Abraaj Group To Acquire 2 Egyptian Companies
Abraaj Capital, today announced an agreement to acquire two Egyptian companies listed in Egyptian stock market.…
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Real Estate
In Week, Egypt Shares Gain EGP14.6 billion, EGX30 Crosses 2008 Levels
In a week, Egypt’s stock exchange resumed its rally once again to attain gains totalling 14.6 billion Egyptian…
Emaar Misr To Spend $860 Mln On Cairo Building Project
Emaar Properties' Egyptian subsidiary, Emaar Misr, will spend up to 6 billion Egyptian pounds ($861.91 million) on…
El Kahera Housing to Discuss Capital Cut by Feb. 27
El Kahera Housing & Development (ELKA.CA) will hold a general assembly meeting on February27 in order to…
Dubai’s TI’ME Plans New Hotels in UAE, Qatar, Egypt
TI’ME Hotels Management will open properties in Ajman, Luxor, Qatar and Abu Dhabi over the next 18 months, taking…
Amer Group Begins Construction in EGP6 Billion Porto October Project
Leading regional developer Amer Group (AMER.CA) has begun construction work on the first phase of its EGP 6 billion…
New Legislative Amendments To Support The Real Estate Sector, Minister
Cityscape Egypt, one of the leading real estate exhibitions in the Middle East and the world, today discusses ways…
OCI Incurs LE 628 M Loss In 9 Months
Orascom Construction Industries (OCIC) reported financial results posting a net loss of LE 628.5 m for the period…
Arabtec Wins Aabar’s $6.1 Billion Contract For U.A.E. Towers
Arabtec Holding Co. (ARTC) has won a 22.44 billion dirham ($6.1 billion) contract from Aabar Properties to build 37…
Orascom Construction Awarded $300m Contracts In Egypt And KSA
Orascom Construction (OC) recently signed $300m in contracts, securing new work in Egypt and Kingdom of Saudi…