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Egypt CAIRO: Egyptian real estate company Amer Group said on Thursday its un-audited first quarter net profit was 133.9 million Egyptian pounds ($22.5 million). Amer, a property conglomerate, began trading on the stock exchange Nov. 30, after a heavily oversubscribed initial public offering. The firm did not provide a figure for the first quarter of 2010 but gave a full 2010 year net profit figure of 557.1 million pounds. Revenue was 329.9 million pounds for the 2011 first quarter. The firm told Reuters in an interview in October it saw enough untouched land along Egypt's coasts and in its deserts for another 20 of its residential and commercial projects. Shares in Amer, which owns hotels, restaurants, malls, a catering firm, a utilities company and other businesses, were down 0.7 percent in early trade, while the benchmark index was also down 0.8 percent. Copyright Reuters, 2011 ...

Hong Kong finance chief warns on property prices HONG KONG: Hong Kong's finance chief said Friday the risk for people entering the territory's property market was "higher now than ever" as he announced new measures to tame runaway prices. "This situation is rather unusual -- the property market trend is hard to predict," Financial Secretary John Tsang said. "I urge citizens to think twice before entering the property market, as the risk is higher now than ever," he added. Tsang said the government of the ...
India MUMBAI: India's top listed real estate developer DLF missed analysts' estimates with a 19 percent fall in quarterly profit, and warned that the central bank's actions to tighten liquidity will likely temper sector growth in the current fiscal year. The weak results pushed the stock down nearly 5 percent in early trade on Wednesday, to its lowest level in two years. DLF shares were down 4 percent at 210.40 rupees. DLF also plans to divest assets worth ...


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Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.807 bln
Exports $1.911 bln
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WeeklyOctober 23, 2014
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