amwalalghad :: Real Estate

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GMC GROUP FOR INDUSTRIAL COMME   1.29        Telecom Egypt   11.48        Modern Company For Water Proof   1.03        Ismailia Misr Poultry   2.45        El Arabia for Investment & Dev   0.34        Ezz Steel   7.86        Egyptian Real Estate Group   6.85        Pioneers Holding   2.84        Rakta Paper Manufacturing   4.39        Orascom Telecom Holding (OT)   3.92        Egyptian Iron & Steel   6.87        Naeem Holding   0.19        Canal Shipping Agencies   7.39        Misr Chemical Industries   5.65        United Arab Shipping   0.43        Egyptians Housing Development    1.94        Universal For Paper and Packag   4.94        Northern Upper Egypt Developme   4.93        Egyptian for Tourism Resorts   0.69        Egyptian Financial Group-Herme   7.42        Orascom Construction Industrie   240.82        Modern Shorouk Printing & Pack   7        Upper Egypt Contracting   0.8        Heliopolis Housing   21.65        Raya Holding For Technology An   4.57        United Housing & Development   8.93        International Agricultural Pro   2.1        Gulf Canadian Real Estate Inve   18.08        Alexandria Pharmaceuticals   45.71        Arab Cotton Ginning   2.46        Egyptian Chemical Industries (   7.26        National Real Estate Bank for    11.84        Six of October Development & I   15.03        National Development Bank   6.72        Oriental Weavers   20.66        Arab Gathering Investment   16.29        Egyptians Abroad for Investmen   2.75        Palm Hills Development Company   1.61        Credit Agricole Egypt   9.04        Remco for Touristic Villages C   2.13        Commercial International Bank    29.87        El Ezz Porcelain (Gemma)   1.9        Egyptian Starch & Glucose   5.4        Arab Real Estate Investment (A   0.41        South Valley Cement   3.12        Citadel Capital - Common Share   2.5        Rowad Tourism (Al Rowad)   5.05        Union National Bank - Egypt "    3.25        Ceramic & Porcelain   2.88        El Nasr Transformers (El Maco)   4.78        Egyptian Media Production City   2.31        GB AUTO   27        Sharkia National Food   3.78        Egyptian Transport (EGYTRANS)   7.85        El Kahera Housing   4.97        El Shams Housing & Urbanizatio   2.45        Egyptian Kuwaiti Holding   0.7        ARAB POLVARA SPINNING & WEAVIN   2.11        Cairo Poultry   8.32        Egyptian Financial & Industria   8        T M G Holding   4.03        Asek Company for Mining - Asco   10.66        Misr Hotels   27        Egyptian Electrical Cables   0.56        Medinet Nasr Housing   22.51        Mena Touristic & Real Estate I   1.21        ELSWEDY CABLES   18        Al Arafa Investment And Consul   0.17        Prime Holding   0.91        Alexandria Spinning & Weaving    0.74        General Company For Land Recla   16.6        Gharbia Islamic Housing Develo   8.41        Alexandria Cement   8.9        Arab Valves Company   0.94        Sidi Kerir Petrochemicals   12.4        TransOceans Tours   0.09        Egyptian for Developing Buildi   6.43        Egyptian Gulf Bank   1.24        Kafr El Zayat Pesticides   18.19        Faisal Islamic Bank of Egypt -   35.1        National company for maize pro   11.86        Delta Construction & Rebuildin   4.03        Zahraa Maadi Investment & Deve   48.25        Samad Misr -EGYFERT   3.52        Egypt for Poultry   1.41        Cairo Development and Investme   11.7        Cairo Pharmaceuticals   20.1        Maridive & oil services   0.9        Suez Canal Bank   3.75        Nile Pharmaceuticals   15.81        The Arab Dairy Products Co. AR   73.85        National Housing for Professio   14.39        El Ahli Investment and Develop   4.87        Egyptian Saudi Finance Bank   10.79        Ismailia National Food Industr   5.16        National Societe Generale Bank   25.52        Acrow Misr   19.16        Alexandria Mineral Oils Compan   63.63        Paper Middle East (Simo)   5.59        Egypt Aluminum   12.31        Giza General Contracting   13.12        Middle Egypt Flour Mills   5.82        Extracted Oils   0.6        Assiut Islamic Trading   4.56        Engineering Industries (ICON)   3.95        North Cairo Mills   15.3        Arab Pharmaceuticals   11.88        Grand Capital   5.38        El Ahram Co. For Printing And    10.68        Minapharm Pharmaceuticals   25.49        El Arabia Engineering Industri   13.52        El Nasr For Manufacturing Agri   9.71        Naeem portfolio and fund Manag   1.7        Faisal Islamic Bank of Egypt -   6.76        Natural Gas & Mining Project (   68.26        Housing & Development Bank   13.95        East Delta Flour Mills   31.5        Orascom Development Holding (A   3.22        Memphis Pharmaceuticals   11.12        Abou Kir Fertilizers   134.23        Delta Insurance   5        Cairo Investment & Real Estate   12.18        Cairo Oils & Soap   12.98        Egyptian Arabian (cmar) Securi   0.36        Egyptian Real Estate Group Bea   15.56        Alexandria Containers and good   85.51        Upper Egypt Flour Mills   45.78        Development & Engineering Cons   9.94        Sinai Cement   15.18        Medical Union Pharmaceuticals   28.01        Torah Cement   24.2        Alexandria New Medical Center   46.55        Export Development Bank of Egy   5.04        Egyptian Company for Mobile Se   92.02        Middle & West Delta Flour Mill   32.7        El Kahera El Watania Investmen   4.18        Mansourah Poultry   12.41        Delta Sugar   11.04        Misr Beni Suef Cement   41.21        Egyptian Satellites (NileSat)   6.14        Cairo Educational Services   17.75        Lecico Egypt   7.55        Sharm Dreams Co. for Tourism I   5.3        General Silos & Storage   10.77        Al Moasher for Programming and   0.66        UTOPIA   5.28        Arab Ceramics (Aracemco)   25.4        Barbary Investment Group ( BIG   0.98        

Business - Real Estate

Nayera Eid - 2014-05-08 13:15:10
MCS (Mideast Communication Systems) company is negotiating with 6 real estate developers within the ongoing phase in order to add smart homes services to new units in the residential compounds which will be established during the upcoming period. The smart home services became Competitive advantage for developers to add to the newly created units refusing to disclose the names of the developers until the completion of the contract with them,Amr Farouk, Managing Director at MCS added. MCS implemented several projects in three residential units, at the top 'Oriental Weavers Complex' in Katameya-Egypt, expecting that the demand rates will witness a highly boosting in the upcoming period. More»
Amwal Al Ghad English - 2014-05-08 09:06:26
Egypt real estate company Amer Group's first-quarter net profit fell 87 percent to 2.026 million Egyptian pounds ($288,200), the company said in a statement sent to the stock exchange on Thursday. Net profit for Amer (AMER.CA) was 15.352 million pounds in the same period a year earlier. More»
Amwal Al Ghad English - 2014-05-07 11:39:48
An affiliate of U.S investment group Ripplewood has acquired a 2.3 percent stake in Egyptian developer Palm Hills, the firm said in an emailed statement on Wednesday, adding that it hopes to increase its stake over time. "We believe Palm Hills is well-positioned as one of Egypt's leading real estate developers and hope that we can help enhance the company's efforts in its development of new projects," said Timothy C. Collins, Ripplewood's founder and CEO. "We are also confident in the future prospects of the company as we expect to increase our stake over time after this initial investment," he said. More»
Amwal Al Ghad English - 2014-05-05 11:59:50
Egypt-based real estate developer Palm Hills Development announced it is in talks with the Arab African International Bank (AAIB) over a syndicated loan worth 2.4 billion Egyptian pounds. The loan will go for financing various projects for Palm Hills (PHDC.CA), in addition to refinancing an EGP 640 million loan from its current bank loans. PHD and AAIB have recently signed initial terms and conditions of the loan. Moreover, the company expected to finish all the needed internal approvals and start using the loan by the end of June 2014. More»
Maha Essam - 2014-05-04 11:32:37
Egypt's Arab Contractors Company is targeting a growth in its volume of businesses in Uganda to reach up to $65 million within the upcoming phase. This comes after Eng. Mohsen Salah El Din – Chairman of the Arab Contractors Co had paid a two-day visit to Uganda to attend the General Assembly Meeting of The Arab Contractors O.A.O. & Co. Uganda Limited in Kampala. The meeting aimed to assess its Current Status and future outlook of The Arab Contractors O.A.O. & Co. Uganda Limited, seeking to increase the Egyptian company's turnovers in Uganda to $65 million, from $25 million. More»
Maha Essam - 2014-04-30 11:29:48
A monthly  report of Egyptian Financial  Supervisory Authority (EFSA) revealed that the volume of the mortgage finance which granted from mortgage finance firms boosted to EGP34 million during the last of December compared to EGP18 million in November of 2012, so the volume of the granted mortgage finance reach up EGP4.2 billion since the activity started and until last December. The value of re-mortgage during the last December reached about EGP6 million so the total volume of mortgage refinancing granted by the Egyptian Mortgage Refinance company (EMRC) reached to EGP708 million since the beginning of the mortgage sector. The number of new contracts for investors 50 new contracts during December compared to 24 held by the end of November, bringing the total number of contracts since the beginning of the activity to about 34 thousand contracts. More»
Amwal Al Ghad English - 2014-04-24 13:25:43, the leading Real Estate portal in the Middle East announced its expansion to the Saudi market aiming to help Real Estate Developers and Brokers achieve their projects sales and marketing targets. Aqarmap is well known for its simplicity in displaying properties and its effectiveness in connecting potential buyers with Real Estate companies. Prince Abdulaziz Bin Abdallah awarded the CEO of, Amad Almsaodi, The Best Entrepreneur in the Middle East in 2013 for the unparalleled success the company has achieved in helping thousands find their dream homes. The Award ceremony was organized by the Centennial Fund, and it was held at Alfaisaliah hotel in Riyadh.  Just after launching in Saudi, Aqarmap announced that it has inked two marketing deals with two of the leading Developers in Saudi: Salman Bin Saedan Group and Shumool for Real Estate Developments. Aqarmap hopes to replicate its success in Saudi, as it has been helping leading Real Estate developers such as UAE based Emaar achieve their sales and marketing goals. In its efforts to reach the biggest number of potential Real Estate buyers and investors, Aqarmap also announced that it will be participating in Riyadh Real Estate Development Exhibit which will be held from the 27th to the 30th of April; in addition, the company will particiapte in CityScape Jeddah which will kick off on May 4th.  Aqarmap also stated that their website ( is currently getting more than 150,000 visits from Saudi, and they expect this number to reach 500,000 by end of 2014. Demand for Real Estate in Saudi has been growing rapidly due to a huge gap in supply, and Aqarmap believes that it will help reduce this gap by helping Real Estate companies market their properties effectively. More»
Amwal Al Ghad English - 2014-04-23 12:51:03
Beltone Financial said on Wednesday it expects Egyptian real estate companies to continue growing in 2014, after interim president, Adly Mansour, issued a law restricting the right to contest state deals to the government or the involved institutes and business partners.  The law aims to boost business environment in Egypt, as many state-land and business deals were revoked after they were taken to court by uninvolved parties, which harmed business confidence in Egypt. More»
Abdel Haleem Elgendy - 2014-04-23 11:00:48
Egypt-based developer SODIC registered remarkable gross contracted sales of around EGP 750 million for the first quarter of 2014. Such figures support the Sixth of October Development & Investment Company – SODIC (OCDI.CA)’s 2014 estimated budget, which targets volume of sales exceeding EGP 2.7 billion, said Executive Director of Operations Ashraf Farid on Tuesday. “2013 was an extremely positive year for SODIC with record-breaking results in terms of sales, collections, deliveries, and new project launches,” Farid noted. SODIC reported EGP 2.7 billion in new sales across more than  1.400 units. SODIC reported highest number of deliveries, with 680 units delivered showing a 55% growth yoy. The momentum continued into 2014 with strong Q1 net contracted sales and the resolution of all legal disputes. Moreover, Farid stated that in Allegria - SODIC's flagship project - deliveries reached over 1,000 units worth some EGP 2.9 billion, of which 256 units were delivered over the course of 2013. Deliveries of Kattameya Plaza reached 284 units, with over half of the residential project delivered. Deliveries also entailed 61 units in The Polygon Business Park, 11 units in Forty West, 24 units in CASA, 8 units in The Strip and 34 units in the first phase of Westown Residences, delivered one whole year ahead of schedule - a record breaking two years since launch in December 2011. More»
Amwal Al Ghad English - 2014-04-22 15:00:36
Egyptian property developer SODIC (OCDI.CA) said on Tuesday it made a net loss of 447.1 million Egyptian pounds ($64 million) in the year 2013. The company had made a net profit of 257 million pounds a year earlier. Egypt's real estate industry was thrown into turmoil after a popular uprising ousted President Hosni Mubarak in 2011, hitting demand for high-end property. More»