Egypt’s Amer Group turns profitable in 2023
Egyptian real estate company, Amer Group reported on Tuesday a consolidated net profit of 45.9 million Egyptian…
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Amer Group
Egypt’s Amer Group profit jumps 226% in 2021
Egyptian real estate firm Amer Group reported on Wednesday a 226 percent year-on-year surge in consolidated profit…
Egypt’s Amer Group net profit soars 538% in H1
Egyptian real estate firm Amer Group reported on Thursday a 537.75 percent year-on-year boom in net profit for the…
EFG Hermes closes EGP 700m securitisation bond issuance for Amer, Qasatli, Porto
The Egyptian Financial Group Hermes Holding (EFG Hermes) has concluded the first issuance of a securitisation…
Amer Group’s unit buys 56-feddan land to build Porto El Minya
Amer Group Holding Co said that its subsidiary Amer Tourism Development signed a contract with the New Urban…
Egypt’s Porto Group to rebrand as Porto Developments
Egypt’s property firm Porto Group unveiled on Sunday some new strategies to restructure its administrative and…
Sarwa, Amer to issue their sukuk sales before 2020 ends
Sukuk issuance by EGX-listed Sarwa Capital and Amer Group set to be launched before the year is out, the Daily News…
Amer Group’s unit signs EGP 450m funding deal with Ahli United Bank
Delmar for Touristic Development, a 99.9 percent-owned subsidiary of Amer Group Holding Co, signed a funding…
Amer Group cancels plan to build project in New Sohag City
Amer Group Holding Co cancelled a plan to buy a land plot in New Sohag City for building an urban project.
Amer Group unveils developments on New Minya land allocation
The New Minya City Authority approved a change to the land allocation request submitted by Amer Group Holding Co’s…
Amer group signs with Sarwa, Misr Capital to get into corporate Sukuk activity
Amer Group have signed with Sarwa Capital and Misr Capital Investments, Banque Misr’s investment arm, as advisors…
Egypt’s Amer Group names ex-transport minister Hisham Arafat new CEO
Egypt’s property developer Amer Group announced on Monday it had named former transport minister Hisham Arafat as…
Egypt’s Amer Group to discuss nominal value change today
Egyptian property developer Amer Group is holding on Sunday its extraordinary general assembly meeting to change…
Egypt’s property developer Amer profits shrink in H1
Egyptian real estate firm Amer Group Holding’s first-half profits dropped to 55.08 million Egyptian pounds ($3.1…
Egypt’s Amer Group contracts to execute new touristic project in Port Said
Egypt’s Amer Group Holding has signed a contract to implement a fully-fledged touristic and entertainment flagship…
Egypt’s Amer Group 2017 net profit falls 50%
Egypt's property developer Amer Group reported Sunday a 49.59 percent fall in its 2017 net profit, compared to…
EGX 30 closes 1.02% higher
Egypt’s stock market ended higher on Monday following Finance Minister Amr el-Garhy’s remarks about possibilities…
Amer Group to deliver mega project in Marsa Matrouh in 3Yrs
Egypt’s property developer Amer Group says it plans to deliver its new flagship in Marsa Matrouh, 524 km (325.6…
Property developer Amer Group Q1 profits fall 6%
Egypt’s property developer firm, Amer Group reported Sunday a six percent fall in its first quarter consolidated…
Amer Group, Porto Group Holding to develop Santorini project in Ain Sokhna
Egypt-based Amer Group signed a partnership contract with Porto Group Holding to develop Santorini Project in Ain…
Egypt property developer Amer Group inaugurates Porto Sharm El-Sheikh
Egyptian real estate company Amer Group has inaugurated Friday the first phase of its newest large-scale,…
Egypt’s Touristic Villages Organization demands Amer Group to pay $8mn
Touristic Villages Organization requested Amer Group (AMER) to pay 73 million Egyptian pounds ($8 million) for…
Amer Group vice president resigns, new managing director appointed
The Board of Directors of Egypt's leading property developer Amer Group accepted the resignation of Mohamed El…
Egyptian Amer Group says Q3 net profit falls 56.4%
Egyptian real estate company Amer Group said Thursday its third-quarter net profit fell 56.4 percent. Amer Group…
Egypt stocks end week lower, main index falls 0.7%
Egypt's stock market edged lower this week with losses 1.45 billion Egyptian pounds (US$ million) on local and Arab…
Porto stocks climb on their first day of trade at Cairo bourse
Porto Group has sparkled on its first day of trading early Thursday on Cairo bourse. The stock traded as high as…
Amer Group eyes $647mn revenues from Porto Group’s units
Egypt-based property developer, Amer Group is targeting revenues of 5.2 billion Egyptian pounds (US$647…
Amer Group boosts Egypt; Saudi stalls at chart barrier
A surge in the shares of real estate developer Amer Group boosted Egypt's stock market on Monday, while a…
Amer Group H1 net profit slides 61%
Egyptian property developer, Amer Group (AMER.CA) announced Wednesday its first half consolidated profit fell 61…
Amer Group total assets record US$1.08 bln in three months
Egyptian real estate company Amer Group said Monday its total assets reached 8,5 billion Egyptian pounds (US$1,08…
Amer Group to establish offshore in Dubai
Amer Group Holding's Board of Directors approved to establish limited offshore Company in free zone at Jebel Ali,…
Amer Group Coordinates With International Tourism Companies
Porto World Hotels and Resorts, an Amer Group company (AMER) , has started conducting protocols and agreements with…
Egypt’s Amer Group posts hikes in Q1 profit
Amer Group's first-quarter net profit jumped to 16.358 million Egyptian pounds ($2.14 million) from 2.027 million…
Amer Group starts construction of Jordan’s Dead Sea Resort
Egypt-based real estate company Amer Group said on Thursday it had begun the construction of a 150 million dinar…
Amer Group says 2014 net profit up 670%
Egyptian real estate company Amer Group Holding Co said Monday its net profit for 2014 increased 670% over the…
CI Capital says arranging Four IPOs worth $600mn on Egypt Bourse
Egypt’s investment bank CI Capital is arranging four initial public offerings (IPOs) in the country’s bourse at a…
OTMT: Highest Volume of Trades on Egypt Stock Market
Egypt’s Orascom Telecom Media and Technology Holding has registered the highest volumes traded among other nine…
Saudi Al-Othaim Outlines 3-year Investment Strategy for Egypt’s Tourism Sector
Saudi-based Al-Othaim Group is planning to pump investments estimated at 300 million Egyptian pounds (US$42…
Amer Group: Saudi Al-Othaim to Build Porto Cairo Mall’s Entertainment City
Egypt’s leading property developer Amer Group has signed an agreement with Saudi Al-Othaim Group to establish an…
In Week, OTMT Records Highest Volume of Trades on Egypt Bourse
Egypt’s Orascom Telecom Media and Technology Holding has recorded the largest volumes traded among other nine…