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Real Estate
Orascom Development records 45.2% profit increase in 2022
Orascom Development Egypt (ODE) has recorded a net profit up 45.2 percent to record 1.9 billion Egyptian pounds…
Tycoon Tower in NAC sells 50% of its units for EGP 2bln
Nile Developments announced on Monday that its Tycoon tower sold 50 percent of its first phase for EGP 2 billion.
Emaar Misr 2022 net profit grows 59.3% y-o-y
Egyptian property developer Emaar Misr reported on Tuesday a 59.3 percent year-on-year growth in profit during…
Egypt’s Palm Development sells its entire stake 18,23% in Incolease
Egyptian Palm Hills Development Company sold its entire stake 18.237 percent in the International Financial Leasing…
UAE’s Aldar, Diamond Developers to launch 1st sustainable city in Arabian Peninsula
UAE’s Aldar Properties and Diamond Developers will build the first sustainable city in the Arabian Peninsula that…
Chestertons partners with Gemini to kick off Egypt operations
Dubai-based property consultancy major Chestertons International announced on Monday an affiliation agreement with…
Egyptian billionaire Nassef Sawiris buys $24mln Trousdale Estates – report
Egyptian billionaire Nassef Sawiris was the mystery buyer who recently paid north of $24 million for a strikingly…
Egypt’s Talaat Moustafa Group 2022 sales hit record of EGP33.2 billion
Egyptian real estate giant Talaat Moustafa Group Holding (TMG Holding) announced on Monday that it had achieved…
Orascom Development Egypt approves due diligence for SODIC takeover offer of ORE
Egyptian property developer SODIC has received an approval from Orascom Development Egypt to go ahead with the due…
Egypt’s SODIC offers to acquire 100% of Orascom Real Estate
Egyptian property developer SODIC has submitted on Monday a non-binding cash offer to acquire 100 percent share…