Emaar Misr for Development is currently in talks with Samla and Alam AlRum for Urban Development, a subsidiary of Dallah Al Baraka Group, to explore a potential partnership for the development of a new mixed-use project.

Sky Tower for Real Estate Development, a unit of Emaar Misr for Development, signed a deal with Golden Coast for Hotels, Tourist Villages, and Entertainment to develop an integrated tourism project

The consolidated profits after tax attributable to the parent of Emaar Misr for Development fell by 48.80% to EGP 3.914 billion in the first half (H1) of 2025

Emaar Misr has inaugurated a Palace Beach Resort Marassi in the North Coast’s Marassi development scheme, with investments estimated at EGP 9 billion

Emaar Misr for Development (EMFD) reported a 41.96% year-on-year (YoY) drop in consolidated net profits attributable to the parent company for the first quarter (Q1) of 2025, logging EGP 3.327 billion, compared to EGP 5.732 billion.

Emaar Misr for Development’s consolidated net profits attributable to the parent company hiked by 126.14% to EGP 15.404 billion in 2024

Emaar Misr for Development inked a strategic partnership agreement with MIDAR for the New Mivida residential project, with investments amounting to EGP 100 billion

Sky Tower for Real Estate Development, in which Emaar Misr for Development holds a stake, has signed a strategic partnership agreement with Golden Coast Company.

The Financial Regulatory Authority (FRA) approved increasing Emaar Misr Development Company’s issued capital from EGP 4.52 billion to EGP 5.44 billion

The Egyptian Competition Authority (ECA) has given its approval for Emaar Misr Development Company to acquire 74.9999997% of the shares in Albro North Coast for Development.

Emaar Misr for Development (EMFD) reported a 107.39% year-on-year (YoY) increase in its consolidated net profits after tax during the first nine months of 2024.

Emaar Misr for Development (EMFD) is investing approximately $1 billion in Egypt next year.

Emaar Misr for Development (EMFD) reported a 119.2% year-on-year (YoY) increase in consolidated net profits after tax in the first half (H) of 2024, hitting EGP 7.646 billion, compared to EGP 3.489 billion.

Emaar Misr for Development’s extraordinary general meeting (EGM) has approved the proposal submitted by the board to fully acquire Albro North Coast for Development via a share swap.

Albro North Coast for Development’s shareholders have approved the non-binding preliminary offer submitted by Emaar Misr for Development’s (EMFD) board to acquire up to a 75% stake in the former via a share swap.

Emaar Misr for Development (EMFD) reported a 157.5% year-on-year (YoY) in consolidated net profits attributable to the parent company for the first quarter (Q1) of 2024, logging EGP 5.732 billion, compared to EGP 2.226 billion.

Emaar Misr for Development’s (EMFD) board has approved submitting a non-binding preliminary offer to Albro North Coast for Development’s shareholders to acquire up to a 75% stake in the company via a share swap.

Emaar Misr for Development (EMFD) reported a 3.8% year-on-year (YoY) uptick in its consolidated net profits after tax in 2023.

UAE-based Emaar Properties is currently in talks with the Egyptian government to purchase towers in New Alamein City, the firm’s founder Mohamed Alabbar said.

Emaar Misr for Development (EMFD) has opened Address Beach Resort Marassi in the North Coast with EGP 5 billion in investment.