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Castle Development to list shares on EGX by 2021
IPO WATCH- Real estate developer Castle Development plans EGX listing in 2021: ABC Construction Company subsidiary Castle Development is planning…
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Earnings watch: HHD profits rise 42% in FY2018-2019, Obour land reports 3Q profits
EARNINGS WATCH- Real estate company Heliopolis Housing’s net profit was up 42% in FY2018-2019 to EGP 376.4 mn from EGP…
Emerald Real Estate Investment to list a stake on EGX
IPO WATCH- Odin Investments seeks to IPO subsidiary on EGX: Real estate investment firm Emerald is seeking approval from the…
GDP grows 5.6% in 1Q2019-2020 mainly fueled by five sectors
What’s driving Egypt’s 5.6% GDP growth in 1Q2019-2020? The retail, agriculture, industrial, real estate, and telecoms sectors contributed the most…
Misr Italia postpones IPO to 2H2020
IPO WATCH- Misr Italia postpones IPO to 2H2020: Property developer Misr Italia has postponed its plans to offer 25% of…
Egypt’s HHD to auction land plots in El Shorouk
Heliopolis Housing and Development (HHD) is auctioning today an undisclosed number of land plots in Shorouk City, according to the…
Porto Heliopolis construction suspended on traffic concerns
Amer Group Holding has suspended construction of its Porto Heliopolis project following an order from a "competent authority" to put…
SODIC launches first phase of apartment buildings in east Cairo development
Upscale real estate developer SODIC has launched the first phase of apartment buildings in its flagship SODIC East development, an…
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