The Financial Regulatory Authority (FRA) has approved the increase in the share capital of Arab Development and Real Estate Investment Company (ADRI), raising it from 35,135,168 Egyptian pounds (approximately $653,000) to 45,675,719 Egyptian pounds (approximately $849,000), representing an increase of 10,540,551 Egyptian pounds (approximately $196,000).
According to a statement released on Monday, April 20, this operation will be financed by undistributed profits and the result of the fiscal year ending on December 31, 2025. It aims to strengthen the company’s financial structure and support its future expansion in the real estate sector.
This decision comes in the context of improved profitability for the listed company, which reported its results for the fiscal year 2025 in February 2026. ADRI recorded a net profit of 12.708 million Egyptian pounds (approximately $236,000), compared to 290,820 Egyptian pounds (approximately $5,400) in 2024, showing a significant year-on-year increase.
However, revenues declined to 9.43 million Egyptian pounds (approximately $175,000), compared to 14.281 million Egyptian pounds (approximately $266,000) a year earlier, according to financial statements published on the Egyptian Stock Exchange.
Arab Development and Real Estate Investment Company is an Egyptian company engaged in real estate development, leasing and asset finance, as well as the acquisition and management of real estate projects.