Best Places to Go in Eid 2025 (+Fun Activities for Kids)

Eid Al-Adha in Egypt is all about festive energy, joy, and spending time with your loved ones. When it comes to celebrating Eid, you have to navigate through the best places to go with your family and friends to...

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Emaar Misr reports an increase in profit of 114%

According to the company's financial statements filed with the Egyptian Exchange, Emaar Misr for Development (EMFD) reported a consolidated net profit of EGP 529.120 million in quarter one (Q1) 2021. When compared to EGP 247.561 million in Q1 2020, this represented a 114 percent year on year (YoY) increase. In Q1 2021, standalone net profit was EGP 529.120 million, up 114 percent from EGP 247.561 million in the previous year. According to Emaar's founder, Mohamed Alabbar, the company plans to double its Egypt operations to 30 percent of its overall business. Emaar Misr was founded in 2007 and is involved in real estate development. It manages business...

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