Arab Finance: Consolidated profits after tax attributable to the parent of Emaar Misr for Development rose by 41.93% to EGP 5.555 billion in the first half (H1) of 2026, the financials indicated.
In H1 2025, the company's consolidated net profit excluding minority shareholding was EGP 3.914 billion.
Meanwhile, revenues climbed to EGP 11.079 billion from EGP 9.426 billion.
Regarding the standalone business, the group recorded non-consolidated net profits after tax worth EGP 5.123 billion in the first six months of 2026, down from EGP 3.946 billion in H1 2025.
Established in 2007, Emaar Misr is engaged in real estate development operations. It undertakes commercial and residential development projects such as residential villages and communities, business centers, malls and shopping complexes, villas, townhouses, and apartments.
The real estate developer developed distinguished gated communities across the most premium and most beautiful destinations in Egypt: Uptown Cairo in the heart of Cairo, Mivida in New Cairo, Marassi on the North Coast, and Cairo Gate west of Cairo.