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Hyde Park signs with five local construction firms
Hyde Park Properties for development signed a EGP 1.5 bn agreement with five local constructions companies yesterday for its new…
Real estate
SODIC spent EGP 804 mn of its 2014 capital increase as of 1H2017
SODIC has spent EGP 804 mn in proceeds from its 2014 EGP 992.9 mn capital increase as of 1H2017, according…
Real estate developers reveal construction plans
Redcon Construction signed agreements worth a combined EGP 270 mn with SODIC and Abraj Misr to work on new developments…
State turns into competitor of private sector in new capital
The state has turned into a strong competitor of private companies planning to invest in the new administrative capital, offering…
Trading halted on Reacap pending Wadi Degla shareholder approval of merger
The bourse halted trading on Reacap Financial Investments’ shares yesterday pending shareholder’s approval of the company’s merger with Wadi Degla…
SODIC expected to complete 173 villas as part of Villette development this year
173 villas in SODIC’s Villette project are set to be completed before the year is out, according to Moataz Mahmoud,…
Samcrete investments record EGP 3.2 bn
Investments by Samy Saad's Samcrete in Egypt have now totalled EGP 3.2 bn, CEO Hisham El Kheshen says, according to…
Real estate investments slowing down following interest rates hike
The real estate industry is slowing down after the latest interest rates hike, said Mamdouh Badr El Din, chairman of…
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