Carrefour Inaugurates its First Store in Porto Marina

Carrefour, owned and operated by Majid Al Futtaim in Egypt, and A CAPITAL GROUP (ACAP), one of Amer Group’s divisions, have announced the opening of the first Carrefour store in Porto Marina on the North Coast, In ...

Amer Group Presents 14 Projects in Cityscape 2022

Amer Group participates in Cityscape 2022 with 14 projects in order to communicate with its customers directly during the exhibition period, Invest-Gate reports.

Amer Group Expands Real Estate, Tourism Activities

Amer Group's board of directors approves a plan to restructure the company, aiming at achieving wide development and change in the group's different activities, Invest-Gate reports.

Amer Group Contractual Sales Soar 535% in Q1

Amer Group releases its consolidated financial results, as the real estate sector achieved an increase in contractual sales during Q1 2022, Invest-Gate reports.

Amer Group & Banque Misr Seal a EGP 650mn Financing Deal

Amer Group’s subsidiary Amer for Tourism Development signs a financing contract with Banque Misr worth of EGP 650 mn to partially finance Porto El Minya and Porto Said projects

Amer Group Celebrates Delivering 1,300 Units in Porto Said

Amer Group, the leading real estate development company, celebrates the delivery of more than 1,300 units in its comprehensive project of Porto Said, Invest-Gate reports.

Amer Group’s Unit Borrows EGP 450 mn for Porto Heliopolis

Amer Group's subsidiary Delmar for Touristic Development has signed an EGP 450 mn loan contract with Ahli United Bank to finance the Porto Heliopolis project.

Amer Group Still Mulls Land Purchase in New Sohag

Egypt-based Amer Group is still in the preliminary phase of conducting financial studies and due diligence on the feasibility of land purchase in New Sohag.

Amer Group’s Unit Gets Approval to Crop New Minya Land Area

Amer Group's subsidiary Amer for Tourism Development has obtained approval from the New Minya City Authority to scale down the land area allocated for an integrated urban project in the new city.

Amer Group Net Profit Rises 8.6% in H1 2020

Egypt-based Amer Group reported an 8.6% hike in net profits in H1 2020, logging EGP 27.6 mn versus EGP 25.4 mn in the corresponding period last year.

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