Egyptian real estate developer six of October Development & Investment (SODIC) consolidated net profit declined by 31 percent to report 54.655 mln Egyptian pound (US$.147 mln) for 2016 first quarter, compared to 79.31 mln pounds a year earlier.
In a (...)
Orascom Hotels and Development (OHD), Egypt's Premier Resort Developer, recorded standalone revenues of EGP 759.6 million(US$85.5 million) during FY2015 compared to EGP 328.7 million in FY 2014 according to an insightful source.
The company has (...)
Egyptian food maker, Edita has posted net profit of 349.1 million Egyptian pounds (US$39.3million) with an increase of 31.3 percent during 2015 according to the company financial results.
In addition, the company registered revenues of 2.22 billion (...)
The total expenditures on Sharm El Sheikh Four Seasons extension project reached EGP 1.38 billion till December 31, 2015, Talaat Moustafa Group (TMG) Holding announced Thursday.
The project includes 99 hotels rooms and suites in addition to (...)
Porto Group posted consolidated net profits of 37,258 million Egyptian pounds(US$4.7 million).
The company announced the profits value in the company's audited financial results for the fiscal period from 30/08/2015 till 31/12/2015.
While, it (...)
Palm Hills Developments(PHD) announces the signature of a co-developing agreement– on a revenue sharing basis – an integrated resort in the North Coast, with expected revenues of EGP 3 billion (US$383 million).
The resort is spreading over 565,530m2 (...)
