Cairo - Mubasher: Emaar Misr for Development announced an integrated tourism project in the Red Sea, with expected investments of EGP 900 billion
Through its unit, Sky Tower for Real Estate Development, the group signed a development agreement with Golden Coast for Hotels and Tourist Villages, according to a bourse disclosure.
Emaar Misr highlighted that the project will cover an area of 2,426 feddans, adding that further details will be disclosed at a later time.
In the first half (H1) of 2025, the EGX-listed company posted 48.80% lower consolidated profits after tax at EGP 3.91 billion, compared to EGP 7.64 billion in H1-24.
Cairo - Mubasher: Emaar Misr for Development announced an integrated tourism project in the Red Sea, with expected investments of EGP 900 billion
Through its unit, Sky Tower for Real Estate Development, the group signed a development agreement with Golden Coast for Hotels and Tourist Villages, according to a bourse disclosure.
Emaar Misr highlighted that the project will cover an area of 2,426 feddans, adding that further details will be disclosed at a later time.
In the first half (H1) of 2025, the EGX-listed firm posted 48.80% lower consolidated profits after tax at EGP 3.91 billion, compared to EGP 7.64 billion in H1-24.
