ArabFinance: Mena Touristic & Real Estate Investment (MENA) released its annual financial results, reporting net consolidated profit of EGP 3,714,862 in 2019, against incurring net loss of EGP 12,490,445 a year earlier. 

However, the company achieved standalone profit worth EGP 7,130,874 in 2019, against net losses of EGP 416,894 in 2018.

It is worth mentioning that the board of directors did not propose dividends to shareholders for 2019.

Mena is an Egyptian incorporated company established in 1980. It operates in the fields of construction, real estate investment, project management, and urban development both locally and internationally.

During the past 30 years, Mena has developed and marketed more than 125 unique housing projects in Egypt, Sudan & Lebanon through its wide offices' network in Egypt, UAE, Saudi Arabia, Lebanon, and Sudan.

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