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ACGC.CA  5.67    1.07%      AFDI.CA  12.02    1.52%      APSW.CA  2.71    1.88%      COMI.CA  73.35    0.87%      EFIC.CA  16.93    1.93%      EGTS.CA  1.55    2.65%      EHDR.CA  5.13    2.40%      EKHO.CA  0.80    -1.23%      ELEC.CA  0.89    3.49%      ELKA.CA  14.98    0.00%      EMOB.CA  128.73    1.83%      EPCO.CA  2.30    0.00%      ESRS.CA  19.59    0.98%      ETEL.CA  13.49    -0.37%      HRHO.CA  23.27    0.00%      IFAP.CA  2.38    2.15%      KABO.CA  1.49    0.68%      MNHD.CA  10.29    1.78%      MOIL.CA  0.28    3.70%      NCGC.CA  6.55    0.00%      OCDI.CA  19.54    0.41%      OCIC.CA  217.47    0.00%      ORTE.CA  4.42    1.38%      PHDC.CA  4.06    1.50%      PIOH.CA  8.47    0.59%      SPIN.CA  2.05    1.49%      SVCE.CA  5.49    2.23%      SWDY.CA  136.72    0.80%      TMGH.CA  10.22    1.89%      UEGC.CA  0.77    1.32%      
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Emaar Misr says its financial results wont be affected by presidential decrees

: Emaar Misr for Development (EMFD) revealed in a statement sent to the Egyptian Stock Exchange (EGX), the portfolio of its land as follows:
- 911 acres located in Fifth Settlement where the Mivida project was established
- 4 million sqm in Mokattam where the Up Town Cairo was established
- Sidi Abd El-Rahman in North Coast, Marsa Matrouh lands as follows:
• 6,244,431 sqm where Marassi Project was established
• 68,123 sqm
• 11,900 sqm
• 50,000 sqm
- Three land plot on Alexandria Desert Road as follows:
• 244,790 sqm
• 327,950 sqm
• 14 acres
The Company stated the exploited proportion of its land portfolio in its projects is about 76%, accordingly the financial statement and its land portfolio not being affected by presidential decrees No. 61 for 2019 and No. 113 for 2018.
It is worth mentioning that the EGX asked Emaar Misr to reveal the impact of presidential decrees No. 61 for 2019 and No. 113 for 2018 on its land portfolio, the resolutions stipulated for allocating the state-lands to NUCA in order to establish a new urban community. In addition, the cabinet notice on August 09, 2018, regarding the beach lands or lands next to highways that exceed 10,000 sqm.





Time Added: 2019-02-19 08:47:21
Source: arabfinance
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