MNHD Profits Jump 494% in Q1
Egypt’s urban developer Madinet Nasr Housing and Development (MNHD) is posting consolidated net profits of EGP 407.2 mn in the first quarter of 2017, a surge of 493.6% y-o-y from EGP 68.6 mn in the same period a year ...
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 ...
HDB’s Standalone Profit Rises in Q1
Egypt's Housing and Development Bank standalone net profit after tax accounts for EGP 349 mn in Q1 of 2017 compared to EGP 218 mn a year ago, Invest-Gate reports.
Kuwait’s Ajial Real Estate Entertainment Q1 profit rises
Kuwait’s real estate developer Ajial Real Estate Entertainment posts a net profit of AED 1.1 mn in the first quarter of 2017, compared to AED 733,264 in the same period a year earlier, Invest-Gate reports.
Dubai’s Arabtec Returns To Profit in Q1 2017
Leading UAE construction company Arabtec Holding returns to profits in its financial results of the 1Q of 2017 after two years of losses, according to Reuters
DP World Net Profit Rises by 28% y-o-y in 2016
Dubai-based global ports operator DP World reported a 28% y-o-y rise in net profit for the full year ending December 31, 2016, Invest-Gate reports.
Orascom Incurs EGP 168 M Loss in Q2 2016
Orascom Development Holding turned an EGP 168 million loss in the second quarter of 2016, the company's consolidated financial results showed.
SODIC Records Net Profit of EGP 158M in H1 2016
Sixth of October Development & Investment Company (SODIC), an Egypt-based real estate developer, recorded a net profit of EGP 97 million for the second quarter of 2016.
