amwalalghad :: Real Estate

Your English Portal To Arab Economy

Telecom Egypt   11.48        GMC GROUP FOR INDUSTRIAL COMME   1.29        El Arabia for Investment & Dev   0.34        Modern Company For Water Proof   1.03        Ismailia Misr Poultry   2.45        Pioneers Holding   2.84        Ezz Steel   7.86        Egyptian Real Estate Group   6.85        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        National Real Estate Bank for    11.84        Egyptian Chemical Industries (   7.26        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        Credit Agricole Egypt   9.04        Palm Hills Development Company   1.61        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        Ceramic & Porcelain   2.88        Rowad Tourism (Al Rowad)   5.05        Union National Bank - Egypt "    3.25        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        Cairo Poultry   8.32        ARAB POLVARA SPINNING & WEAVIN   2.11        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

Amwal Al Ghad English - 2015-08-19 09:09:07
Egypt's third-largest listed property developer SODIC reported first-half net profit of 152.29 million Egyptian pounds (US$19.45 million), up from 90.54 million pounds in the same period last year, the company announced Wednesday. SODIC, also known as Sixth of October Development and Investment, reported first-half revenue of 585.01 million pounds in the six months to the end of June, down from 634.88 million pounds a year ago, the company said in a statement on the Egyptian bourse. It did not give further details. ($1 = 7.8300 Egyptian pounds). More»
Amwal Al Ghad English - 2015-08-18 11:56:24
Relative to income, house prices in Cairo are more costly than in Western Europe, two times more expensive than in most Gulf countries and four times those of the US, says a report. The report issued by US-based EconoMonitor expects the residential and commercial units prices to increase, while the office segment is expected to stagnate, reports Cairo Portal. More»
Marwa Hemdan - 2015-08-17 10:48:57
Egyptian leading construction firm, Arab Contractors is currently carrying out a group of giant housing and industrial projects in Algeria, chairman Mohsen Salah said Monday. According to the Egyptian official, Arab Contractors is building three new cities which will provide around 4,500 housing units as part of the Algerian government’s urban development scheme. Salah further said the company is keeping up the work on two industrial areas in addition to a children's cancer hospital in Algeria. The total cost of the Arab Contractors’ underway businesses in Algeria is US$186.4 million.
Amwal Al Ghad English - 2015-08-17 08:31:16
The Ministry of Housing completed a study to add a new extension to the 30 June Suez Canal Axis, the two-way axis parallel to the Suez Canal, which is currently being implemented. The study will be presented to the General Secretariat of the Ministry of Defence for approval, where the aim of the new extension is to connect the Sinai and East Port Said area with Delta governorates through the axis. In addition, it aims to reduce the travelling time between Sinai and the Delta by about 60 minutes, according to the Ministry of Housing press statement Sunday. Head of the Central Agency for Reconstruction, Mohammed Nasser, said that the new extension is designed to connect Sinai and East Port Said with Delta governorates specifically the cities of Mansoura, Gamaliya, and Matariya and the Daqahleya governorate, through the 30 June Axis. Nasser added that the proposed extension will achieve important goals, notably easy access between the Delta governorates with the Sinai and Suez Canal governorates, which will speed up the process of settlement in Sinai. More»
Amwal Al Ghad English - 2015-08-17 08:07:21
Orascom Hotels and Development’s (OHD) consolidated financial statements reveal the company achieved profits in the first half (H1) of 2015, the company said in an official statement to the Egyptian Stock Exchange (EGX), Sunday. In H1 of 2015, OHD recorded net profits worth EGP 154.7m (US$ 19.7million), up from the EGP 34.35m in losses registered in the same period of the preceding year. Furthermore, the company’s revenues stood at EGP 937.2m in H1 of 2015, a 25% year on year (YoY) increase, up from the EGP 750.2m achieved in H1 of 2014. The company attributed the recovery in results to the positive performance of the hotel division, amongst other factors. More»
Amwal Al Ghad English - 2015-08-16 14:36:59
 Egypt's Orascom Construction Industries said it made a net profit in 2014 of 4.6 billion Egyptian pounds (US$588 million), having made a loss in 2013 of 1.4 billion pounds. Sales rose to 7.8 billion pounds from 6.2 billion pounds. More»
Marwa Hemdan - 2015-08-16 11:29:23
Egyptian-based leading Arab Contractors has recently signed new contracts to carry out three giant projects in Africa, official announced Sunday. According to Ibrahim Mabrouk, Head of Africa sector at Arab Contractors, the new contracts are part of Arab Contractors’ strategy to expand its businesses into the African market in the current phase. The first and second contracts entitle Arab Contractors to establish a children’s hospital in Uganda and to launch 1,000 new housing units in Equatorial Guinea, the Egyptian official said. Thirdly, Arab Contractors has signed a protocol to set up a pharmaceutical factory in Equatorial Guinea. Arab Contractors is seeking to bolster its presence in Africa and entering into new markets in the continent. The Arab Contractors (AC) is one of the leading construction companies in the Middle East and Africa, having established presence in over 18 countries and recently managed to enter for the first time into the Cameroonian, Ethiopian, DR Congolese, Togolese, and Tanzanian markets. More»
Amwal Al Ghad English - 2015-08-16 10:00:20
Egyptian property developer Madinet Nasr reported second-quarter net profit of 62.415 million Egyptian pounds (US$7.97 million), up from 55.180 million pounds in the same period last year, the company said Sunday. The company's sales were 181.368 million pounds, up from 179.402 million, it said in a statement on the Egyptian bourse More»
Amwal Al Ghad English - 2015-08-13 10:53:58
Egyptian property developer, Amer Group (AMER.CA) announced Wednesday its first half consolidated profit fell 61 percent. It posted a net profit worth 17,2 million Egyptian pounds (US$2,2 million) versus 44,4 million for the same period last year. Meanwhile, Amer Group’s standalone net loss reached 152,7 thousand pounds, opposed to a net profit of 286,7 million pounds a year earlier. Amer Group has achieved net profit of 16,358 million pounds during the first quarter of 2015, compared to 2,026 million pounds during the same period last year with an increase of 707 percent. More»
Amwal Al Ghad English - 2015-08-13 09:25:48
Palm Hills, Egypt's second-biggest listed property developer, reported Thursday a four-fold increase in second-quarter net profits on the back of increasing revenues, the company said on Thursday. Palm Hills reported quarterly net profit of 431.2 million Egyptian pounds ($55.07 million), up from 84.7 million pounds in the same period last year. More»