Real estates

 Emaar Misr for Development recorded a 117.8% year-on-year (YoY) surge in the consolidated net profits to EGP 4.11 billion in 2021, compared to EGP 1.89 billion, including minority shareholders'…
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Talaat Moustafa Group (TMG) achieved a growth in consolidated net profits by 8% to EGP 1.78bn in 2021, up from 2020’s EGP 1.65bn.
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 Porto Group Holding has changed the company's name to Arab Developers Holdings and launched two new brands.
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Egypt-based property firm Palm Hills Developments announced that its sales reached an all-time high last year, beating the previously announced target.
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Egyptian developer SODIC has announced that it has signed an agreement with the Finnish British Consortium for Investment and Development (FBC) and Finnish Global Education Solutions (FGES) to…
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Shareholders of Orascom Construction have approved the $35m worth acquisition of an importing company owned by the Sawiris family.
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Rowad Modern Engineering (RME), a 51%-owned subsidiary of Elsewedy Electric Company, signed two agreements with both Emaar Misr for Development and Newgiza for developments worth a combined value of…
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Magued Sherif, Managing Director of SODIC, said  that the UAE consortium of Aldar Properties and ADQ has requested the acquisition of a majority stake in SODIC, stressing that there is no intention to…
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Talaat Moustafa Group (TMG) topped the Egyptian companies among the Forbes global list of the 50 most powerful real estate companies in the Middle East and North Africa 2021.
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A consortium comprising Aldar Properties and ADQ will acquire around 85.52% of the outstanding share capital of Six of October Development and Investment (SODIC) following a mandatory tender offer…
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