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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%.

Daily News Egypt

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 …

Daily News Egypt

Tecno Mobile acquires 7% of mobile sales in Egypt

Tecno Mobile acquired a market share of about 7% in Egypt at the end of 2017, the company’s marketing department director, Mahmoud Taha, said. He expected that Tecno’s sales will witness growth in the next period, supported by the company’s new partnerships with Telecom Egypt and Orange Egypt. Tecno Mobile is a subsidiary of Transsion …

Daily News Egypt