TAMEER Sees 64% Rise in 2018 Consolidated Sales, Profits

• Sunday, 10th March 2019
• by Invest Gate

Egypt's real estate development and investment company TAMEER achieved a growth rate of 64% in its consolidated sales and profits to total EGP 742 mn for 2018, compared to EGP 453 mn in 2017.

Palm Hills Targets EGP 14 bn Sales in 2019

• Wednesday, 27th February 2019
• by Invest Gate

Egypt's property developer Palm Hills Developments said it targets new sales worth EGP 14 bn in 2019.

Emaar Properties Sees 30% Rise in 2018 Profits

• Wednesday, 20th February 2019
• by Invest Gate

Emaar Properties has posted a net profit of AED 7.216 bn in 2018, a 30% rise from AED 5.561 bn reported in 2017, prior to considering the effect of the initial public offering (IPO) of Emaar Development and forex ...

Orascom Construction’s Adjusted Net Income Rise 208.5% in Q3 2018

• Sunday, 2nd December 2018
• by Invest Gate

Egypt-based Orascom Construction maintained its positive position in the third quarter of 2018, posting a 208.5% surge in its adjusted net income of USD 69.1 mn versus USD 22.4 mn in the year-ago period, excluding ...

Arab Contractors Eyes EGP 400 mn Profits by Year-End

• Tuesday, 2nd October 2018
• by Invest Gate

Arab Contractors, an Egyptian construction and contracting company, eyes to achieve profits of EGP 400 mn by the end of 2018, with investments worth EGP 20 bn in projects across Arab and African countries

Eshraq Properties Swings to Profits in Q3

• Monday, 23rd October 2017
• by Invest Gate

Abu Dhabi-based property developer Eshraq Properties turns profitable in the third quarter of 2017 against losses incurred in the prior year period

Jabal Omar posts SAR 53.8 mn in Q2 

• Sunday, 20th August 2017
• by Menna A. Farouk

Saudi Arabian developer Jabal Omar Development Co. says its profits rise 467% year-on-year in the second quarter ending June 30, 2017, Invest-Gate reports.

HDB Posts H1 Profits of EGP 599.2 mn

• Wednesday, 16th August 2017
• by Menna A. Farouk

Egypt's Housing and Development Bank (HDB) posts a rise in its standalone profits during the first half of 2017, Invest-Gate reports.

Emaar Reports Profits of AED 1.45 bn in Q2

• Tuesday, 15th August 2017
• by Hager Abdel Al

Dubai-based property developer Emaar Properties reports a rise in its net profits during the second quarter of 2017, Invest-Gate reports.

DAMAC Properties’ Profits Fall for Second Consecutive Quarter

• Monday, 14th August 2017
• by Menna A. Farouk

Dubai-based real estate developer DAMAC Properties reports a fall in profits for the second quarter in a row, Reuters reports.