Latest in Tag: Emaar Misr
Emaar Misr achieves over EGP 1.3bn in profits during H1 2021
The company’s revenues rose during that period to EGP 3.78bn, compared to EGP 1.04bn in H1 of 2020.
Daily News Egypt
August 4, 2021
Emaar Misr records one of Egypt’s highest real estate sales figures in 2020
Company’s net profit in Q4 of 2020 reaches EGP 656.5m
Alyaa Stohy
March 8, 2021
Emaar Misr launches 2nd phase of Cairo Gate project in Sheikh Zayed
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.
Shaimaa Al-Aees
October 17, 2020
Tahya Misr Fund, Emaar Misr sign protocol to develop Sidi Abdel Rahman
Emaar Misr contributes EGP 20m to first phase of improvements on village’s infrastructure, services
Daily News Egypt
September 21, 2020
Emaar Misr reports 222% q-o-q growth, EGP 770.6m revenues in Q2 of 2020
Favourable base effect gives way to a better Q2 of 2020
Alyaa Stohy
August 9, 2020
Emaar Misr donates EGP 10m to Egyptian government’s COVID-19 fight
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.
Daily News Egypt
April 8, 2020
Emaar Misr’s 2019 profits decline 49% to EGP 1.7bn due to growing expenses
Company’s investments in T-Bills amount to EGP 9.6bn, its under-development real estate portfolio reaches EGP 16.5bn
Alyaa Stohy
March 3, 2020
Emaar Misr confirms its ownership of Marassi’s land after lawsuit claiming possession
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.
Daily News Egypt
August 21, 2019
Emaar Misr donates $50m to develop informal housing areas, national projects in Egypt
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 …
Shaimaa Al-Aees
April 22, 2019
Emaar Misr enjoys healthy margins, impressive sales performance: report
Company’s revenues grew to EGP 830.7m in three-month period ending last March
Daily News Egypt
May 6, 2018
Emaar Misr achieved gross sales of EGP 11.97bn in 2017
Delivered units reached 1,386 units, with recognised revenues at EGP 4.51bn
Shaimaa Al-Aees
February 26, 2018
Misr El Kheir, Emaar Misr to sign agreement on housing construction, small projects
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 …
Hossam Mounir
February 26, 2018
Emaar Misr awards construction contracts worth EGP 2bn for phase one of Marassi Marina project
Construction of the Marina basin is expected to be completed by 2020
Shaimaa Al-Aees
January 10, 2018
Emaar Misr Q3 profits rise 29% as revenues accelerate
Net profit hits EGP 479.4 million in the three-month period ended September 2017
Elsayed Solyman
November 6, 2017
Mubasher Trade maintains ‘Buy’ rating for Emaar Misr with price target of EGP4.04/shr
The research firm says that the company’s results in Q2 come in line with expectations
Daily News Egypt
August 13, 2017
Emaar Misr considers investment project in Egypt’s Al-Alamein
Egypt’s plan to construct a new metropolis was unveiled in March 2015 at a Sharm El-Sheikh Summit
Daily News Egypt
August 6, 2017
The Egyptian real estate leaders: how well are they doing?
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 …
Sara Aggour
April 9, 2016
Emaar Misr leads real estate company’ sales with contracts worth EGP 8.6bn
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
Daily News Egypt
April 7, 2016
Emaar Misr records best financial leverage in Egypt with 0.043 ratio
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
Shaimaa Raafat
April 6, 2016
Alabbar named executive chairman of Emaar Misr
Emaar Misr has made many recent amendments to its leadership
Doaa Farid
October 13, 2015
Emaar Misr boosts net sales by 20% in H1 of 2015
Real estate developer scored net sales of EGP 3.91bn in first half of current year
Menna Samir
July 13, 2015
Emaar Misr Board approve capital rise by EGP 600m
Firm’s current issued capital evaluated at EGP 4.019bn, set to reach EGP 4.619bn with increase
Menna Samir
June 28, 2015
52 million subscriptions in Emaar Misr’s IPO
Subscriptions phase started on 16 June, will last until 25 June
Daily News Egypt
June 21, 2015
Emirati Metito pumps EGP 65m to desalinate seawater, sewage in 4 tourism projects: Managing Director
Egypt is prominent regional tourism destination, making company intensify activities in the sector in next period
Abdel Razek Al-Shuwekhi
June 13, 2015
20 companies listed on EGX with EGP 5bn capital since May 2014
Egypt’s stock market to launch second annual IPO summit
Doaa Farid
May 27, 2015
Emaar Misr yet to receive approvals on listing 13% of stakes
UAE-based parent firm Emaar will keep 87% of shares in Emaar Misr after listing
Doaa Farid
May 20, 2015
Emaar Misr recommends fair price of EGP 4.7 per share, trading mid-June
EFSA is yet to study and approve real estate company’s recommendation
Doaa Farid
May 5, 2015
Emaar Misr registers EGP 172.7m in Q1 net profits
Company will discuss amending the chairman’s position in a 20 April meeting
Doaa Farid
April 19, 2015
Dubai’s Emaar plans $2.5bn listing of shopping mall unit
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 …
Daily News Egypt
March 16, 2014
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