Arab for Development and Real Estate Investment (ADRI)

Cairo – Mubasher: Shareholder Omar Abdel Aziz Attia Baraka has increased his ownership in Arab for Development and Real Estate Investment (ADRI) to 10.09% from 9.64% for a value totalling EGP 408,437. The shareholder bought 265,188 shares in Arab …

Cairo – Mubasher: The board of directors of Arab for Development and Real Estate Investment (ADRI) has approved an offer to sell a land plot for EGP 4.10 million. Extending over an area of 566,670 square metres, the land is located at South Suez …

Cairo – Mubasher: The extraordinary general meeting (EGM) of Arab for Development and Real Estate Investment (ADRI) has approved an increase in the issued and paid-up capital to EGP 32.53 million from EGP 29.57 million via bonus shares. The …

Cairo – Mubasher: Arab for Development and Real Estate Investment (ADRI) on Thursday said it will receive a loan worth EGP 2.5 million from the National Bank of Egypt (NBE). The loan will be used to finance the construction of a residential …

Cairo – Mubasher: Arab for Development and Real Estate Investment’s profits for the first quarter of fiscal year 2017 declined 26.5% to EGP 733,700, compared to EGP 998,300 for Q1-16. Revenues for Q1-17 increased to EGP 5.8 million from EGP 3.8 …

Cairo – Mubasher: Arab for Development and Real Estate Investment’s profits for fiscal year 2016 declined by 2.3% to EGP 2.48 million, compared to EGP 2.54 million for FY15. Revenues increased to EGP 19.5 million in FY16 to EGP 11.6 million in …

Cairo – Mubasher: Arab for Development and Real Estate Investment sold one third of the kand located in the Fifth Settlement, area no.94, at EGP 3.3 million, said the company in a bourse filing Tuesday. Earlier, the company bought a land plot for …

Cairo – Mubasher: Arab for Development and Real Estate Investment Company said it bought a land plot for EGP 8.33 million, located at the 5th settlement. On other hand, the company sold a land plot for EGP 5.4 million that is located at Benha …

Cairo – Mubasher: Arab for Development and Real Estate Investment Company posted an increase of 20.6% in net profits for the second quarter of 2016. The company’s profits stood at EGP 440,000 in Q2-2016, up from EGP 364,720 for the same period a …

Cairo – Mubasher: Egyptian Financial Supervisory Authority EFSA said it addressed four listed firms to prepare the study regarding its stocks’ fair value (FV). The companies are; Beltone Holding, Egypt- South Africa for Communication, Arab for …

Cairo – Mubasher: Arab for Development and Real Estate Investment Company announced on Sunday that it is set to sign a construction contract a housing and construction association for the construction of 10 residential buildings in Obour City with …

Cairo – Mubasher: Arab for Development and Real Estate Investment said its profits for the first quarter of 2016 declined 34% year-over-year to EGP 998,390 from EGP 1.51 million, according to a bourse filing. During 2015, its profits also fell 2% …

Cairo – Mubasher: Arab for Development and Real Estate Investment reported a decline of 2% in net profits for 2015. The company saw net profits of EGP 2.54 million in 2015, compared with EGP 2.59 million a year earlier. The company posted earlier, …

Cairo – Mubasher: The ordinary general meeting of Arab for Development and Real Estate Investment (ADRI) approved the proposed bonus share distribution at 11.6%, or 11.6-for-100. Meanwhile, the company’s extraordinary general meeting endorsed a …

Cairo-Mubasher: Arab for Development and Real Estate Investment said its general meeting will discuss on Monday bonus shares distribution for the fiscal year ended 31 December 2014. The board earlier proposed distributing 11.6 bonus shares for …

Cairo – Mubasher: The Egyptian Exchange (EGX) approved on Wednesday a request from Arab for Development and Real Estate Investment Co. to proceed with steps of raising issued capital via bonus issue. The company’s extraordinary general meeting …

Arab for Development and Real Estate Investment Co. held an extraordinary general meeting in which shareholders approved a capital top-up from EGP 26.5 million to EGP 29.7 million.The capital increase will be effected through the distribution of …