Egyptian Gulf Marseilia For Real Estate Investment News - Mubasher Info
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08 April 06:57 AM

Egyptian Gulf Marseilia For Real Estate Investment (MAAL)

Last update: 7 April 02:29 PM market time.
4.65
-0.06
-1.27%
Open 4.71
Previous Close 4.71
High 4.76
Low 4.58
Stock Statistics
Volume 2,165,033
Turnover 10,094,674.00
All data are 15 minutes late during market session

News

Photo Archive
24 June 2024 02:42 PM Egypt’s Marseilia unveils plans to launch company in Saudi Arabia
Cairo - Mubasher: Marseilia Almasreia Alkhalegeya Real Estate Investment has announced plans to establish a new subsidiary in Saudi Arabia named Marseilia Saudi Arabia for Urban Development, said Chairman Sherif Heliw. The investment in this …
Companies Investments
Photo Archive
30 January 2023 11:02 AM Marseilia announces stock split
Cairo - Mubasher: Marseilia Almasreia Alkhalegeya Real Estate Investment will split the share’s nominal value to EGP 0.50 from EGP 1, according to a bourse filing. The issued capital will remain EGP 103.82 million, yet it will be distributed over …
Management Decisions
Photo Archive
5 December 2022 11:00 AM Marseilia’s shareholders approve stock split
Cairo - Mubasher: The extraordinary general meeting (EGM) of Marseilia Almasreia Alkhalegeya Real Estate Investment unanimously approved splitting the share’s nominal value to EGP 0.50 from EGP 1 during a meeting on 4 December 2022. This brings …
Corporate Actions
Photo Archive
2 October 2022 11:00 AM Marseilia's board approves EGP 50m finance lease contract
Cairo - Mubasher: The board of directors of Marseilia Almasreia Alkhalegeya Real Estate Investment has approved a finance lease contract valued at EGP 50 million. The five-year contract will be signed for 11 chalets in Marseilia Land Village in …
Real estate
Photo Archive
20 June 2022 00:56 PM Marseilia's board nods to EGP 50m finance lease contract
Cairo - Mubasher: The board of Marseilia Almasreia Alkhalegeya Real Estate Investment has approved an EGP 50 million finance lease contract. The five-year finance lease contract will be signed for a commercial mall in Marseilia Beach 4, according …
Companies Investments
Photo Archive
2 February 2022 00:52 PM Marseilia to develop EGP 6.5bn project in North Coast
Cairo - Mubasher: Marseilia Almasreia Alkhalegeya Real Estate Investment has signed a partnership agreement to develop an area of ​​205 acres on the North Coast. Under the four-year agreement, Marseilia will become the real estate developer for …
Real estate
Photo Archive
20 January 2022 04:54 PM EGX announces move of Marseilia’s shares to main market
Cairo – Mubasher: The Egyptian Stock Exchange (EGX) has announced the transfer of Marseilia Almasreia Alkhalegeya Real Estate Investment’s shares from the small- and medium-sized enterprises (SMEs) market to the main market. This move has raised …
Companies Investments
The company also decided to dismiss the Deputy Chairman and Managing Director
27 October 2021 01:02 PM Marseilia approves moving to main market, developing new land plot
Cairo – Mubasher: The board of directors of Marseilia Almasreia Alkhalegeya Real Estate Investment agreed to enter into partnership with the Northern Military Region to develop a land plot in Alexandria. The board also decided to begin procedures …
Corporate Actions
The company decided to increase the authorised capital to EGP 360 million
5 August 2021 01:47 PM FRA approves Marseilia's authorised capital raise request
Cairo - Mubasher: The Egyptian Financial Regulatory Authority approved the publication of a disclosure form submitted by Marseilia Almasreia Alkhalegeya Real Estate Investment to proceed with the capital raise procedures. The disclosure form …
Corporate Actions
The decision includes increasing the authorised capital to EGP 360 million
15 July 2021 05:44 PM Marseilia approves authorised capital raise procedures
Cairo - Mubasher: The board of directors of Marseilia Almasreia Alkhalegeya Real Estate Investment approved submitting its disclosure form to proceed with the capital raise procedures.  The decision includes increasing the company's authorised …
Corporate Actions
The company will increase its authorised capital to EGP 360 million
23 June 2021 11:14 AM Marseilia's shareholders approve capital raise
Cairo - Mubasher: The ordinary general meeting (OGM) of Marseilia Almasreia Alkhalegeya Real Estate Investment approved a decision to proceed with its capital increase procedures.  The company will increase its authorised capital to EGP 360 …
Corporate Actions
The company’s sales increased to EGP 142.23 million
7 June 2021 10:54 AM Marseilia reports four-fold surge in Q1 profit
Cairo – Mubasher: Marseilia Almasreia Alkhalegeya Real Estate Investment reported a 302% year-on-year (YoY) leap in its consolidated net profits to EGP 1.01 million in the first quarter (Q1) of 2021, compared to EGP 251,181, the unaudited …
Financial Results
The company's board has approved the capital raise to EGP 100.8 million
5 April 2021 02:09 PM Marseilia's board approves capital raise through bonus shares
Cairo – Mubasher: The board of Marseilia Almasreia Alkhalegeya Real Estate Investment has approved to increase the issued and paid-up capital by EGP 28.8 million to EGP 100.8 million from EGP 72 million. The company's board has agreed on the …
Management Decisions
The company’s net profits amounted EGP 1.39 million in six months
19 August 2020 03:36 PM Marseilia considers borrowing to expand land portfolio
Cairo – Mubasher: Marseilia Almasreia Alkhalegeya Real Estate Investment is considering a plan to obtain loans to finance its projects. In response to news reports about considering borrowing EGP 3 billion to finance its expansion plans, the …
Real estate
Marseilia will have 50% of the proceeds of the proposed project
5 March 2020 00:06 PM Marseilia partners with Namaa to build residential project in Dakahlia
Cairo – Mubasher: The board of directors of Marseilia Almasreia Alkhalegeya Real Estate Investment decided to establish a new project in Benha in the governorate of Dakahlia in partnership with Namaa Misr. The project, slated to cover an area of …
Real estate
Sales soared to EGP 467.08 million in 2019
1 March 2020 11:51 AM Marseilia’s standalone profit spikes 304% in 2019
Cairo – Mubasher: Marseilia Almasreia Alkhalegeya Real Estate Investment posted a 304% year-on-year jump in its net profits during 2019, the company’s standalone financial statements showed. The real estate firm’s net profits hiked to EGP 7.96 …
Financial Results
Sales skyrocketed to EGP 364 million
11 November 2019 01:42 PM Marseilia’s profit hikes 387% in 9M unaudited financials
Cairo – Mubasher: The unaudited financial results of Marseilia Almasreia Alkhalegeya Real Estate Investment showed a 387% year-on-year profit surge during the first nine months of 2019. Net profits grew to EGP 7.18 million in the January-September …
Financial Results
The project is 74% owned by Marseilia
15 September 2019 05:08 PM Cascadia project’s investment cost stands at EGP 3.5bn
Cairo – Mubasher: Marseilia Almasreia Alkhalegeya Real Estate Investment announced that the investment cost of Cascadia project located in the North Coast amounted to EGP 3.5 billion. The selling value of the project, which features 1,500 …
Real estate
The project is likely to be established in partnership with the land owner
2 September 2019 06:03 PM Marseilia considers building tourism project in North Coast
Cairo – Mubasher: Marseilia Almasreia Alkhalegeya Real Estate Investment said that no agreement has been signed yet concerning the establishment of two tourism projects in the Egyptian cities of Marsa Matruh and Alexandria. The company is still …
Real estate
Marseilia is studying a group of investment opportunities
31 August 2019 07:00 PM Marseilia to launch projects in Marsa Matruh, Alexandria
By: Abdullah Bedeir Cairo – Mubasher: Marseilia Almasreia Alkhalegeya Real Estate Investment is planning to form a partnership with a developer to build a 300-acre project in El Dabaa district in the Egyptian city of Marsa Matruh, Marseilia’s …
Companies Investments
Sales surged to EGP 245.94 million
25 August 2019 00:59 PM Marseilia’s profit soars 185% in H1
Cairo – Mubasher: Marseilia Almasreia Alkhalegeya Real Estate Investment reported a 185% year-on-year increase in its net profits during the first half of 2019. The company’s net profits amounted to EGP 3.31 million in the six-month period ended …
Financial Results
The project is set to be delivered within three years
28 July 2019 05:29 PM Marseilia’s Golden Yard generates EGP 150m sales in month
By: Abdullah Bedeir Cairo – Mubasher: Marseilia Almasreia Alkhalegeya Real Estate Investment generated sales of about EGP 150 million from its Golden Yard project in the New Administrative Capital within a month. The real estate firm achieved 25% …
Real estate
The new medical centre will be established inside Cascadia project
28 July 2019 01:55 PM Marseilia, Saudi Elaj ink North Coast medical centre operation deal
By: Abdullah Bedeir Cairo – Mubasher: Marseilia Almasreia Alkhalegeya Real Estate Investment signed a contract with Saudi Arabia’s Elaj Medical Services Company to operate the largest international medical centre in the North Coast. Covering an …
Companies Investments
The company aims to achieve sales of EGP 3 billion by the end of 2019
28 July 2019 00:14 PM Marseilia’s sales hit EGP 900m YTD
By: Abdullah Bedeir Cairo – Mubasher: Marseilia Almasreia Alkhalegeya Real Estate Investment has achieved sales of EGP 900 million since the beginning of 2019. Accordingly, the real estate firm has managed to achieve 30% of its target sales for …
Real estate
Marseilia’s sales increased to EGP 10 million in Q1-19
2 July 2019 05:28 PM Marseillia’s shareholders nod to EGP 12m capital hike
Cairo – Mubasher: The shareholders of Marseilia Almasreia Alkhalegeya Real Estate Investment approved, during an extraordinary general meeting (EGM), to raise the issued and paid-up capital to EGP 72 million from EGP 60 million, the company said …
Real estate