Amer Group Q3 net profit plunges 56pcEgyptian real estate company Amer Group's third-quarter net profit fell 56.4 per cent, it said in a bourse statement. Amer Group made a net profit of E£43.6 million ($5.38 million) in the third quarter compared to E&poun More… |
Egypt's Amer Group to split into two companiesEgyptian real estate company Amer Group plans to split into two companies in an attempt to create more opportunities for its development business and boost trading in its shares. The company, which owns hotels, restaurants and sho More… |
Egypt's Amer to scrap Porto Marina expansionEgyptian real estate company Amer Group said on Wednesday it was scrapping plans to expand its Porto Marina Golf resort due to the economic slowdown. Chief financial officer Hisham Taha told Reuters, Amer, which has already developed More… |
Amer Group to begin selling Syrian unitsEgyptian property developer Amer Group will begin selling units at its Porto Tartous tourist project in Syria this week, it said on Monday. Amer Group, which sells property on Egypt's coasts, has been expanding outside the country with pro More… |
Amer Group in big IPO successEgyptian real estate firm Amer Group's initial public offering (IPO) was oversubscribed 5.8 times, its adviser Beltone Financial said after the offering closed on Thursday. The firm received bids for 478.9 million shares compared with 82.1 More… |
Amer Group IPO oversubscribedEgyptian real estate firm Amer Group's initial public offering (IPO) has been oversubscribed, its financial advisor Beltone Financial said. Offers for 97 million shares had been made by 0928 GMT, more than the 82.1 m More… |
Egypt's Amer Group to launch IPOEgyptian real estate company Amer Group expects to raise 1.14 billion Egyptian pounds ($242 million) through an initial public offering and a private placement before the end of the month, its IPO adviser said on Saturday. The company expe More… |
Egypt's Amer Group to launch IPOEgyptian real estate firm Amer Group expects to raise $300 million through an initial public offering and a private placement before the end of November, a newspaper reported on Sunday. The firm will issue 400 million shares through a priv More… |
Amer Group launches investment offerAmer Group, a leading Egypt-based developer and operator of luxury destination resorts, has launched a special investment offer to mark Ramadan. The Triple 10 Offer provides customers with the opportunity to own an apartment at the Gr More… |
Amer launches beachfront apartmentsThe Amer Group, Egypt’s leading developer and operator of luxury destination resorts, has launched its Platinum Tower apartments and penthouses at its Porto Marina beachfront destination resort. Porto Marina, located on the Mediterranean c More… |