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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…
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…
Real estate player Seqoon secures USD 500k in pre-seed round + B2B services marketplace Unlock lands first round of funding
Two local startups — one in real estate, the other in B2B services — announced six-figure funding rounds yesterday. Real…
Real estate developers call on gov’t to expand financing options ahead of economic conference
Real estate players should tune in to the government’s economic conference: Prime Minister Mdbouly said there would be a dedicated…
Proptech startup Partment secures USD 1.5 mn in pre-seed round
Proptech startup Partment secured USD 1.5 mn in a pre-seed round led by Nclude Fintech Innovation Fund and Plus Venture…
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