SODIC’s Net Profit Rises 287.8 % y-o-y

• Wednesday, 17th May 2017
• by Nayrouz Talaat

Sixth of October for Development and Investment’s (SODIC) consolidated net profit for the first quarter of 2017 rises by 287.8% to EGP 211.9 mn, versus EGP 54.6 mn for the same period a year earlier, Invest-Gate repo ...

MNHD Profits Jump 494% in Q1

• Tuesday, 16th May 2017
• by Nayrouz Talaat

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 ...

Emaar Posts 15% Profit Rise in Q1

• Monday, 15th May 2017
• by Nayrouz Talaat

Dubai-based property developer Emaar Properties generates profits of AED 1.384 bn in the first quarter of 2017, an increase of 15% compared to AED 1.205 bn in the same period of last year, Invest-Gate reports.

HDB’s Standalone Profit Rises in Q1

• Monday, 15th May 2017
• by Nayrouz Talaat

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.

TMG Posts Net Profit of EGP 288.5 mn in Q1

• Monday, 15th May 2017
• by Nayrouz Talaat

Egypt’s real estate developer Talaat Mostafa Group (TMG) Holding Co. posts consolidated net profit after tax of EGP 288.5 mn in the first quarter of 2017, compared to EGP 207.8 mn in the same period a year earlier, I ...

Kuwait’s Ajial Real Estate Entertainment Q1 profit rises

• Wednesday, 10th May 2017
• by Nayrouz Talaat

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.

Abu Dhabi’s Aldar Properties Posts Net Profit of AED 641.0 mn in Q1

• Tuesday, 9th May 2017
• by Nayrouz Talaat

Abu Dhabi’s real estate developer Aldar Properties posts net profit of AED 641.0 mn in Q1 of 2017, Reuters reports.

Al Mazaya Holding Posts Net Profit of KWD 1.91 mn

• Tuesday, 9th May 2017
• by Fatma Khaled

Kuwaiti-based Al Mazaya Holding posts net profit of KWD 1.91 mn during the first quarter (Q1) of 2017 while achieving sales revenues worth KWD 13.18 mn, Invest-Gate reports.

Marsa Marsa Alam for Development Tourism Q1 losses narrow

• Monday, 8th May 2017
• by Nayrouz Talaat

The Egyptian joint stock company Marsa Marsa Alam for Development Tourism  posts a net loss of EGP 617,633 during the first quarter of 2017, compared to a loss of EGP 6.2 mn a year ago, Invest-Gate reports.

Dubai’s Arabtec Returns To Profit in Q1 2017

• Thursday, 4th May 2017
• by Nayrouz Talaat

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