amwalalghad :: Real Estate

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GMC GROUP FOR INDUSTRIAL COMME   1.29        Telecom Egypt   11.48        Ismailia Misr Poultry   2.45        El Arabia for Investment & Dev   0.34        Modern Company For Water Proof   1.03        Egyptian Real Estate Group   6.85        Pioneers Holding   2.84        Ezz Steel   7.86        Rakta Paper Manufacturing   4.39        Orascom Telecom Holding (OT)   3.92        Naeem Holding   0.19        Egyptian Iron & Steel   6.87        Universal For Paper and Packag   4.94        Northern Upper Egypt Developme   4.93        Canal Shipping Agencies   7.39        Misr Chemical Industries   5.65        United Arab Shipping   0.43        Egyptians Housing Development    1.94        Egyptian for Tourism Resorts   0.69        Modern Shorouk Printing & Pack   7        Upper Egypt Contracting   0.8        Egyptian Financial Group-Herme   7.42        Orascom Construction Industrie   240.82        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        Union National Bank - Egypt "    3.25        Ceramic & Porcelain   2.88        Rowad Tourism (Al Rowad)   5.05        El Nasr Transformers (El Maco)   4.78        Egyptian Media Production City   2.31        GB AUTO   27        Egyptian Transport (EGYTRANS)   7.85        Sharkia National Food   3.78        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        Prime Holding   0.91        Al Arafa Investment And Consul   0.17        Alexandria Spinning & Weaving    0.74        Gharbia Islamic Housing Develo   8.41        General Company For Land Recla   16.6        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

Marwa Himdan - 2016-08-16 14:12:44
Egypt’s leading construction company, Heliopolis Company for Housing and Development (HELI) is aiming to offer 32 residential buildings for sale in Sheraton and Nozahat Al-Obour City with total cost of 200 million Egyptian Pounds (US$22mn), its managing director khaled Marasi said on Tuesday. He told Amwal Al Ghad that there are 18 new buildings to be offered in Sheraton, besides, number of modern villas with total cost of 40 million Egyptian pounds. More»
Amwal Al Ghad English - 2016-08-16 13:33:52
Egypt-based real estate company, PACT Real Estate Group signed an agreement with worldwide information technology IT leader CISCO to establish the technological infrastructure of White Bay project in Sidi Heneish-North Coast, Mohamed Gamal, CEO of PACT Real Estate Group said Tuesday.The implementation of the technological infrastructure will  also be in cooperation with other real estate companies like Crystal Lagoons, SITES and MULTIPLES. He said that his company is planning to design this project in accordance with the latest global standards .The project will provide smart homes solutions designed, executed and supervised by Wessam Architects for architecture and planning. Gamal added that his company selected CISCO Egypt to execute White Bay project for the great experience it has in this area. This project will be the first in North Coast to be built using smart homes solutions technology. Gamal told Amwal Al Ghad that the project is spread over 70 feddans in the north coast with total number of 600 units to be built through four phases within seven years. More»
Amwal Al Ghad English - 2016-08-16 11:59:44
Egypt’s leading construction firm, Mokhtar Ibrahim has been directly assigned a total volume of business with contractual amount of 8 billion Egyptian pounds (US$901mn)during the previous two years, said Mohamed Alkhatib Tuesday. He told Amwal Al Ghad that the first punch of projects assigned to the company includes carrying out new roads projects among the national road network with total cost that exceed 1.5 billion Egyptian pounds. More»
Amwal Al Ghad English - 2016-08-16 09:49:35
Egypt's leading real estate developer, Madinet Nasr Housing and Development (MNHD) revenue increased to 220.2 million Egyptian pounds ($24.8mn), bottom line up by 17%, during second quarter profit results of 2016 released Monday. In addition it posts net profit margin of 34.4%, which is expected to continue its expansion on the back of new developments set for completion by 2019. “The second quarter of 2016 was a particularly strong quarter for MNHD, witnessing impressive increases in both top- and bottom-line, on the back of a strong growth in sales and increased deliveries at the Tag Sultan project,” said MNHD CEO Ahmed El Hitamy. MNHD’s overall sales of new contracts increased for the first half of 2016 to reach 500.3 million Pounds from 316.1 million pounds  in the same period last year, growing by a rate of 58.3%. New contracts for the year increased a total of 140%. The company continued to ramp up its marketing efforts to increase sales in upcoming developments such as the 300,000 sqm residential project Tag Sultan, which sold out in the first quarter of the year. “Going forward, we intend to sustain this trend and continue delivering excellent results, as we work to bring more phases of our flagship development, Taj City, to market as well as new launches in SARAI. More»
Maha Essam & Marwa Hemdan - 2016-08-15 16:15:55
Kuwait’s Gulf Kingdom Project Management LLC plans to carry out two giant projects in Egypt, in the new administrative capital and New El Alamein City projects, its marketing chief says. The Kuwaiti company also intends to inaugurate two branches in Egypt within the current month, Ahmed Hegazy, head of marketing and sales at Gulf Kingdom, further told Amwal Al Ghad in an interview on Monday. Egypt will be the fourth country Gulf Kingdom builds its presence after Kuwait, Saudi Arabia, UAE, and Turkey, Hegazy added. Gulf kingdom Project Management LLC is a real estate partnership Kuwaiti Alliance - a Saudi company Gulf kingdom, with a capital worth KWD 50 million ($165.6 million). Hegazy further said Gulf Kingdom is in ongoing talks to carry out housing projects in the Fifth Settlement or Sixth of October districts. More»
Amwal Al Ghad English - 2016-08-15 09:39:13
Egyptian real estate developer six of October Development & Investment (SODIC) posts H1 net profit of 157.9 mln Egyptian pound (US$. 17 mln) compared to 152.3 mln pounds a year earlier. More»
Amwal Al Ghad English - 2016-08-14 14:53:27
Central Bank of Egypt (CBE) allocated 500 million Egyptian pounds for mortgage firms among  the first stage of the mortgage finance initiative. The money will be given to the Egyptian Mortgage Refinance Company (EMRC) early Septemeber to be re-pumped to other lending finance firms, said Alaa Bedair, a senior executive at EMRC. All lending firms will send applications to EMRC to be carefully examined before approving the mortgage loans, added Bedair. More»
Amwal Al Ghad English - 2016-08-14 14:44:58
Egypt’s El Obour Real Estate Investment (OBRI.CA) turned into profits during the first half of the year, a bourse statement revealed. The company posted first half net profit worth 321,000 Egyptian pounds ($36,147), opposed to a net loss of 2.2 million pounds for the year-ago period. In the first quarter, net profit fell 15.18 percent y-o-y to 425,300 pounds. More»
Maha Essam - 2016-08-14 14:24:48
Kuwait Projects Management (KPM) has successfully concluded talks to purchase a tourist residential project in Egypt’s Sharm El-Sheikh, according to KPM's vice chief executive Dani Khalil. The investment cost of the Egyptian project is worth 350 million Egyptian pounds ($39.5 million), Khalil told Amwal Al Ghad, The project encompasses 12 buildings and 28 villas; in addition, the Kuwaiti company would re-promote and develop the project. KPM owns eight projects in the local, regional and international markets focusing on tourism and hotel sector with total investment worth $ 2 billion and capital of $ 50 million. More»
aya salah - 2016-08-14 13:16:01
Dubai contractor Arabtec on Sunday reported a narrower loss in the second quarter compared to a year earlier, its seventh straight quarterly loss as costs weighed on earnings. The company has been struggling with a difficult construction industry environment as Gulf economies slow and governments restrain spending because of low oil prices. Arabtec made a net loss attributable to equity holders in the parent of 186.4 million dirham ($50.8 million) in the three months to June 30, it said in a statement. This compares with a loss of 718.4 million dirhams in the corresponding period of 2015. More»