Development and Engineering Consultants Co SAE (DAPH)

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News

12 September 2021 11:21 AM TAMEER swings to profit in H1-21

Cairo – Mubasher: Development and Engineering Consultants Co (TAMEER) turned to consolidated net profits of EGP 18.56 million in the first half (H1) of 2021, versus net losses of EGP 5.41 million in H1-20, including minority shareholders' rights.  …

Financial Results

5 September 2021 04:42 PM TAMEER's shareholders approve capital raise

Cairo – Mubasher: The extraordinary general meeting (EGM) of Development and Engineering Consultants Co (TAMEER) approved a decision to increase the company's issued and paid-up capital to EGP 299.376 million from EGP 249.48 million. The capital …

Corporate Actions

7 July 2021 04:18 PM The MarQ Developments acquires land from TAMEER to build EGP 2bn project

By: Abdullah Bedeir  Cairo - Mubasher: The MarQ Developments purchased a 20-feddan land plot in New Cairo from Development and Engineering Consultants Co (TAMEER) to build its latest project named The WaterMarQ with investments of EGP 2 billion. …

Real estate

21 June 2021 02:06 PM FRA nods to TAMEER's capital raise request

Cairo - Mubasher: Development and Engineering Consultants Co (TAMEER) received the Egyptian Financial Regulatory Authority's (FRA) approval to proceed with the capital raise procedures.  The FRA decided to publish the disclosure form submitted by …

Corporate Actions

14 March 2021 05:55 PM TAMEER's profit down 62% in 2020; board proposes capital raise via bonus issue

Cairo – Mubasher: The consolidated net profits of Development and Engineering Consultants Co (TAMEER) slumped by 62% year-on-year (YoY) to EGP 18.14 million in 2020, compared to EGP 47.68 million, excluding minority shareholders’ rights. In …

Corporate Actions

8 March 2020 03:34 PM Development and Engineering Consultants proposes capital raise

Cairo – Mubasher: The board of directors of Development and Engineering Consultants Co (TAMEER) decided to increase its issued capital to EGP 274.428 million from EGP 249.48 million, according to a bourse disclosure on Sunday. The board …

Corporate Actions

8 March 2020 02:21 PM Development and Engineering Consultants posts 86% profit drop in 2019

Cairo – Mubasher: Development and Engineering Consultants Co (TAMEER) reported an 85.53% year-on-year plunge in its net profits during 2019, the company’s consolidated financial statements showed. The company’s net profits dwindled to EGP 47.86 …

Financial Results

2 March 2020 03:10 PM TAMEER eyes EGP 2bn in sales of Azad New Cairo

By: Abdullah Bedeir Cairo – Mubasher: Development and Engineering Consultants Co (TAMEER) aims to generate EGP 2 billion in sales of its Azad project in New Cairo, the company’s managing director Antoine El-Khoury said. Covering an area of 19 …

Real estate

23 January 2020 02:09 PM TAMEER targets EGP 3.5bn sales from 2 new projects

Cairo – Mubasher: Egypt-based Development and Engineering Consultants Co (TAMEER) is looking to develop new residential and commercial projects in Cairo, the company’s managing director Antoine El-Khoury told Thomson Reuters Projects News. The …

Companies Investments

28 November 2019 02:55 PM Development and Engineering Consultants reports EGP 14.3m consolidated profit in 9M

Cairo – Mubasher: Development and Engineering Consultants Co’s (DAPH) net profit dropped by 79% year-on-year during the first nine months of 2019, the company’s consolidated financial statements showed. The company’s net profit plunged to EGP 14.3 …

Financial Results

15 November 2019 04:12 PM Development and Engineering Consultants’ unconsolidated profit soars in 9M/19

Cairo – Mubasher: Development and Engineering Consultants Co (DAPH) has reported a 281% year-on-year net profit during the first nine months of 2019, the company’s unconsolidated financial statement showed. Net profit surged to EGP 21.7 million …

Financial Results

4 September 2019 02:16 PM Development and Engineering Consultants turns to losses in H1

Cairo – Mubasher: Development and Engineering Consultants Co (DAPH) announced turning to losses during the first half of 2019, the company’s consolidated financial results showed. The company suffered losses of EGP 3.09 million during the …

Financial Results

10 April 2019 01:17 PM DAPH not to distribute dividends for FY18

Cairo – Mubasher: Egypt-based Development and Engineering Consultants Company’s (DAPH) ordinary general meeting (OGM) has approved not to distribute cash dividends for the fiscal year 2018. The OGM will discuss the possibility of distributing …

Management Decisions

3 July 2018 06:30 PM 10 EGX-listed firms deny ties to UAE-based Abraaj

Cairo – Mubasher: A group of 10 companies listed on the Egyptian Exchange (EGX) have announced that they have no contracts with the UAE private equity company Abraaj Capital. These companies included Sidi Kerir Petrochemicals, Egypt Free Shops, …

Companies Investments

15 March 2018 02:02 PM Misr Iran Bank reduces stake in DAPH to 4.6%

Cairo – Mubasher: Misr Iran Development Bank (MIDB) has trimmed its stake in Development and Engineering Consultants Company (DAPH) to 4.61% from 5.05%, Pharos Holding for Financial Investments reported. The Egyptian lender sold 82,100 shares with …

Corporate Actions

15 August 2017 09:43 PM DAPH widens losses tp 85% in Q2

Cairo - Mubasher: The independent financial statements of Development and Engineering Consultants Company (DAPH) showed a rise in losses by 85% year-on-year during the second quarter of 2017. The company said in a statement to the Egyptian …

Financial Results

31 May 2017 00:10 PM DAPH Q1 profits rise 74% in Q1

Cairo – Mubasher: Development and Engineering Consultants Company (DAPH) said Wednesday that its consolidated profits for the first quarter of fiscal year 2017 grew 74% to EGP 4.7 million, compared to EGP 2.7 million for Q1-16. Consolidated …

Financial Results

18 May 2017 00:01 PM Shareholder cuts stake in DAPH to 4.78%

Cairo – Mubasher: Honest Brokerage Company said Thursday that a shareholder of Development and Engineering Consultants Company (DAPH) has reduced his stake in the company’s capital from 5% to 4.78%. Shareholder Hany Othman has sold 35,000 shares …

Insider Trading & Treasury Stocks

24 April 2017 10:39 AM Tameer OGM approves dividends for 2016

Cairo – Mubasher: Development and Engineering Consultants Company (Tameer) said Monday that its ordinary general meeting (OGM) has approved to distribute cash dividends of 0.62 per share and 1-for-10 bonus shares for fiscal year 2016. The OGM also …

Cash Dividends

27 March 2017 10:32 AM Tameer turns profitable in Q4

Cairo – Mubasher: Development and Engineering Consultants’ (Tameer) adjusted financial statements showed a net profit of EGP 39.48 million for the fourth quarter of the fiscal year 2016, compared to a net loss of EGP 4.89 million. Adjusted net …

Financial Results

20 March 2017 11:09 AM DAPH approves capital hike via bonus shares

Cairo – Mubasher: Development and Engineering Consultants Company (DAPH) said Monday that its board has agreed to increase the issued and paid-up capital from EGP 226.8 million to EGP 249.48 million via distributing 1-for-10 bonus shares. The …

Corporate Actions

16 March 2017 00:33 PM Shareholder increases stake in DAPH to 5%

Cairo - Mubasher: Shareholder Hani Osman Hussein Al Hinnawy increased his stake in Development and Engineering Consultants Company (DAPH) from 4.69% to 5.01%, Honest Brokerage and Book Keeping stated. Al Hinnawy bought 51,000 shares worth EGP …

Corporate Actions

10 November 2016 02:19 PM Tameer profits down 61% in 9M

Cairo – Mubasher: Development and Engineering Consultants (Tameer) posted 61% decline in net profits for the nine – month period ended September 2016. The company reported net profits of EGP 7.35 million for the first nine months of 2016, down …

Financial Results

30 August 2016 04:46 PM Taameer H1 consolidated profits down 87%

Cairo – Mubasher: Development and Engineering Consultants Co (Tameer) posted a decline of 87% in the consolidated profits during the first six months of 2016 as compared to the same period in the prior year. Net earnings after taxes shrank to EGP …

Financial Results

15 August 2016 01:58 PM Tameer profits down 89% in H1

Cairo – Mubasher: Development and Engineering Consultants Company (Tameer) reported a decline of 89% in net profits for the first half of 2016. The real estate developer saw net profits of EGP 1.88 million in H1-2016, down from EGP 17.2 million …

Financial Results