Five Developers Race for Megaproject, New Suez Canal Area

• Tuesday, 31st January 2017
• by Farah Montasser

Amer Group, Ramco, and Travco, among other unidentified real estate developers are competing for the biggest tourist project in the New Suez Canal Area

Amer Group to Develop Santorini Project in Ain El Sokhna

• Monday, 23rd January 2017
• by Farah Montasser

Prominent Egyptian developer, Amer Group, will partner with Porto Group to develop Santorini Project in Ain El Sokhna

Porto Dead Sea to launch in September

• Tuesday, 17th January 2017
• by Yasmin El-Beih

Amer Group heads east to launch its first project, Porto Dead Sea, in Jordan, Invest-Gate reports. Amer Group is to inaugurate the first phase of Porto Dead Sea in September, the Group’s Brand Manager Alaa ElBarbar ...

Amer Group Acquires License to Build 23,000 Units in North Coast

• Tuesday, 1st November 2016
• by Karim Mohy

Egyptian developer Amer Group has received licenses to build an additional of 23,000 units in the North Coast.

Amer Group Offers New ‘Moneyback’ Method to Sell Units

• Wednesday, 5th October 2016
• by Fatma Khaled

Amer Group aims to sell its remaining units in eight projects through a new program called “Moneyback” that involves immediate handover and ownership of the units, while the cost will be paid off within 10 years, wit ...

Amer Group to Pay EGP 73M in Violations

• Monday, 4th July 2016
• by Heba Eid

Amer Group is requested to pay EGP 73 million in fines by Touristic Villages Organization for utilizing pier of Marina El Alamein Center in addition to the other installments of Porto Marina land in North Coast.

Porto Group Hits EGP 191M in Revenues in Q1 2016

• Tuesday, 24th May 2016
• by Invest Gate

Porto Group announced its consolidated revenue for the first quarter (Q1) of 2016, achieving a gross profit of EGP 68 million with a gross profit margin of 36%.