Cairo - Mubasher: The extraordinary general meeting of Emaar Misr for Development Co. gave go-ahead to amending Article No. 55 of Articles of Incorporation.
Following the amendment, the Article stipulates that the company be committed to distribute its net profits, after the deduction of general expenses and other expenses.
Emaar Misr saw net profits of EGP 744.5 million for the first nine months of 2015, up from EGP 369.6 million a year earlier.
