Cairo Housing and Development Company (ELKA) has widened its consolidated profits attributable to the parent company by 537.74% year on year (YoY) in 2024.

Cairo Housing and Development Company (ELKA) has submitted a mandatory tender offer (MTO) to acquire around 50.87%, or 133 million shares, in United Housing and Development (UNIT) via a share swap at a 3:1 ratio.

Cairo Housing and Development Company’s board has approved submitting a mandatory tender offer (MTO) for purchasing up to 90% of United Housing and Development (UNIT) via share swap.

Cairo Housing and Development Company (ELKA) has garnered consolidated net profits attributable to the parent company worth EGP 1.149 billion during the first quarter (Q1) of 2024, versus net losses of EGP 7.256 million.

Established in 1906, the company provides real estate property investment and development, in addition to civil contracting for commercial and residential buildings. Through it main subsidiaries, it provides financial advisory and auditing services, real estate property management, and ownership and operation of hotels.

Cairo Housing and Development Company’s (ELKA) extraordinary general meeting (EGM) has approved trimming its issued and paid-in capital by EGP 1.985 million via writing off 3.916 million treasury shares at a par value of EGP 0.5 per share.

The listed company’s main activities include acquiring, selling, and leasing lands and buildings as well as city planning and infrastructure construction activities.

Cairo Housing is an Egypt-based firm engaged in real estate and housing development operations. The listed company’s main activities include acquiring, selling, and leasing lands and buildings as well as city planning and infrastructure construction activities.

The listed company’s main activities include acquiring, selling, and leasing lands and buildings as well as city planning and infrastructure construction activities.