ArabianBusiness.com - Middle East Business News
Thursday, 08 January 2009 09:26 UAE time

YOUR DIRECTORY /

Print this page Print this page | Email this to a friend Email this to a friend | Discuss this article (0 Comments) |

Medinet Nasr Housing quarterly profit up 39%

by This email address is being protected from spam bots, you need Javascript enabled to view it  on Monday, 01 December 2008

Egypt's Medinet Nasr Housing posted a 39 percent rise in net profit to 30.6 million Egyptian pounds ($5.5 million) in the three months to the end of September 2008, the stock exchange said on Sunday.

The company made 22.05 million Egyptian pounds in the same period of 2007, the statement said. It gave no further details.

Shares in the company last traded 3.87 higher at 28.19 pounds.

advertisement

Print Print | Email Email | Discuss this article |


READERS' COMMENTS


Click here to post a comment


Add your Comment
All posts are sent to the administrator for review and are published only after approval. ArabianBusiness.com reserves the right to remove any comment at any time for any reason. Please keep your responses appropriate and on topic.
Name *
Remember me on this computer
Email *
(Your email address will not be published)
City
Country
Subject *
Comment *
Notify me of further comments
Security Code * Code


Please click post only once - your comment will not be published immediately.


MORE FROM ARABIANBUSINESS.COM

 EMAIL ALERTS

  1. Real Estate



Rich List 2008
EMIRATES ID DOWNLOAD

READER COMMENTS

  1. Villa prices fall by up to 45% amid real estate slump 5
    07 Jan ' 09 at 17:29
    Many of us don't need to be convinced about the success or not of Dubai as we have already witnessed it and made great returns over the...  More »
  2. Dubai rental index awaits roll out 3
    07 Jan ' 09 at 11:59
    I'm thinking that Masd has obviously invested in a property in Dubai, which is why he wants the investors protected by such a...  More »
  3. RERA clamps down hard on developers 2
    08 Jan ' 09 at 00:28
    Nice decision. Except, like the sackings of the morons who ran our banking system into the crowd due to sheer incompetence, it's rather...  More »
Read all user comments >

BUSINESS FEATURES

Financing a city

Brian Meilleur reviews the challenges of securing $ 1.3bn in financing for Qatar's Al Wa'ab City.

Bolt from the Blue

Poor financial ratings and the credit crunch are coming to bear on Oman's much-hyped megacity, Blue City.

Building a brand

As more and more projects are launched in the Gulf, developers are ploughing millions into marketing.

BUSINESS INTERVIEWS

From phones to homes

Everyone in the UAE has heard of Etisalat, though few know of its real estate division. Ahmed Al Jarwan, general manager of e-Real Estate explains how the company has grown since its inception two years ago.

Alternative assets

Dresdner Bank's Nigel Putt and Anton Simonet explain the benefits of diversifying ones portfolio.

African ambition

Hayan Merchant of Ruwaad Holdings on his company's plans for a spectacular-scale development in South Africa.

MORE FROM ARABIANBUSINESS.COM