ERC Records EGP 49.5 mn Revenues in Q3 of 2016

• Tuesday, 15th November 2016
• by Karim Mohy

The Egyptian Resorts Company (ERC) has recorded revenues of EGP 49.5 mn in the third quarter of 2016, compared to last year’s EGP 16.7 mn, according to its latest financial statement.

Kuwait’s Al-Tijaria Q3 Net Profit up 9% y-o-y

• Tuesday, 15th November 2016
• by Karim Mohy

Kuwaiti real estate firm The Commercial Real Estate Company (Al-Tijaria) recorded third quarter net profit of KWD 8.3 mn.

Arabtec 3Q Losses Narrow 76% y-o-y

• Monday, 14th November 2016
• by Karim Mohy

Dubai-based construction firm Arabtec Holding PJSC reported net losses attributable to its parent at AED 225 mn for the third quarter of 2016, marking a 76% decrease in losses compared to the same period last year, a ...

Drake & Scull’s Losses Narrow in Q3

• Monday, 14th November 2016
• by Karim Mohy

Dubai-based construction company Drake & Scull International PJSC (DSI) on Monday reported net losses attributable to shareholders of AED 46.3 mn in the third quarter of 2016, according to their 9M 2016 financial sta ...

AREH for Real Estate records Profit Growth in Q3 2016

• Sunday, 13th November 2016
• by Karim Mohy

Real Estate Egyptian Consortium (AREH) has recorded 10% growth in the third quarter of 2016.

Talaat Mostafa Group Records 10.5% Q3 Growth y-o-y

• Sunday, 13th November 2016
• by Karim Mohy

Talaat Mostafa Group has recorded an unaudited net profit of EGP 184.3 mn in the third quarter of 2016, compared to a net profit of EGP 166.8 mn in the same period last year.

Emaar Records Q3 Net Profit Growth of 36% q-o-q

• Wednesday, 9th November 2016
• by Karim Mohy

Dubai-based developer Emaar Properties announced a 36% quarterly increase in net profit in the third quarter of 2016 to AED 1.1 bn.

RAK Properties Reports 187.9% Increase in 9M Net Profit

• Tuesday, 8th November 2016
• by Karim Mohy

RAK Properties, a UAE-based property developer, has recorded a net profit for the first nine months of 2016 of AED 79.15 mn.

Aldar Records 16% Gain in Net Profit y-o-y

• Tuesday, 8th November 2016
• by Karim Mohy

Abu Dhabi-based property development and management company Aldar Properties announced a 16% gain in net profits in the third quarter of 2016 compared to the same period in 2015.

Emaar Misr Records 9M 2016 Net Profits of EGP 1.0 bn

• Tuesday, 8th November 2016
• by Karim Mohy

Emaar Misr recorded net profits of approximately EGP 1.0 bn in the first nine months of 2016, compared to about EGP 745 mn during the same period last year, marking an approximate 43% year-on-year increase.