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Emaar Misr for Development SAE (EMFD.CA)

EMFD.CA on Cairo Stock Exchange

4.16EGP
20 Feb 2018
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Latest Key Developments (Source: Significant Developments)

Emaar Misr awards EGP 2 BLN Contracts to ACC, Orascom Construction
Wednesday, 10 Jan 2018 08:14am EST 

Jan 10 (Reuters) - EMAAR MISR FOR DEVELOPMENTS ::SIGNS TWO CONSTRUCTION CONTRACTS WORTH EGP 2 BILLION FOR PHASE ONE OF MARASSI MARINA PROJECT WITH ARAB CONSTRUCTION COMPANY (ACC) AND ORASCOM CONSTRUCTION INDUSTRIES.AGREEMENT WITH ACC IS WORTH EGP 1.2 BILLION FOR CONSTRUCTION OF FIRST PHASE OF FULLY FURNISHED MARINA APARTMENTS.AGREEMET WITH ORASCOM CONSTRUCTION INDUSTRIES IS WORTH EGP 800 MILLION TO BUILD COMPLETE MARINA BASIN DESIGNED TO BERTH 300 YACHTS.  Full Article

Emaar Misr for Development Q3 profit rises
Monday, 6 Nov 2017 02:10am EST 

Nov 6 (Reuters) - EMAAR MISR FOR DEVELOPMENT ::Q3 NET PROFIT EGP 479.4 MILLION VERSUS EGP 372.1 MILLION YEAR AGO.Q3 REVENUE EGP 840.7 MILLION VERSUS EGP 719 MILLION YEAR AGO ‍​.  Full Article

Emaar Misr for Development Q2 profit rises
Wednesday, 9 Aug 2017 03:25am EDT 

Aug 9 (Reuters) - EMAAR MISR FOR DEVELOPMENT :Q2 NET PROFIT EGP 539 MILLION VERSUS EGP 436.8 MILLION YEAR AGO.H1 NET PROFIT EGP 976.9 MILLION VERSUS EGP 691.3 MILLION YEAR AGO.H1 REVENUE EGP 1.76 BILLION VERSUS EGP 1.78 BILLION YEAR AGO.  Full Article

Emaar Misr for Development Q1 profit rises
Wednesday, 26 Apr 2017 03:49am EDT 

April 26 (Reuters) - Emaar Misr for Development :Q1 net profit EGP 437.9 million versus EGP 254.5 million year ago.Q1 revenue EGP 668.7 million versus EGP 597.4 million year ago.  Full Article

Emaar Misr signs deal with The Address and Vida to operate two hospitality establishments
Monday, 24 Apr 2017 09:37am EDT 

April 24 (Reuters) - Emaar Misr for Development ::Signs deal with The Address and Vida to operate two luxury hospitality establishments in Marrasi Marina.Total development cost of both hotels will exceed EGP 3 billion.Construction will start in Q4 2018, expected launch date for both hotels is 2H 2022.  Full Article

Emaar Misr For Development FY profit rises
Tuesday, 28 Feb 2017 02:30am EST 

Emaar Misr For Development Sae : FY net profit EGP 1.68 billion versus EGP 854.7 million year ago . FY revenue EGP 4 billion versus EGP 3.24 billion year ago . EGP floatation had negative impact of EGP 83.6 million on FY results Source:(http://bit.ly/2m15GMK) Further company coverage: [EMFD.CA] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article