Amer Group Names Porto Club for Sports Investment CEO

Amer Group has announced the appointment of Hassan Elaroussy as the CEO of its subsidiary Porto Club for Sports Investment, aiming to develop a sporting club in its Porto Said project on the Mediterranean Sea.

EFG Hermes, Qasatli to Issue EGP 1.8 bn Securitized Bonds

EFG Hermes has partnered with newly set-up mortgage finance company Qasatli to issue five-year securitized bonds, worth EGP 1.8 bn.

Works at Amer Group’s Porto Heliopolis Paused

Amer Group has confirmed that works at its latest project in east Cairo, Porto Heliopolis, owned by its subsidiary Delmar for Touristic Development, have been temporarily suspended by the competent authorities.

Amer Group Intends on A New Minya Tourism Venture

One of the highly anticipated cities to form the new map of Egypt, New Minya, to see major real estate and tourism developments soon

Advertorial: Amer Group Successfully Releases Porto Heliopolis

Amer Group has announced the launch of Porto Heliopolis, the first gated community in Heliopolis, east Cairo.

Amer Group Sees Lower Profits in H1

Amer Group Holding posted a 54% year-on-year slump in its consolidated profits for the first half of 2019, mainly due to lower sales.

Amer Group Decides to Delist from EGX

Egypt-based property developer Amer Group said its board decided to voluntarily delist the company’s shares from the Egyptian Stock Exchange (EGX).

Amer Group to Establish EGP 3 bn Touristic Project in Port Said

Chairman of Amer Group Mansour Amer has signed a contract with Major General Adel Al Ghadban, governor of Port Said, to establish a 90-acres integrated touristic project in Western Port Said, with an initial inves ...

Nile Property Expo kicks off With Top Egyptian Developers at The Helm

Nile Property Expo 2017 real estate exhibition will kick off December 14 in Abu Dhabi, where a number of top Egypt-based developers will showcase their projects

Amer Group Q1 Profit Decreases 6% y-o-y

Egypt’s real estate developer Amer Group Holding Company posts consolidated net profit of EGP 63.95 mn in the first quarter of 2017, down by 6% compared with EGP 68.07 mn in the same period last year, Invest-Gate rep ...

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