At the Gateway Gulf Investor Forum 2024, Beyon and Edamah announced a partnership to develop a 380,000-square-meter Digital City in Hamala, Bahrain. This project aims to integrate connectivity, technology, and real estate, setting a new standard for mixed-use developments in the region. Construction is expected to begin in 2025.Read More

Orascom Development Egypt reported consolidated net profits of EGP 942.76 million in the first half (H1) of 2024, down from EGP 1 billion in H1-23. Despite the dip in profits, the company saw its net revenues soar by 64.90% year-on-year (YoY), reaching EGP 10.21 billion in H1-24, compared to EGP 6.19 billion in the previous...Read More

Madinet Masr Housing and Development has reported exceptional financial performance for the first half (H1) of 2024, showcasing significant growth across various financial metrics. The company’s consolidated net profits soared by an impressive 149.40% to reach EGP 1.45 billion, compared to EGP 584.70 million recorded in the same period last year (H1-23). This remarkable increase...Read More