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Real estate companies’ EGX listing offers cheap funds, expansion: Developers

  /  April 19, 2015  /  Business  /  No Comments

While situation is stabilising in Egypt, real estate developers believe market has greater growth potential

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Emaar Misr registers EGP 172.7m in Q1 net profits

  /  April 19, 2015  /  Business  /  No Comments

Company will discuss amending the chairman’s position in a 20 April meeting

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Orascom Development Holding records $37.01m net profits in 2014

  /  April 14, 2015  /  Business  /  No Comments

The group had accumulated losses worth $171.3m in 2013

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Heliopolis Company targets EGP 200m profits for FY 2015/2016

  /  April 14, 2015  /  Business  /  No Comments

Company is studying issuing two tenders for four real estate projects

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Palm Hills, MNHD sign MoU establishing residential project

  /  April 12, 2015  /  Business  /  No Comments

Project’s revenues will range between EGP 4.6bn to EGP 5.5bn

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NUCA budget doubled to EGP 28bn in FY 2015/2016

  /  April 8, 2015  /  Business  /  No Comments

New Upper Egypt cities will have a share in Authority’s development plans

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PPP mechanisms main focus of Government & Developer Summit

  /  April 5, 2015  /  Business  /  No Comments

The summit, entitled “The new Egyptian experience for reconstruction”, is set to raise the issue of the private sector participating in government mega projects

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Arabtec approval to be applied on NUCA partner projects

  /  April 5, 2015  /  Business  /  No Comments

New Cairo, 6th of October, Sheikh Zayed and Al-Shorouk cities excluded from list of new cities in which both entities work together, says Housing Minister

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Legal restrictions behind absence of Egyptian developers in Saudi Arabia

  /  April 4, 2015  /  Business  /  No Comments

Despite growing market, countless opportunities and housing shortage, Egyptian firms unable to break ground in Gulf state

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Fluctuations in oil markets affect real estate sector significantly

  /  April 4, 2015  /  Business  /  No Comments

Cityscape Egypt to take place September 2015, says Sabbour

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Delta Construction increases capital by EGP 25.7m

  /  March 29, 2015  /  Business  /  No Comments

Company earned net profits worth EGP 4.3m in 2014, compared to EGP 7.6m in 2013, marking year-on-year decrease of 43.4%

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17% of Middle East wealth builders invest in real estate: Citi

  /  March 29, 2015  /  Business  /  No Comments

Households with financial assets of $100,000-$2m comprise world’s fastest growing wealth segment

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EGP 2bn investments in coming 2 years: Mohammed Abou El-Enein

and   /  March 24, 2015  /  Business  /  No Comments

Investments will include new project in Marsa Alam and shopping mall in Sheikh Zayed

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Laws regulating real estate sector need more clarity: Capstone’s Sherif Raafat

  /  March 22, 2015  /  Business  /  No Comments

Ex-chief of bourse heads real estate funds worth $250m

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Secon signs 3 contracts to design new real estate projects

  /  March 22, 2015  /  Business  /  No Comments

Projects will be built on 100 acres, with investments valued at EGP 2.5bn

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Growth awaits residential, commercial real estate development: EIG Inc marketing and sales director

  /  March 18, 2015  /  Business  /  No Comments

Big demand for middle, upper-middle housing units by large segment of society, significant increase in demand of malls and administrative centres

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Business leaders await definitive steps in economic transition

  /  March 18, 2015  /  Business  /  No Comments

‘We are optimistic about economic reforms,’ leaders say

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GAFI signs free trade zone agreement with Ajman Free Zone: Al-Hashemi

  /  March 12, 2015  /  Business  /  No Comments

Ajman plans Egyptian free trade zone cooperation to support SMEs, economic growth

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Actis wins Africa and Infrastructure firm of the year

  /  March 9, 2015  /  Business  /  No Comments

The awards had an exceptionally strong turnout this year with over 35,000 votes cast by investors

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Saudi to invest EGP 1bn in real estate at Economic Summit: Madbouly

  /  March 8, 2015  /  Business, Egypt Economic Development Conference  /  No Comments

Number of real estate units being built annually estimated at 250,000 units, demand is estimated at 600,000 units

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Real estate investors hope for growth with government-related initiatives: Experts

  /  March 1, 2015  /  Business  /  No Comments

Real estate workers are hoping the sector will recover and return to the growth rates visible prior to the 25 January Revolution. It is hoped the recovery will stem from the government’s Suez Canal Project read the rest…

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Latest

Property Finder is a platform offering digital marketing solutions to real estate companies in Egypt: Country manager

  /  February 24, 2015  /  interviews, Technology  /  1 Comment

Property Finder considers the Egyptian market to be a strategic market due to its large population, exceeding 90 million people, in which more than 45 million use internet, noted Hammad.

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Abraj Misr to start EGP 4.5bn project in April

  /  February 23, 2015  /  Business  /  No Comments

The project is expected be completed by 2018

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74.2% Y-o-Y increase in Palm Hills’ revenues

  /  February 23, 2015  /  Business  /  No Comments

Net profit reached EGP 353.3bn, according to real estate company

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Housing ministry proposes EGP 150bn project in Economic Summit

  /  February 22, 2015  /  Business, Egypt Economic Development Conference  /  No Comments

“October Oasis” will be built over 10,000 acres in southern 6th of October City

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Latest

Additional EGP 500m investments expected for new opportunities: SODIC managing director

  /  February 15, 2015  /  interviews  /  No Comments

Cash flow for next five years expected to be EGP 17bn, company is interested in coastal opportunities, says Ahmed Badrawi

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Arabtec project will increase competition in real estate market

  /  February 15, 2015  /  Business  /  No Comments

Arabtec project will have more advantages than other real estate companies, because of collaboration with Ministry of Housing

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Emaar Properties reports 30% Y-o-Y increase in net profit

  /  February 15, 2015  /  Business  /  2 Comments

Last week, Emaar Misr made official request to list on Egyptian stock market

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Latest

Housing projects, land offered at month’s end: Minister of Housing

  /  February 11, 2015  /  Business  /  No Comments

Allocation of EGP 28bn underway for new housing budget

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EGP 1.6bn capital increase approved by Palm Hills’ general assembly

  /  February 9, 2015  /  Business  /  No Comments

Real estate company seeks to expand its commercial and residential portfolio

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