{"id":568528,"date":"2020-11-01T04:00:39","date_gmt":"2020-11-01T04:00:39","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/11\/01\/porto-group-is-rebranding-to-porto-developments-and-restructuring-operations\/"},"modified":"2020-11-01T04:00:39","modified_gmt":"2020-11-01T04:00:39","slug":"porto-group-is-rebranding-to-porto-developments-and-restructuring-operations","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/11\/01\/porto-group-is-rebranding-to-porto-developments-and-restructuring-operations\/","title":{"rendered":"Porto Group is rebranding to Porto Developments and restructuring operations"},"content":{"rendered":"<p>Porto Group is rebranding as Porto Developments and plans to launch three new projects in the coming period as the company restructures its administrative and executive roles, <a href=\"https:\/\/bit.ly\/2HSgnP1\">Hapi Journal<\/a> reports. Porto Group used to be part of Amer Group before the company was spun-off in 2014.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Porto Group is rebranding as Porto Developments and plans to launch three new projects in the coming period as the company restructures its administrative and executive roles, Hapi Journal reports. Porto Group used to be part of Amer Group before the company was spun-off in 2014.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9315],"tags":[72,2390,669],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-568528","post","type-post","status-publish","format-standard","hentry","category-other-business-news-of-note","tag-enterpriseam","tag-other-business-news-of-note","tag-porto-group","wpautop","entry"],"acf":{"mongo_id":"0f17f535-fff3-40f1-b842-764d217abed8","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[568503],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Porto Group is rebranding to Porto Developments and restructuring operations - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2020\/11\/01\/porto-group-is-rebranding-to-porto-developments-and-restructuring-operations\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Porto Group is rebranding to Porto Developments and restructuring operations\" \/>\n<meta property=\"og:description\" content=\"Porto Group is rebranding as Porto Developments and plans to launch three new projects in the coming period as the company restructures its administrative and executive roles, Hapi Journal reports. Porto Group used to be part of Amer Group before the company was spun-off in 2014.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2020\/11\/01\/porto-group-is-rebranding-to-porto-developments-and-restructuring-operations\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2020-11-01T04:00:39+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/11\/01\/porto-group-is-rebranding-to-porto-developments-and-restructuring-operations\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/11\/01\/porto-group-is-rebranding-to-porto-developments-and-restructuring-operations\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Porto Group is rebranding to Porto Developments and restructuring operations\",\"datePublished\":\"2020-11-01T04:00:39+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/11\/01\/porto-group-is-rebranding-to-porto-developments-and-restructuring-operations\/\"},\"wordCount\":55,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"Other Business News of Note\",\"Porto Group\"],\"articleSection\":[\"Other Business News of Note\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/11\/01\/porto-group-is-rebranding-to-porto-developments-and-restructuring-operations\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2020\/11\/01\/porto-group-is-rebranding-to-porto-developments-and-restructuring-operations\/\",\"name\":\"Porto Group is rebranding to Porto Developments and restructuring operations - 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The two companies \u2014 which were\u2026","rel":"","context":"In &quot;Other Business News of Note&quot;","block_context":{"text":"Other Business News of Note","link":"https:\/\/enterpriseam.com\/egypt\/category\/other-business-news-of-note\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":591901,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/19\/porto-group-targets-egp-1-bn-in-sales-for-porto-assuits-first-phase\/","url_meta":{"origin":568528,"position":1},"title":"Porto Group targets EGP 1 bn in sales for Porto Assuit\u2019s first phase","author":"enterpriseam admin","date":"19 December 2019","format":false,"excerpt":"Porto Group is targeting sales of around EGP 1 bn in the first phase of the Porto Assiut project which is to begin construction in the coming days, the company said in a bourse disclosure (pdf). The EGP 4.5 bn development will include 1.9k residential and hotel apartments and 525\u2026","rel":"","context":"In &quot;Real Estate + Housing&quot;","block_context":{"text":"Real Estate + Housing","link":"https:\/\/enterpriseam.com\/egypt\/category\/real-estate-housing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":596265,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/22\/earnings-watch-porto-group\/","url_meta":{"origin":568528,"position":2},"title":"Earnings watch: Porto Group","author":"enterpriseam admin","date":"22 August 2019","format":false,"excerpt":"EARNINGS WATCH- Porto Group\u2019s 1H2019 profits jumped 50% y-o-y to EGP 80.1 mn, compared to EGP 53.1 mn a year earlier, the company said in a bourse filing (pdf).","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":570774,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/04\/14\/porto-group-appoints-gamal-fathalla-as-chairman-and-managing-director\/","url_meta":{"origin":568528,"position":3},"title":"Porto Group appoints Gamal Fathalla as chairman and managing director","author":"enterpriseam admin","date":"14 April 2020","format":false,"excerpt":"MOVES- Porto Group appointed Gamal Fathalla (Linkedin) as chairman and managing director of the company after Mohamed Sayed Razek resigned from the positions, according to a bourse disclosure (pdf). The board also tapped non-executive board member Ayman Bin-Mokhtar as managing director for financial affairs.","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":572541,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/06\/29\/egypt-court-rules-in-favor-amer-group-porto-group-in-antaradous-dispute\/","url_meta":{"origin":568528,"position":4},"title":"Egypt court rules in favor Amer Group, Porto Group in Antaradous dispute","author":"enterpriseam admin","date":"29 June 2020","format":false,"excerpt":"DISPUTE WATCH- Court rules in favor Amer Group, Porto Group in Antaradous dispute: The North Cairo Court has turned down claim for compensation lodged by Syria\u2019s Antaradous for Touristic Development against Mansour Amer and his two holding companies, Amer Group and Porto Group, the defendants said (pdf). Arbitrators had originally\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":596539,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/01\/amer-group-porto-group-begin-procedures-to-receive-usd-39-9-mn-compensation-from-antaradous\/","url_meta":{"origin":568528,"position":5},"title":"Amer Group, Porto Group begin procedures to receive USD 39.9 mn compensation from Antaradous","author":"enterpriseam admin","date":"1 July 2019","format":false,"excerpt":"DISPUTE WATCH- Amer Group, Porto Group begin procedures to receive USD 39.9 mn compensation: Amer Group and Porto Group have hired Zulficar & Partners law firm to begin procedures to collect the USD 39.9 mn compensation from Antaradous for Touristic Development in Syria granted to them in an arbitration ruling\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/568528","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=568528"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/568528\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/568503"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=568528"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=568528"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=568528"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=568528"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=568528"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}