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Real estates
Amer Group appointed Saad Rabie as a new CEO
The board of directors of Amer Group Holding Co approved the appointment of Saad Rabie Abdel Mohsen El-Khabiry as the company's CEO and Managing Director, succeeding Riad Mohamed Refaat.
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SODIC says a new location proposed for New Zayed project
Six of October Development and Investment (SODIC) has received a letter from the Sheikh Zayed City Development Authority, stating that a new location for its new project in New Zayed has been proposed…
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Telecom Egypt, Amer Group sign a deal to provide solutions to the later projects
Telecom Egypt signed a cooperation agreement with Amer Group Holding Company to provide the latest integrated communication solutions for the property developer's projects.
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Egypt to list Administrative Capital for Urban Development on EGX within 2 years
Egyptian President Abdel Fattah Al-Sisi has revealed a plan to list the Administrative Capital for Urban Development (ACUD), the owner and developer for the New Administrative Capital in Egypt, on the…
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Mountain View launches new phase of iCity with EGP 8bn investments
Mountain View has launched a new phase of iCity New Cairo over an area of 100 feddans in partnership with the Egyptian Ministry of Housing with investments worth EGP 8 billion.
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Talaat Moustafa Group’s profit grows 23%, posts record sales in H1-21,
Talaat Moustafa Group Holding (TMG Holding) achieved net profits of EGP 869.38 million in the first half (H1) of 2021, an increase of 23.16% year-on-year (YoY) from EGP 705.85 million, the unaudited…
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UAE’s Aldar Properties gets another deadline extension to bid for SODIC
The Egyptian Financial Regulatory Authority (FRA) approved a request by the UAE’s Aldar Properties to extend the deadline for submitting a mandatory tender offer (MTO) to fully acquire Six of October…
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MarQ Developments launches The WaterMarQ project in New Cairo
Egyptian real estate developer, The MarQ Developments, has announced the launch of its latest project, The WaterMarQ, in New Cairo, with investments worth EGP 2bn.
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Castle Development sees EGP 700m investments in New Capital during 2021
Castle Development aims to invest EGP 700 million in construction works of its three projects in the New Administrative Capital during 2021, according to its CEO Ahmed Mansour
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Ora Developers to launch EGP 25bn mixed-use project in North Coast
Ora Developers has acquired a 486-feddan area of land in the North Coast to launch its latest mixed-use development project.
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