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26 January 09:14 AM

Emaar Misr for Development SAE (EMFD)

Last update: 25 January 02:29 PM market time.
2.61
0.01
0.38%
Open 2.60
Previous Close 2.60
High 2.62
Low 2.58
Stock Statistics
Volume 4,506,935
Turnover 11,743,908.00
All data are 15 minutes late during market session

News

The investment zone will create about 77,000 jobs
22 November 2020 02:01 PM GAFI approves Emaar Misr's EGP 40bn investment zone
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 …
Macroeconomics
Revenues retreated to EGP 2.27 billion
15 November 2020 01:53 PM Emaar Misr for Development's profit soars 62% in 9M
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 …
Financial Results
The company’s revenues retreated to EGP 1.01 billion
9 August 2020 11:06 AM Emaar Misr posts 6-fold profit jump in H1-20
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 …
Financial Results
Emaar Misr obtained approval to build the investment zone
29 July 2020 03:56 PM Egypt’s cabinet approves building investment zone in Uptown Cairo
Cairo – Mubasher: The Egyptian cabinet approved a request for the establishment of a specialised investment zone over 64 feddans in Uptown Cairo in Zahraa El-Mokattam. Emaar Misr for Development obtained approval to build the investment zone over …
Macroeconomics
The company’s revenues plunged to EGP 239.5 million
9 June 2020 03:39 PM Emaar Misr's Q1 profits almost halve on lower revenue
Cairo – Mubasher: Emaar Misr for Development achieved consolidated net profits of EGP 215.82 million during the first quarter of 2020, down by 48% year-on-year (YoY) from EGP 418.62 million. The company’s revenues plunged to EGP 239.5 million in …
Financial Results
Emaar Misr submitted a proposal to establish ‘Emaar Square'
8 June 2020 01:19 PM Emaar Misr proposes to build EGP 40bn investment zone
Cairo – Mubasher: Emaar Misr for Development has proposed to establish an investment zone at a cost of EGP 40 billion. The company welcomes any investment-related initiatives proposed by the General Authority for Investment and Free Zones (GAFI), …
Real estate
The company’s revenues declined to EGP 5.4 billion
2 March 2020 11:37 AM Emaar Misr for Development’s profit falls 49% in 2019
Cairo – Mubasher: The consolidated financial statements of Emaar Misr for Development showed a 49% year-on-year profit plunge during 2019. The company’s net profits shrank to EGP 1.7 billion last year from EGP 3.4 billion in 2018, including …
Financial Results
Construction in the project is expected to start immediately
1 December 2019 05:27 PM Emaar Misr inks EGP 1.6bn deal with Arabtec Construction
Cairo – Mubasher: Emaar Misr for Development signed a contract with Arabtec Construction, a subsidiary of Arabtec Holding, to build an urban community ‘Greek Village’ with a total value of EGP 1.608 billion ($99.7 million).  The project includes …
Real estate
The project is situated on a spatial area of 120.9 feddan
28 November 2019 03:09 PM Emaar Misr sees Cairo Gate's investments at EGP 11.5bn
Cairo –Mubasher: Emaar Misr for Development announced that it will offer Cairo Gate project residential project for sale following the approval of the masterplan. The project is set to generate investments worth EGP 11.5 billion, said a bourse …
Companies Investments
Emaar Misr has developed 6m square metres in Egypt
28 November 2019 02:34 PM Emaar Misr pays EGP 1bn for lands in Sheikh Zayed
Cairo – Mubasher: Emaar Misr for Development has made the EGP 1 billion first payment for plots of Cairo Gate and Sheikh Zayed projects. Situated on 120.9 feddan, Cairo Gate project is expected to receive EGP 11.5 billion investments, the company …
Real estate
Cairo Gate residential project will be built with total investments of EGP 11.5 billion
27 November 2019 05:41 PM Emaar Misr eyes EGP 49bn investments in Sheikh Zayed
Cairo – Mubasher: Emaar Misr for Development has signed two agreements with the Egyptian New Urban Communities Authority (NUCA) to establish two urban projects at a combined area of 621 feddans with total investments of EGP 49.3 billion in Sheikh …
Real estate
The Egyptian government signed a settlement deal with Emaar Misr
27 November 2019 04:40 PM Egypt’s housing ministry inks 2 deals with Emaar Misr
Cairo – Mubasher: The Egyptian Ministry of Housing signed two agreements with Emaar Misr for Development, Akhbar El-Yom reported on Wednesday. The first one is a settlement agreement between the real estate developer and the Egyptian government, …
Emaar Misr's net profit fell to EGP 628.99 million in nine months
27 November 2019 11:31 AM Emaar Misr in talks with authorities over 138-feddan land in Sheikh Zayed
Cairo – Mubasher: Emaar Misr for Development is in advanced talks with the concerned authorities to regularise its ownership of its 138-feddan land in Sheikh Zayed, according to a bourse disclosure on Wednesday. The head of Sheikh Zayed …
Real estate
Emaar Misr logged a net profit of EGP 628.99 million in nine months
25 November 2019 04:24 PM Emaar Misr rebuys 68.5-feddan land in Sheikh Zayed Extension
By: Abdullah Bedeir Cairo – Mubasher: Emaar Misr for Development has purchased a 68.5-feddan land, representing 50% of its 137-feddan land in Sheikh Zayed Extension, head of Sheikh Zayed Development Authority Mostafa Fahmy told Mubasher. The land …
Real estate
The contract works will start immediately
19 November 2019 09:47 AM Arabtec wins AED 366m project in Egypt’s Marassi
Dubai – Mubasher: Arabtec Holding said that its fully-owned subsidiary, Arabtec for Construction, was awarded a contract worth AED 366 million (EGP 1.608 billion) in the Greek Village by Emaar Misr for Development to build 42 townhouses, in …
Real estate
The company’s revenues declined to EGP 2.34 billion
5 November 2019 11:43 AM Emaar Misr’s profit drops 64% in 9M
Cairo – Mubasher: Emaar Misr for Development, an Egyptian unit of the Dubai-based real estate firm Emaar Properties, reported a 64.2% year-on-year profit retreat during the first nine months of 2019, according to the company’s consolidated …
Financial Results
Emaar Properties has created 15,000 direct and indirect jobs in Egypt
3 October 2019 05:13 PM Emaar Misr, El Nasr Housing reach EGP 100m settlement deal
Cairo – Mubasher: El Nasr Housing and Development, a subsidiary of the Egyptian Ministry of Public Enterprise, has signed a settlement agreement with Emaar Misr for Development to end a dispute regarding a project located in Mokattam. Under the …
Uptown Cairo is an integrated development in Egypt
27 August 2019 09:06 AM Arabtec unit wins AED 408m contracts in Egypt
Dubai - Mubasher: Arabtec Holding, a Dubai-based contractor for social and economic infrastructure, on Tuesday announced that its wholly-owned subsidiary Arabtec Construction has been awarded AED 408 million contracts by Emaar Misr for …
Real estate
The two projects feature 449 residential units
25 August 2019 01:40 PM Emaar Misr pens EGP 1.8bn deal with Arabtec Construction
Cairo – Mubasher: Emaar Misr for Development, an Egyptian unit of the Dubai-based real estate firm Emaar Properties, announced signing a contract valued at EGP 1.844 billion with UAE’s Arabtec Construction for the establishment of two urban …
Real estate
The Marassi project land was purchased by Emaar Misr in a public auction
21 August 2019 11:53 AM Emaar Misr denies businessman’s alleged ownership of Marassi land
Cairo – Mubasher: Emaar Misr for Development, an Egyptian unit of the Dubai-based real estate firm Emaar Properties, denied reports claiming that the company will not be able to register the sale of residential units sold to its customers in …
Real estate
Emaar Misr has used EGP 156.03 million of the proceeds in Emaar Square project
8 August 2019 05:40 PM Emaar Misr uses 100% of capital raise proceeds
Cairo – Mubasher: Emaar Misr for Development has used 100% of the capital raise proceeds amounting to EGP 2.28 billion from July 2015 to 5 August. The company has used EGP 156.03 million of the proceeds in Emaar Square project, according to a …
Corporate Actions
Net profits plunged to EGP 94.29 million
5 August 2019 11:02 AM Emaar Misr’s H1 profit dips 91% on lower revenue
Cairo – Mubasher: Emaar Misr for Development, an Egyptian unit of the UAE-based leading real estate firm Emaar Properties, reported a 91% year-on-year profit drop during the first half of 2019, according to the company’s consolidated financial …
Financial Results
Emaar Properties’ stock jumped 2.91% to AED 4.59
8 July 2019 01:05 PM Emaar Properties’ stock acquires 42% of DFM’s liquidity mid-Monday
By: Enas Bahgat Dubai – Mubasher: Emaar Properties, listed on the Dubai Financial Market (DFM), has topped rising blue-chip stocks during Monday’s mid-trades, dominating 42% of the market’s total liquidity. By 1.44 pm UAE time, Emaar Properties’ …
Real estate
Emaar Misr reported a profit of EGP 418.6 million in Q1-19
7 July 2019 01:46 PM Emaar Misr, El Nasr Housing ink Uptown Cairo settlement deal
Cairo – Mubasher: Emaar Misr for Development announced signing a preliminary agreement with El Nasr Housing and Development to end a dispute regarding Uptown Cairo land.   El Nasr Housing and Development agreed to drop its lawsuit against Emaar …
Real estate
Talaat Moustafa Group Holding recorded revenues of EGP 2.24 billion
4 July 2019 04:54 PM EGX-listed real estate firms post EGP 6.6bn revenues in Q1
By: Abdullah Bedeir Cairo – Mubasher: Revenues of real estate companies listed on the Egyptian Exchange (EGX) grew by 5.49% year-on-year during the first quarter of 2019, according to statistics conducted by Mubasher. From January to March, …
Real estate