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Palm Hills revenues surge to EGP 9.5 bn in 9M 2022, up 62% y-o-y
Palm Hills Developments reported record-high net income after tax and minority interest of EGP 911 mn in 9M 2022, up…
Human rights is still in the spotlight at COP27
Day four of jailed activist Alaa Abdel Fattah’s hunger- and water-strike continues to make human rights one of the big…
Schneider Electric to supply electric power equipment for real estate developers
Schneider Electric + real estate players to sign EGP 1 bn in contracts: France’s Schneider Electric is expected to sign…
MNHD income more than doubles in 9M 2022 + CIB’s bottomline rises 16% in 3Q 2022
Madinet Nasr Housing and Development’s (MNHD) net income was up 112% to record EGP 545 mn in the first nine…
e-Finance to launch cloud computing platform this month
EGX-listed e-payments giant e-Finance will launch a cloud computing platform later this month and has inked a protocol with the…
SODIC net income up 19% in 3Q 2022
Real estate developer SODIC’s bottom line rose 19% y-o-y in 3Q 2022 to EGP 142 mn, according to the company’s…
The 2036 Olympics could be coming to a new administrative capital near you
Egypt could be vying for a bid to host the Olympics in 2036 — how prepared are we? Hosting the…
SODIC offers to buy O West developer ORE for EGP 2.46 bn
SODIC is making a bid to acquire Orascom for Real Estate (ORE). The upmarket real estate developer has submitted a…
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