Egyptian real estate developer Madinet Nasr Housing and Development reports a 246% year-on-year growth in net profits in the first half of the fiscal year 2016/2017, which ended on June 31, 2017, Invest-Gate reports.
Egyptian state-run real estate developer Madinet Nasr for Housing and Development Company submits the documents regarding a reduction in its issued capital to record EGP 997.1 mn (USD 1.3 bn), Invest-Gate reports.