The company’s revenues rose during that period to EGP 3.78bn, compared to EGP 1.04bn in H1 of 2020.
Latest in Tag: Emaar Misr Highlight
Latest in Tag: Emaar Misr
Company’s net profit in Q4 of 2020 reaches EGP 656.5m
Cairo Gate is Emaar Misr’s first project in west Cairo, spanning an area of 133 feddans in the heart of Sheikh Zayed, with investments amounting to EGP 11.5bn.
Emaar Misr contributes EGP 20m to first phase of improvements on village’s infrastructure, services
Favourable base effect gives way to a better Q2 of 2020
The project aims to improve the living conditions of thousands of eligible poor families across Egypt. The first phase of the project includes developing 1,000 units and providing 500 projects for low-income families.
Company’s investments in T-Bills amount to EGP 9.6bn, its under-development real estate portfolio reaches EGP 16.5bn
The land of Marassi development is registered and notarized by Emaar Misr in Egypt’s Real Estate Register and Documentation, after examining all the documents related to the land, according to a press statement.
The board of directors of Emaar Misr announced on Tuesday a donation of EGP 878m ($50m) to develop informal housing areas in Egypt. Emaar Misr said that this donation is due to its belief in the developmental role that private sector companies must play toward contributing to community initiatives and social projects, as well as improving …
Company’s revenues grew to EGP 830.7m in three-month period ending last March
Delivered units reached 1,386 units, with recognised revenues at EGP 4.51bn
Misr El Kheir Foundation is expected to sign a cooperation agreement with Emaar Misr on housing construction and small projects, the foundation’s head of resources development, Amal Mobdy, said on Sunday. Mobdy added that the foundation will also be signing an agreement with Al-Ahly Sports Club, but she did not disclose the objective of the …
Construction of the Marina basin is expected to be completed by 2020
Net profit hits EGP 479.4 million in the three-month period ended September 2017
The research firm says that the company’s results in Q2 come in line with expectations
Egypt’s plan to construct a new metropolis was unveiled in March 2015 at a Sharm El-Sheikh Summit
The business of the Egyptian real estate market has been flourishing despite political turmoil. In this feature, Daily News Egypt compared the relative performances of the real estate companies in the past year with attention to their net profits. TMG Talaat Mostafa Group’s consolidated net profits during the first nine months of the year totaled …
Emmar Misr also concluded the reconstruction of new sales contracts worth EGP8.6b in 2015, compared to EGP7.1b in 2014, which marks a 21.2% growth rate
Financial leverage is the index that measures corporate debt position by dividing shareholders’ equity on the debt obtained by the company to repay its obligations or finance its projects
Emaar Misr has made many recent amendments to its leadership
Real estate developer scored net sales of EGP 3.91bn in first half of current year
Firm’s current issued capital evaluated at EGP 4.019bn, set to reach EGP 4.619bn with increase
Subscriptions phase started on 16 June, will last until 25 June
Egypt is prominent regional tourism destination, making company intensify activities in the sector in next period
Egypt’s stock market to launch second annual IPO summit
UAE-based parent firm Emaar will keep 87% of shares in Emaar Misr after listing
EFSA is yet to study and approve real estate company’s recommendation
Company will discuss amending the chairman’s position in a 20 April meeting
Reuters – Dubai’s Emaar Properties said it would sell up to 25 percent of its shopping mall and retailing unit in a public offer expected to raise AED 8 to 9bn ($2.18-$2.45bn), making it one of the region’s largest equity offers since 2008. The proceeds “will be primarily distributed as dividend” to Emaar shareholders, Dubai’s …