Wednesday 16 April 2014
 
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Amer Group

Egypt's Amer to scrap Porto Marina expansion

Egyptian 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

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Amer Group to begin selling Syrian units

Egyptian 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

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Amer Group in big IPO success

Egyptian 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

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Amer Group IPO oversubscribed

Egyptian 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

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Egypt's Amer Group to launch IPO

Egyptian 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

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Egypt's Amer Group to launch IPO

Egyptian 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

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Amer Group launches investment offer

Amer 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

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Amer launches beachfront apartments

The 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

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Amer Group IPO ‘possible’ this year

Egyptian real estate firm Amer Group may do an initial public offering (IPO) this year, an executive at its adviser said, which would make it only the country's second since the global financial crisis struck. 'We are advising them

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Amer Group IPO ‘possible’ this year

Egyptian real estate firm Amer Group may do an initial public offering (IPO) this year, an executive at its adviser said, which would make it only the country's second since the global financial crisis struck. 'We are advising them

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