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Sarwa Capital concludes EGP 760 mn PHD securitization
Sarwa Capital announced that it has concluded the EGP 760 mn securitization of Palm Hills Development’s receivables portfolio, which was…
Sawiris-owned real estate company to develop 58.9-feddan Sheikh Zayed plot
A real estate development company owned by Naguib Sawiris has been awarded a contract to develop 58.9 feddans in Sheikh…
ODE sales in O West project
Orascom Development Egypt (ODE) began sales in its EGP 3.3 bn “O West” development, its first home project located west…
Earnings watch: Emaar, MM Group, GTH, Oriental Weavers
EARNINGS WATCH- Global Telecom Holding returned to profit in 4Q2018, reporting a net profit of USD 98 mn compared to…
Emaar vs. El Nasr set to wrap up for good
BEEF WATCH- Emaar vs. El Nasr beef looks set to wrap up for good: Emaar Misr and El Nasr Housing…
Earnings Watch: Edita, Elsewedy Electric, GB Auto, EKH, PHD, ACC, NBK
EARNINGS WATCH- High-profile snackfood maker Edita recorded a 20.4% y-o-y increase in net profit in 4Q2018 to EGP 128.3 mn,…
ARDIC to invest EGP 1 bn in Zizinia Al Mostakbal prooject
ARDIC for Real Estate Development and Investments is investing EGP 1 bn in its Zizinia Al Mostakbal project, the company…
Amer Group revises Porto Said cost estimates upwards to EGP 4 bn
Amer Group has revised its investment cost estimates for its Porto Said residential tourism project upwards to EGP 4 bn,…
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