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Mansour Amer takes over as Amer Group chairman
MOVES- The Amer Group board has nominated Mansour Amer to become its new chairman after Hisham Arafat resigned from the…
Amer Group
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Amer Group
Earnings watch: SODIC, Telecom Egypt, TMG, Amer Group
EARNINGS WATCH- SODIC’s 3Q2019 net profits came in at EGP 168 mn, with a profit margin of 12%, the company…
Porto Heliopolis construction suspended on traffic concerns
Amer Group Holding has suspended construction of its Porto Heliopolis project following an order from a "competent authority" to put…
Amer Group launches EGP 3 bn Porto Heliopolis
Amer Group has launched its EGP 3 bn Porto Heliopolis project, according to a statement seen by Hapi Journal. The…
Amer Group signs agreement with NIS to build school in Port Said
Amer Group has signed with Dr. Nermien Ismail Language Schools (NIS) an agreement to build a school in Port Said,…
Amer Group reports EGP 297 mn net income in 2Q2019
EARNINGS WATCH- ِAmer Group reported net income of EGP 297 mn in 2Q2019, down 16% y-o-y from EGP 354 mn…
Amer Group appoints Egypt’s former transport minister Arafat as its new chairman
MOVES- Former Transport Minister Hisham Arafat has been tapped as the chairman of Amer Group, the local press reported. Arafat,…
Amer Group, Porto Group begin procedures to receive USD 39.9 mn compensation from Antaradous
DISPUTE WATCH- Amer Group, Porto Group begin procedures to receive USD 39.9 mn compensation: Amer Group and Porto Group have…
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