Egypt’s Porto Group to rebrand as Porto Developments

Egypt’s property firm Porto Group unveiled on Sunday some new strategies to restructure its administrative and executive system, including rebranding the company to Porto Developments.

Porto was part of Amer Group before the company was spun-off in 2014.

According to a statement sent to Egypt’s stock exchange (EGX), Porto’s board of directors are set to discuss the company’s plans, including the rebranding in addition to the launch of three projects; Golf Porto Cairo, Porto Assiut, and Porto Aghadir.