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Amer Group’s unit purchases land in Minya

Amer Group’s unit purchases land in Minya

ArabFinance: Amer Group’s subsidiary, Amer Tourism Development, has purchased a land plot of 56 acres in New Minya City, according to the company’s December 27th statement filed to the Egyptian Exchange.

Amer Tourism Development bought the land to establish Porto Minya project.

Earlier, the Administrative Capital for Urban Development approved Amer Group's project in the New Administrative Capital.

Amer Tourism Development, a subsidiary of the listed company, will set up an administrative building in NAC’s financial district.

Amer Group is engaged in diversified industry sectors, with its operations being structured into many segments, namely real estate, restaurant, hotel, malls, retail, among others.


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04 Oct 2021
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