Emaar Misr

Egyptian real estate firms’ profit hit by coronavirus crisis
Economy

Egyptian real estate firms’ profit hit by coronavirus crisis

Egypt’s five biggest listed real estate firms reported a combined profit fall of nearly 31 percent in the second quarter…
Egypt’s PM approves Endowment Charity Fund draft law for service, development projects
Egypt

Egypt’s PM approves Endowment Charity Fund draft law for service, development projects

Egypt’s Prime Minister Mostafa Madbouly approved on Wednesday a draft law to establish the Endowment Charity Fund in Cairo and…
Govt settles on new developer of new capital
Business

Govt settles on new developer of new capital

The Engineering Authority of the Armed Forces has settled on a replacement for the UAE financier of the New Administrative…
Emaar Misr says Alabbar now non-executive chairman
Business

Emaar Misr says Alabbar now non-executive chairman

Egyptian property developer Emaar Misr said in a bourse filing on Tuesday that Mohammed Alabbar was now non-executive chairman, after…
Emaar Misr says first-half net profit up 283% to $66.7 mn
Business

Emaar Misr says first-half net profit up 283% to $66.7 mn

 Egyptian property developer Emaar Misr said on Tuesday its first-half net profit jumped 283 percent to LE522 million ($66.67 million).Revenue…
MIDEAST STOCKS: Oil plunge may depress Gulf; Emaar Misr key for Egypt
Business

MIDEAST STOCKS: Oil plunge may depress Gulf; Emaar Misr key for Egypt

Another plunge in oil prices overnight may depress Gulf stock markets on Tuesday, while trading in property firm Emaar Misr…
Emaar Misr shares up for stock market trading
Business

Emaar Misr shares up for stock market trading

The Egyptian Exchange began Sunday trading on the shares of Emaar Misr, days after the company offered 600 million shares…
Emaar Misr sets IPO price at LE3.8 per share
Business

Emaar Misr sets IPO price at LE3.8 per share

 Egypt's Emaar Misr has priced its initial public offering at LE3.8 ($0.4980) per share, parent firm Emaar Properties said on…
Politician says government ‘precipitous’ on new capital project
Egypt

Politician says government ‘precipitous’ on new capital project

The Reform and Development Party has slammed the government for “precipitousness” in embarking on the New Administrative Capital project, one…
Emaar Misr cuts price of its Egypt IPO to $353 mn
Business

Emaar Misr cuts price of its Egypt IPO to $353 mn

Emaar Misr, the Egyptian unit of Dubai's Emaar Properties, has scaled back the price of its listing of 600 million…
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