Friday 29 May 2015
 
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Emaar Misr

Emaar's Egypt unit aims to raise $367m

Egypt's Emmar Misr said on Tuesday its board had recommended to shareholders that the developer offer 600 million shares on the Cairo bourse to raise E£2.8 billion ($366.97 million). The subsidiary of Emaar Properties, D

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Emaar's Egypt unit reports big profit jump

Emaar Misr, the Egyptian arm of Dubai developer Emaar Properties, on Sunday reported a big jump in first-quarter profits, supported by strong revenue growth. The subsidiary of Dubai's largest real estate developer said profits

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Emaar Misr signals chairman role change ahead of float

Emaar Misr, the Egyptian unit of Dubai developer Emaar Properties, said on Monday investors would vote later this month on whether to amend chairman Mohamed Alabbar's position on the board. There has been increased speculation

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Emaar targets Q2 for $270m Egypt unit float

Dubai's Emaar Properties will submit plans to float its Egyptian unit to the North African country's regulator "within days" ahead of an initial share sale earmarked for the second quarter, two sources aware of the matter told

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Emaar targets Q2 for $270m Egypt unit float

Dubai's Emaar Properties will submit plans to float its Egyptian unit to the North African country's regulator "within days" ahead of an initial share sale earmarked for the second quarter, two sources aware of the matter told

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Emaar listing of retail unit 'within months'

Dubai's Emaar Properties expects the listing of its retail unit to occur within months, while it is also preparing its Egyptian unit for an initial public offer in Egypt, Emaar chairman Mohammed Alabbar said on Sunday. Dubai&#

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Emaar Misr to spend $860m on Cairo project

Emaar Properties' Egyptian subsidiary, Emaar Misr, will spend up to 6 billion Egyptian pounds ($861.91 million) on a residential and commercial project in Cairo after signing a protocol with Egypt's government, it said in a statement.

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Emaar Misr sees income boost in 2011

Property group Emaar Misr expects to hand over 1,800 units to customers in Egypt next year, its general manager was quoted on Wednesday as saying, boosting income at a time its parent's home market in Dubai has flagged. Emaar Misr, a unit

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Emaar launches major Cairo road project

Emaar Misr, a subsidiary of Emaar Properties, has begun construction of a new road infrastructure development that will connect Uptown Cairo, its master-planned community, to key destinations in central and greater Cairo. The EGP

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Emaar sees Cairo projects on track

Emaar Misr, a subsidiary of global property developer Emaar Properties, said the first residences under phase I of its key projects - Uptown Cairo and Marassi - will be handed over by the end of this year. 'The excitement is building u

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