Heliopolis Housing and Development will establish a residential complex in New Heliopolis with an investment of EGP 2 billion.

Heliopolis Housing and Development’s (HELI) extraordinary general meeting (EGM) greenlighted an issued capital increase of EGP 667.54 million.

Heliopolis Housing and Development (HELI) logged net profit after tax of EGP 1.745 billion in the first nine months of 2024, compared to net profits of EGP 8.078 million in the year-ago period, an increase of 21.512% year on year (YoY).

Heliopolis Company for Housing and Development's (HELI) board of directors has approved a capital increase from EGP 333.77 million to EGP 1 billion.

Fitness Prime Health Clubs has submitted an offer to Heliopolis Company for Housing and Development to take part in the establishment of a sports club on a 25-feddan area in New Heliopolis City.

Heliopolis Company for Housing and Development (HELI) has successfully sold 90 residential units of different sizes in the AZURE Compound in New Heliopolis City with a total sales value of around EGP 482 million.

Heliopolis Company for Housing and Development (HELI) posted a 5,582.5% year-on-year (YoY) surge in net profits after tax in the first half (H1) of 2024.

Madinet Masr and Heliopolis Company for Housing and Development (HELI) have signed an agreement to develop a new project in the New Heliopolis City.

Heliopolis Company for Housing and Development (HELI) logged a net profit after tax of EGP 748.465 million in the first quarter (Q1) of 2024, growing substantially by 3,755.4% from EGP 19.413 million in Q1 2023.

Heliopolis Housing and Development (HELI) reported a 3,755.41% year-on-year (YoY) leap in net profits after tax for the first quarter (Q1) of 2024.

Heliopolis Housing and Development (HELI) will disburse EGP 1.341 per share in cash dividends to shareholders for 2023 on June 13th.

Madinet Masr is planning to launch its new residential project, in partnership with Heliopolis Housing Company, before the end of 2024.

The Board of Directors of the Heliopolis Housing Company has given the green light to a proposal put forth by Madinet Masr for a new residential project.

Heliopolis Housing and Development Company (HELI) has received offers from Hyde Park Developments and La Vista Developments to develop 500 feddans in the New Heliopolis project.

Heliopolis Housing and Development (HELI) logged a net profit after tax of EGP 7.808 billion in 2023, up by 1,194.48% year on year (YoY) from EGP 603.239 million, according to the company’s financial statement sent to the Egyptian Exchange (EGX).

Heliopolis Company for Housing and Development (HELI) has received four offers to develop New Heliopolis City, including one from a UK-based firm looking forward to building an outlet mall for commercial brands.

Heliopolis Company for Housing and Development (HELI) has received a technical and financial offer from Madinet Masr for the development of three plots of land spanning around 850 feddans in New Heliopolis City.

Heliopolis Company for Housing and Development has received a comprehensive proposal from Mountain View outlining plans for a significant joint venture project spanning 517 feddan in New Heliopolis City, as per a disclosure.

Heliopolis Company for Housing and Development has signed a participation contract with the Middle East Investment and Touristic Development Company to develop 865 feddans, subject to extension or contraction, in New Heliopolis City.

Heliopolis Company for Housing and Development (HELI) is currently negotiating with a real estate developer to cooperate on a residential project in New Heliopolis City with expected revenues of EGP 150 billion.