Government halts 10% capital gains tax for 2 years after market investor pressures
Market indices increase more than 5% following the decision
Emaar Misr recommends fair price of EGP 4.7 per share, trading mid-June
EFSA is yet to study and approve real estate company’s recommendation
30% of TDA projects will be via public EGX subscription: Serag el Din Saad
Authority will have to put general plan for mega projects whose land…
EGP 218m Palm Hills net profit in Q1 of 2015
Palm Hills achieved sales of EGP 1.35bn, sales doubled for high-profit projects…
EFG Hermes increases capital by EGP 391.83m
Increasing authorised capital from EGP 3.2bn to EGP 6bn has also been…
Timeframe for EFG Hermes capital increase yet to be announced: Investors’ Relations
EFG Hermes plans to increase capital by EGP 391.83m
Real estate companies’ EGX listing offers cheap funds, expansion: Developers
While situation is stabilising in Egypt, real estate developers believe market has…
Administrative Court rules favourably for Sinai companies’ EGX listing
EFSA expresses surprise at decision taken without GAFI approval
Heliopolis Company targets EGP 200m profits for FY 2015/2016
Company is studying issuing two tenders for four real estate projects
Stocks traded in Q1 2015 record EGP 79.8bn
Egyptians controlled 83.96% of the value traded during the quarter, EGX report…