-Wazir, Chairman of Arabisk Real Estate, notes that the company will open new branches and headquarters to keep pace with the expansion of its projects.
Akadia Developments Sells 60% of 2nd Project in NAC
She notes that sales of the second project exceed EGP 500 mn for 60% of the project.
