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 ...
Emaar Posts 15% Profit Rise in Q1
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
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
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
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
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
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
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.
