Egyptian developer Sodic net profit up 41pcSixth of October Development & Investment Company (Sodic), a leading Egyptian developer, said it has begun 2018 on a solid note with exceptionally strong profitability and land bank developments shaping the first three months of the year. More… |
Egyptian developer to start work on Tower BayEgyptian real estate company Tower Developments is set to start work on the first phase of its flagship Tower Bay project in Port Said by May next year, said a report. The first phase, being built at a cost of E£800 million More… |
Egyptian contractor to hand over 16 residential buildingsEgypt-based leading contracting company Al Abd aims to deliver 16 residential buildings at a total cost of E£200 million ($10.6 million) in Al Asmarat City, Mokattam, by the end of June this year, said a report. Al Abd is ca More… |
Egyptian developer Azmeel eyes GCC forayEgyptian property developer Azmeel Group has announced plans to enter the lucrative Gulf property market with a major focus on tourism projects, said a report. The Cairo-based group had recently developed Selena Bay project in Hur More… |
Egyptian developer plans new tourism projectEgypt's Al Ahly For Real Estate Development is set to start work on a new tourism project on the north coast in partnership with a leading real estate investments company this year. The project, which will be developed under t More… |
Egypt developer starts work on key housing projectLeading Egyptian developer Wadi Degla has started construction work on its major residential project, Neopolis, which will come up on a 2.2-million-sq-m area in New Cairo, said a report. The project, located in the Future City, wi More… |
Sodic chairman steps downSixth of October Development and Investment Company (Sodic), the third biggest listed property developer in Egypt, said its chairman Magdy Rasekh, has resigned from the company's board. In a statement to the Egyptian Stock Exchange, Sodic More… |