Latest in Tag: Sales Highlight
Latest in Tag: Sales
Egypt car sales jump 49% y-o-y in January 2021
Passenger car sales increased 71% y-o-y to 14,900 units in January
Car sales to slightly decline should authorities limit operating hours of dealerships: Pundits
Auto sector has been economically affected since beginning of COVID-19 pandemic, says Alaa El-Sabaa
COVID-19 helps growth of jewellery sales online: Jeweller Heba Makled
Egyptian designer receives patent for designing jewellery piece that includes mummified crocodile’s head
MNHD targets EGP 6bn in annual sales during 2020
Company plans to securitise receivables of 3,000 units expected to be delivered by 2H 2021
SODIC records over EGP 5bn in sales in 10M 2020
The company’s projects in west Cairo accounted for 60% of total gross contracted sales during the period driven by the strong performance on the next generation projects. VYE contributed 37% of sales, and the Estates contributed 10%. East Cairo made up 39% of the period’s gross contracted sales, with Villette generating 24% and SODIC East contributing 10%.
Egyptian automotive market witnesses 21.57% growth in 9M 2020
The growth was driven by passenger car sales, which rose by about 23%, to record 107,617 units sold, compared to 87,272 units during the comparison period. The data was released in a report issued by the Automotive Market Information Council (AMIC).
Egyptian cement sales surge 10% m-o-m in September
Demand for cement in September rises to highest since April 2020
European car sales witness 1.1% y-o-y increase during September in EU, EFTA
The increase saw 1.3 million cars sold across the European Union (EU), the UK, and European Free Trade Association (EFTA) countries.
Arabian Cement eyes 3.94 million tonnes of local sales by year-end
Local manufacturers have requested government intervention to regulate factories, says CEO Sergio Alcantarilla
Tabarak offers new payment facilities, discounts to increase property sales
‘We have revised our targets with beginning of COVID-19 to reflect market realities more sensibly,’ says Chairperson Ali Shorbani
Egypt smartphone sales to increase as schools return
Ministry of Education and Technical Education intends to rely extensively on technologies in upcoming academic year
Egypt’s automotive sales up 36% m-o-m in May
GB Auto market share declined to 13.9%, down from 19.5% in April
Egypt’s property sector unhurt despite COVID-19 related sales slowdown
Online transactions boost El Attal’s sales during pandemic, says CEO
Egypt’s automotive sales decline 46.7% in April
Car sales nationwide have been negatively impacted by curfew and the halt licensing new vehicles between 19 March and 24 April.
20% increase in real estate sales projected following COVID-19
El Shehry added that the local real estate market remains, so far, unaffected by the ongoing pandemic. He highlighted that, although there had been a slowdown in sales, companies have yet to record losses or a halt in sales.
PRE eyes EGP 1bn sales for developers in 2020
Company intends to develop property projects in coming period, enter partnerships to develop commercial and hotel projects
O West sales reached EGP 3.5bn by end of September, construction begins this quarter: Beshara
The contracts for educational zone facilities, social and sports club, retail centres, the medical zone, the hotel area, and many other vital services are being finalised, and these services will be announced during 2020.
RE/MAX Al Mohager eyes EGP 4bn sales for developers by 2020-end
Company to launch new online selling platform
Real estate sales, investments expected to revive after interest rate cut
Interest rate cut would increase local investment by 70%, says El-Bahay Holding chairperson
Mineral sales increase to $740m in FY 2019/20
State revenues from mining activities increase to $60m, says source
Think Commercial roundtable to tackle boosting tourist real estate sales
The roundtable will tackle new mechanisms of developing tourist real estate projects, international standards of this kind of projects, marketing of tourism projects, increasing tourist arrivals in Egypt.
Royal aims to achieve EGP 250m in sales of its projects during 2019
Company will deliver 8 residential buildings during current year
EGP 4.1bn in sales of Talaat Moustafa Group since January
Market does not face real estate bubble, says Moustafa
Palm Hills increases its sales by 18% in FY 18
Palm Hills Developments has achieved EGP 12.5bn sales in its project with an increase of 18% Y-o-Y, according to consolidated financial statements for the last quarter (Q4) of 2018. The statement said that the company has succeeded in selling 3,102 units in fiscal year (FY) 2018, compared to 2,136 units in FY 2017. The company …
Beyti Egypt aims to increase its sales to EGP 5.5bn by end 2019
Construction of 7 production lines with investments of $12m to start in Q2 of this year
Egyptian automotive sales reach EGP 34bn in last 9 months
Passenger cars priced between EGP 200,000-300,000 marked highest sales’ percentage 35,3%: AMIC
EGAST eyes 30% growth in sales to Europe this season
Company invested EGP 250m for packhouses, cold stores, with 300 tonnes daily capacity, to propel exports worldwide
Samsung acquires largest market share of mobile sales in Egypt in September 2018
Huawei continues to march towards top with 17.3% share
64% increase in Orascom Development Egypt earnings, Talaat Moustafa Group sales expands by 1030% in Q2 2018
Celia main driver behind TMGH sales boom, Gouna occupancy, Makadi project boosted ODE’s performance, says Beltone
Honor eyes 5% of smartphone sales in Egypt by end 1Q 2019
We aim to be among top three smartphone sellers in world by 2022, says Baigong