Real Estate

Cross-listed Orascom Construction is testing significant support level – Analysis

25 December 06:43 PM Cross-listed Orascom Construction is testing significant support level – Analysis

Cairo – Mubasher: The stock of Orascom Construction is currently experiencing a downward trajectory, supported by continued trading below the moving average. However, the price has managed to show positive signals from a significant demand area …

ElSaeed Contracting stock witnesses emergence of buying power

25 December 06:02 PM ElSaeed Contracting stock witnesses emergence of buying power

Cairo – Mubasher: Technical analysis by Mubasher Trade Research indicates that the stock of ElSaeed Contracting and Real Estate Investment Company is moving in a strong upward trajectory in the current period, as it has succeeded in recording …

IMKAN and Majestic Group

24 December 06:39 PM IMKAN acquires 51% of Majestic Group to endorse regional infrastructure, development businesses

UAE – Mubasher: Abu Dhabi Capital Group’s (ADCG) subsidiary IMKAN has acquired a 51% stake in Majestic Marine Investments Group, which is focused on marine engineering and marina construction and operates across the UAE and Saudi Arabia. Majestic …

Mergers and Acquisitions

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21 December 03:12 PM Tamweel issues Middle East’s 1st Mudaraba Sukuk to finance EGP 5.5bn acquisition deal

Cairo - Mubasher: Tamweel Mortgage Finance has raised EGP 5.52 billion through the issuance of the Middle East’s first Mudaraba sukuk, according to a press release. The offering aims will be used to acquire under-construction residential units …

Sukuk and Islamic Finance

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14 December 06:28 PM Palm Hills to develop new hospitality project in West Cairo

Cairo - Mubasher: Palm Hills Developments Company has signed an agreement with Marriott International to develop The St. Regis Hotel & Residences Palm Hills, a luxury hospitality project in West Cairo. The hotel will feature 150 luxury guestrooms, …

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11 December 02:08 PM Palm Hills inks EGP 866m deal with Incolease, authorizes brand license in UAE

Cairo - Mubasher: The ordinary general meeting (OGM) of Palm Hills Developments Company approved entering into a financial lease deal with International Company for Leasing (Incolease) at a value up to EGP 865.93 million, according to a bourse …

Corporate Actions

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9 December 04:00 PM Orascom Construction's board approves capital increase to over $207.4m

Cairo - Mubasher: Orascom Construction's board of directors decided to raise the issued capital to $207.44 million (AED 761.32 million) from $110.24 million (AED 404.59 million). The capital increase value will be carried out by issuing 97.20 …

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8 December 04:38 PM Orascom Development unveils Makadi Heights' agreement with Egyptian government

Cairo - Mubasher: Makadi Heights for Tourism Development Company, a subsidiary of Orascom Development Egypt, has signed an agreement with the Egyptian government to develop a new 1.02 million square meters (sqm) land plot adjacent to the existing …

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2 December 09:41 PM Egyptian Resorts turns to EGP 103m consolidated net profits in 9M-25

Cairo - Mubasher: Egyptian Resorts Company, known as ERC, reported consolidated net profits after tax worth EGP 102.86 million in the first nine months (9M) of 2025, versus net losses after tax of EGP 556.49 million in 9M-24. The earnings per …

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2 December 08:14 PM Cairo Housing registers 94% lower consolidated net profits in 9M-25

Cairo - Mubasher: Cairo for Housing and Development Company posted an annual plunge of 94.23% in consolidated net profits after tax to EGP 66.82 million during the first nine months (9M) of 2025, compared to EGP 1.16 billion. The earnings per …

Mena stock tests key resistance level on back of buying power

2 December 04:08 PM Mena stock tests key resistance level on back of buying power

Cairo – Mubasher: Technical movements signaled by Mubasher Trade Research indicate that the stock of Mena Touristic and Real Estate Investment opened its trading at EGP 4.66, where it found strong support at the lower boundary of the ascending …

Stock Evaluations

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1 December 06:26 PM United Housing’s consolidated net profits exceed EGP 174.5m in 9M-25

Cairo - Mubasher: The consolidated net profits after tax of United Company for Housing and Development (United Housing) reached EGP 174.58 million in the first nine months (9M) of 2025, reflecting a year-on-year (YoY) surge from EGP 88.18 million. …

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30 November 06:04 PM Copper for Commercial Investment swings to EGP 7m net losses in 9M-25

Cairo - Mubasher: Copper for Commercial Investment and Real Estate Development shifted to net losses after tax of EGP 7.09 million in the first nine months (9M) of 2025, versus net profits after tax worth EGP 3.72 million in 9M-24. The loss per …

Financial Results

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30 November 05:44 PM Giza Contracting’s consolidated net profits leap to EGP 140m in 9M-25

Cairo - Mubasher: The consolidated net profits after tax of Giza General Contracting and Real Estate Investment Company reached EGP 140.07 million in the first nine months (9M) of 2025, reflecting a year-on-year (YoY) surge from EGP 33.22 million. …

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30 November 11:47 AM PRE Group’s consolidated net profits retreat to EGP 663.5m in 9M-25; operating revenues hit EGP 4.7bn

Cairo - Mubasher: Pioneers Properties for Urban Development (PRE Group) reported lower consolidated net profits after tax at EGP 663.46 million in the first nine months (9M) of 2025, compared to EGP 1.47 billion in 9M-24. The earnings per share …

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26 November 11:08 AM GFH Partners acquires majority stake in Devmark to foster GCC residential ecosystem

Mubasher: GFH Partners, a subsidiary of GFH Financial Group, owned a majority shareholding in Devmark Real Estate Brokers L.L.C, the UAE’s leading real estate development project sales and marketing platform. The transaction marks GFH Partners’ …

HEIBCO for Commercial Investments and Real Estate Development

25 November 06:02 PM HEIBCO's net profits decline to EGP 23m in 9M-25

Cairo - Mubasher: HEIBCO for Commercial Investments and Real Estate Development generated lower net profits after tax at EGP 23.29 million in the first nine months (9M) of 2025, compared with EGP 37.24 million in 9M-24. The earnings per share …

Financial Results

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25 November 02:20 PM Real Estate Egyptian Consortium’s net profits approach EGP 2m in 9M-25

Cairo - Mubasher: Real Estate Egyptian Consortium generated year-on-year (YoY) higher net profits after tax at EGP 1.70 million in the first nine months (9M) of 2025, compared with EGP 1.37 million. The earnings per share (EPS) increased to EGP …

Financial Results

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24 November 03:10 PM Arab Developers’ consolidated net profits decline to EGP 159m in 9M-25; sold units hit 389 in Q3

Cairo - Mubasher: The consolidated net profits after tax of Arab Developers Holding reached EGP 159.28 million in the first nine months (9M) of 2025, reflecting a year-on-year (YoY) drop from EGP 225.14 million. The earnings per share (EPS) …

Financial Results

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23 November 01:00 PM El Obour for Real Estate registers EGP 39m consolidated net profits in 9M-25

Cairo - Mubasher: El Obour for Real Estate Investment generated an annual leap in consolidated net profits after tax to EGP 38.81 million during the first nine months (9M) of 2025, compared with EGP 12.68 million. The earnings per share (EPS) grew …

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19 November 02:54 PM Madinet Masr expands in Saudi market via Citydom

Cairo - Mubasher: Madinet Masr Housing and Development has formed a 50/50 joint venture (JV) with Waheej Real Estate to develop sustainable, modern urban communities in Riyadh. The JV, named Citydom, will explore land acquisition within the …

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17 November 06:18 PM Palm Hills’ consolidated net profits reach EGP 3.5bn in 9M-25

Cairo - Mubasher: Palm Hills Developments Company generated consolidated net profits after tax and minority interest totaling EGP 3.54 billion in the first nine months (9M) of 2025, signaling an annual rise from EGP 2.35 billion. The earnings per …

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17 November 03:23 PM Emaar Misr’s consolidated net profits drop to EGP 4.2bn in 9M-25

Cairo - Mubasher: Emaar Misr for Development generated EGP 4.29 billion in consolidated net profits after tax during the first nine months (9M) of 2025, reflecting a year-on-year (YoY) plunge from EGP 10.34 billion. The basic and diluted earnings …

Financial Results

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13 November 07:16 AM TMG Holding’s consolidated revenues exceed EGP 21.4bn in 9M-25

Cairo - Mubasher: The consolidated net profits after tax of Talaat Moustafa Group Holding Company (TMG Holding) hiked to EGP 12.63 billion in the first nine months (9M) of 2025 from EGP 7.41 billion in 9M-24. The earnings per share (EPS) increased …

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12 November 12:44 PM Madinet Masr generates EGP 7.3bn consolidated sales in 9M-25

Cairo – Mubasher: Madinet Masr Housing and Development recorded consolidated net profits after tax and non-controlling interest valued at EGP 2.35 billion in the first nine months (9M) of 2025. The generated earnings were lower by 6.60% …

Financial Results