Emaar Misr for Development SAE (EMFD)

Cairo – Mubasher: Emaar Misr for Development logged a consolidated net profit after tax of EGP 6.81 billion in 2023, versus EGP 6.56 billion a year earlier. Consolidated revenues grew to EGP 15.09 billion last year from EGP 14.73 billion in 2022, …

Cairo – Mubasher: The consolidated net profits after tax of Emaar Misr for Development increased year-on-year (YoY) to EGP 4.98 billion in the first nine months (9M) of 2023 from EGP 4.89 billion. The company posted revenues amounting to EGP 10.58 …

Cairo – Mubasher: Emaar Misr for Development has inaugurated the Address Beach Resort Marassi in Egypt’s North Coast, with an investment of EGP 5 billion. This marks Egypt's second hotel and resort under the Address Hotels and Resorts brand, …

Cairo – Mubasher: The net profits after tax of Emaar Misr for Development grew to EGP 2.22 billion in the first quarter (Q1) of 2023, compared to EGP 1.58 billion in Q1-22. The firm recorded a year-on-year (YoY) decline in revenue to EGP 1.86 …

Cairo – Mubasher: Emaar Misr for Development recorded a surge in net profit after tax to EGP 6.56 billion in 2022, compared to EGP 4.11 billion in 2021. Revenues hiked to EGP 14.73 billion last year from EGP 11.08 billion during the …

Cairo – Mubasher: The net profits after tax of Emaar Misr for Development enlarged to EGP 4.89 billion in the first nine months (9M) of 2022, compared to EGP 2.81 billion in 9M-21. Basic and diluted earnings per share (EPS) stood at EGP 1.05 in …

Cairo – Mubasher: The board of directors of Emaar Misr for Development has approved credit facilities agreements to cover the company’s future financing needs. The board further approved future expansions of the Soul project as per the partnership …

Cairo – Mubasher: Emaar Misr for Development announced signing a partnership contract with Eagle Hills Egypt for Projects and Investment Management, acquiring 25% of Eagle Hills’ capital, according to a bourse statement on Sunday.  In June 2022, …

Cairo – Mubasher: The consolidated net earnings of Emaar Misr for Development surged by 131.55% on an annual basis during the first half (H1) of 2022 to EGP 3.08 billion, including minority shareholders’ rights. This is compared to net profits of …

Cairo – Mubasher: The ordinary general meeting (OGM) of Emaar Misr for Development has approved a partnership with Eagle Hills in developing a residential, tourist, and commercial project in the North Coast region. To participate in the project, …

Cairo – Mubasher: The consolidated net profits of Emaar Misr for Development hiked to EGP 1.58 billion in the first quarter (Q1) of 2022, compared to EGP 529.12 million in the year-ago period. The company's revenues reached EGP 2.57 billion in …

Cairo – Mubasher: Emaar Misr for Development recorded a 117.8% year-on-year (YoY) surge in the consolidated net profits to EGP 4.11 billion in 2021, compared to EGP 1.89 billion, including minority shareholders' rights. The company's revenues …

Cairo – Mubasher: Rowad Modern Engineering (RME), a 51%-owned subsidiary of Elsewedy Electric Company, signed two agreements with both Emaar Misr for Development and Newgiza for developments worth a combined value of EGP 1.59 billion, according to …

Cairo – Mubasher: Emaar Misr for Development reported consolidated net profits of EGP 2.81 billion in the first nine months of 2021, up by 138% year-on-year (YoY) from EGP 1.183 billion, including minority shareholders' rights.  The revenues …

Cairo – Mubasher: The ordinary general meeting (OGM) of Emaar Misr for Development approved a decision to allow non-executive board members to invest, manage, and serve as executive or non-executive board members of other companies.  The decision …

Cairo - Mubasher: Emaar Misr for Development recorded net profits of EGP 1.33 billion in the first half (H1) of 2021, up by 102.6% year-on-year (YoY) from EGP 656.55 million, including minority shareholders' rights.  The revenues soared to EGP …

Cairo – Mubasher: Emaar Misr for Development reported higher profits during the first quarter (Q1) of the year by 113.73%, as shown by the company’s financial results. The company achieved a profit of EGP 529.12 million during the first three …

Cairo – Mubasher: The ordinary general meeting (OGM) of Emaar Misr for Development approved a proposal to cancel dividends for 2020. Some shareholders voted against the no-dividend decision as the company was profitable last year, according to a …

Cairo – Mubasher: Emaar Misr for Development signed a contract with the New Urban Communities Authority (NUCA) to acquire a 500-feddan land in Sheikh Zayed to build an integrated residential project. The value of investments in the project is …

Cairo – Mubasher: Emaar Misr for Development reported consolidated net profits of EGP 1.67 billion in 2020, down by 3.4% year-on-year (YoY) from EGP 1.73 billion, including minority shareholders’ rights.  Revenues declined to EGP 4.68 billion last …

Cairo – Mubasher: Emaar Misr for Development has signed contracts with Hassan Allam Holding and Orascom Construction Plc to build two hotels on the North Coast in Egypt. Under an EGP 1.207 billion contract, Hassan Allam will construct a five-star …

Cairo – Mubasher: The board of Emaar Misr for Development has approved to donate EGP 60 million to Tahya Misr (Long Live Egypt) Fund, according to a bourse filing on Sunday. The donation aims to renovate and build schools and homes and enhance the …

Cairo – Mubasher: The General Authority for Investment and Free Zones (GAFI) approved a new investment zone for Emaar Misr for Development with EGP 40 billion worth of investments. The investment zone will create about 77,000 jobs, the Executive …

Cairo – Mubasher: Emaar Misr for Development registered a 62% year-on-year (YoY) leap in its net profits, logging EGP 1.02 billion in the first nine months of 2020, compared to EGP 628.99 million, including minority shareholders’ rights. Revenues …

Cairo – Mubasher: Emaar Misr for Development reported a 516.7% surge in its net profits to EGP 581.53 million during the first half (H1) of 2020, compared to EGP 94.29 million in the year-ago period. On the other hand, the company’s revenues …