CAIRO: Egyptian property developer Emaar Misr said on Tuesday its first-half net profit jumped 283 percent to 522 million Egyptian pounds ($66.67 million).
Revenue rose to 1.56 billion pounds, the firm said in a statement.
Emaar Misr, a unit of Dubai’s Emaar Properties, sold about 13 percent of its shares and raised 2.28 billion pounds in an initial public offering in June.