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Real Estate
Arab Contractors in talks for new projects in Angola
Egypt’s state-run construction firm Arab Contractors (AC) is in talks to implement new projects in Angola,
Egypt’s Amer Group profit jumps 226% in 2021
Egyptian real estate firm Amer Group reported on Wednesday a 226 percent year-on-year surge in consolidated profit…
Egypt’s anticipated biggest IPO to take place within two years – official
Egypt plans to sell stake in the state company behind its new capital city, Administrative Capital for Urban…
Egyptian property firm Palm Hills 2021 sales hit record
Egyptian property firm Palm Hills Developments said on Tuesday its sales reached an all-time high last year,…
Egypt’s government gives go-ahead to new capital expansion
Egypt’s government gave the go-ahead to the expansion of the country’s new administrative capital on Wednesday,…
Egypt’s Porto Group announces rebrand to Arab Developers Holding
Egypt’s property developer Porto Group announces on Tuesday its rebrand to Arab Developers Holding.
EFG Hermes, Madinet Nasr for Housing sign sale and leaseback deal
Egyptian investment bank EFG Hermes announced on Sunday that it had signed a sale and leaseback agreement worth 750…
Orascom Development Holding aims to lower its CHF 454 million debt portfolio – exec…
Egypt’s Orascom Development Holding aims to decrease its current debt portfolio which is worth CHF 454 million…
SODIC signs EGP1.57 bln credit facility with Banque Misr, AAIB
Egypt’s property developer SODIC signed on Thursday a long-term credit facility of 1.57 billion Egyptian pounds…
Egypt’s new capital a gateway for Sinai Peninsula development – minister
Egypt’s new administrative capital is just the beginning of stimulating a comprehensive development for the Sinai…