Amer Group

Businessman Mohamed Al-Amin imprisoned for 4 days pending investigation on charges of human trafficking

Fri, 07 Jan 2022 - 10:19 GMT

Egypt’s Prosecution issued on Friday a decision to imprison businessman Mohamed Al-Amin for four days pending investigation in Case No. 188/ 2022 on charges of human trafficking and assaulting girls in an orphanage.

Amer Group's profits surge 537.75% in H1 2021

Thu, 19 Aug 2021 - 03:00 GMT

As per standalone profits, AMER recorded profits of LE 26.19 million in 2021 period, down from LE 41.4 million in 2020 period.

Amer Group's profits decline to LE 56.4M in 2019

Sun, 12 Apr 2020 - 12:13 GMT

As per standalone profits, AMER recorded profits of LE 60.43 million in 2019, compared to LE 30.66 million in 2018.

Amer Group to optionally delist shares from EGX

Thu, 28 Feb 2019 - 01:31 GMT

Amer’s extraordinary general meeting (EGM) will discuss the optional delisting and purchase of the shares from shareholders opposing the move.

Amer Group’s consolidated profits hit LE 70.89M in 9 months

Tue, 06 Nov 2018 - 11:28 GMT

During the third quarter of 2018, the consolidated profits reached LE 15.82 million, compared to LE 20.38 million, with a decrease of 22.4 percent.

Amer Group profits lose 50% in a year

Sun, 04 Feb 2018 - 10:40 GMT

Amer group achieved net profit of LE 93 million ($5.3 million) in 2017, compared to LE 184.5 million.

EGX loses LE 3.2B liquidity in week, ends on mixed note

Sat, 29 Jul 2017 - 07:00 GMT

Egyptian Exchange's indices saw a mixed performance week that ended July 27. Turnover lost LE 1.3 billion ($72.7 million) to register LE 3.2 billion.

EGX gains LE 4.8B liquidity in week

Fri, 21 Jul 2017 - 03:43 GMT

Egyptian Exchange's indices saw negative week ended July 20, however, turnover gained LE 4.8 billion, registering LE 5.4 billion .

Sarwa Capital assists Amer Group to issue securitized bonds

Sun, 04 Jun 2017 - 11:33 GMT

Egypt’s entertainment and real estate developer Amer Group signed an agreement with financial solutions firm Sarwa Capital to issue LE 233 million($13 million).

Overview: Real estate firms boom, reversing forecasts

Fri, 02 Jun 2017 - 10:00 GMT

In contrast to expectations of a weak real estate market following the flotation of Egyptian pound in November.

Egypt’s Amer Group net profits drop, revenues up 11% in Q1

Sun, 14 May 2017 - 01:57 GMT

Amer Group Holding Co. recorded net profits worth 64 million EGP ($3.54 million) during the first quarter (Q1) of 2017.