Cairo – Mubasher: Emaar Misr for Development appointed Mohamed Ismail Abdelghani El Dahan as mangling director, said a bourse filling on Tuesday.

Meanwhile, Mohamed Ali Rashed Alabbar became chairperson instead of chairperson and manging director.

Emaar Misr, the Egypt-based subsidiary of UAE’s property firm Emaar, registered an increase of 283.8% in net profits for the first half of 2015, as it recorded EGP 522 million compared with EGP 136 million for the same period of the previous year.