Amer Group to launch EGP 3bn project in Cairo

Cairo – MubasherAmer Group Holding Company is planning to launch Piccadilly Heliopolis, with total investments of EGP 3 billion.

The project is located in Cairo’s Masr Al Jadidah district and situated on 27,000 square metres, according to bourse statement revealed on Wednesday.

Amer Group reported a 54% year-on-year profit decline during the first half of 2019 due to lower sales, according to the company’s consolidated financial results, recording EGP 25.42 million.

Mubasher Contribution Time: 21-Aug-2019 15:42 (GMT)
Mubasher Last Update Time: 21-Aug-2019 15:42 (GMT)