amwalalghad :: Real Estate

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GMC GROUP FOR INDUSTRIAL COMME   1.29        Telecom Egypt   11.48        Modern Company For Water Proof   1.03        Ismailia Misr Poultry   2.45        El Arabia for Investment & Dev   0.34        Ezz Steel   7.86        Egyptian Real Estate Group   6.85        Pioneers Holding   2.84        Rakta Paper Manufacturing   4.39        Orascom Telecom Holding (OT)   3.92        Egyptian Iron & Steel   6.87        Naeem Holding   0.19        Canal Shipping Agencies   7.39        Misr Chemical Industries   5.65        United Arab Shipping   0.43        Egyptians Housing Development    1.94        Universal For Paper and Packag   4.94        Northern Upper Egypt Developme   4.93        Egyptian for Tourism Resorts   0.69        Egyptian Financial Group-Herme   7.42        Orascom Construction Industrie   240.82        Modern Shorouk Printing & Pack   7        Upper Egypt Contracting   0.8        Heliopolis Housing   21.65        Raya Holding For Technology An   4.57        United Housing & Development   8.93        International Agricultural Pro   2.1        Gulf Canadian Real Estate Inve   18.08        Alexandria Pharmaceuticals   45.71        Arab Cotton Ginning   2.46        Egyptian Chemical Industries (   7.26        National Real Estate Bank for    11.84        Six of October Development & I   15.03        National Development Bank   6.72        Oriental Weavers   20.66        Arab Gathering Investment   16.29        Egyptians Abroad for Investmen   2.75        Credit Agricole Egypt   9.04        Palm Hills Development Company   1.61        Remco for Touristic Villages C   2.13        Commercial International Bank    29.87        El Ezz Porcelain (Gemma)   1.9        Egyptian Starch & Glucose   5.4        Arab Real Estate Investment (A   0.41        South Valley Cement   3.12        Citadel Capital - Common Share   2.5        Rowad Tourism (Al Rowad)   5.05        Union National Bank - Egypt "    3.25        Ceramic & Porcelain   2.88        El Nasr Transformers (El Maco)   4.78        Egyptian Media Production City   2.31        GB AUTO   27        Sharkia National Food   3.78        Egyptian Transport (EGYTRANS)   7.85        El Kahera Housing   4.97        El Shams Housing & Urbanizatio   2.45        Egyptian Kuwaiti Holding   0.7        ARAB POLVARA SPINNING & WEAVIN   2.11        Cairo Poultry   8.32        Egyptian Financial & Industria   8        T M G Holding   4.03        Asek Company for Mining - Asco   10.66        Misr Hotels   27        Egyptian Electrical Cables   0.56        Medinet Nasr Housing   22.51        Mena Touristic & Real Estate I   1.21        ELSWEDY CABLES   18        Prime Holding   0.91        Al Arafa Investment And Consul   0.17        Alexandria Spinning & Weaving    0.74        General Company For Land Recla   16.6        Gharbia Islamic Housing Develo   8.41        Alexandria Cement   8.9        Arab Valves Company   0.94        Sidi Kerir Petrochemicals   12.4        TransOceans Tours   0.09        Egyptian for Developing Buildi   6.43        Egyptian Gulf Bank   1.24        Kafr El Zayat Pesticides   18.19        Faisal Islamic Bank of Egypt -   35.1        National company for maize pro   11.86        Delta Construction & Rebuildin   4.03        Zahraa Maadi Investment & Deve   48.25        Samad Misr -EGYFERT   3.52        Egypt for Poultry   1.41        Cairo Development and Investme   11.7        Cairo Pharmaceuticals   20.1        Maridive & oil services   0.9        Suez Canal Bank   3.75        Nile Pharmaceuticals   15.81        The Arab Dairy Products Co. AR   73.85        National Housing for Professio   14.39        El Ahli Investment and Develop   4.87        Egyptian Saudi Finance Bank   10.79        Ismailia National Food Industr   5.16        National Societe Generale Bank   25.52        Acrow Misr   19.16        Alexandria Mineral Oils Compan   63.63        Paper Middle East (Simo)   5.59        Egypt Aluminum   12.31        Giza General Contracting   13.12        Middle Egypt Flour Mills   5.82        Extracted Oils   0.6        Assiut Islamic Trading   4.56        Engineering Industries (ICON)   3.95        North Cairo Mills   15.3        Arab Pharmaceuticals   11.88        Grand Capital   5.38        El Ahram Co. For Printing And    10.68        Minapharm Pharmaceuticals   25.49        El Arabia Engineering Industri   13.52        El Nasr For Manufacturing Agri   9.71        Naeem portfolio and fund Manag   1.7        Faisal Islamic Bank of Egypt -   6.76        Natural Gas & Mining Project (   68.26        Housing & Development Bank   13.95        East Delta Flour Mills   31.5        Orascom Development Holding (A   3.22        Memphis Pharmaceuticals   11.12        Abou Kir Fertilizers   134.23        Delta Insurance   5        Cairo Investment & Real Estate   12.18        Cairo Oils & Soap   12.98        Egyptian Arabian (cmar) Securi   0.36        Egyptian Real Estate Group Bea   15.56        Alexandria Containers and good   85.51        Upper Egypt Flour Mills   45.78        Development & Engineering Cons   9.94        Sinai Cement   15.18        Medical Union Pharmaceuticals   28.01        Torah Cement   24.2        Alexandria New Medical Center   46.55        Export Development Bank of Egy   5.04        Egyptian Company for Mobile Se   92.02        Middle & West Delta Flour Mill   32.7        El Kahera El Watania Investmen   4.18        Mansourah Poultry   12.41        Delta Sugar   11.04        Misr Beni Suef Cement   41.21        Egyptian Satellites (NileSat)   6.14        Cairo Educational Services   17.75        Lecico Egypt   7.55        Sharm Dreams Co. for Tourism I   5.3        General Silos & Storage   10.77        Al Moasher for Programming and   0.66        UTOPIA   5.28        Arab Ceramics (Aracemco)   25.4        Barbary Investment Group ( BIG   0.98        

Business - Real Estate

Maha Essam - 2018-05-24 12:18:18
Egypt’s real estate developer firm Misr Italia Properties said Wednesday that it has purchased its second land plot over 110 feddans worth 1.6 billion Egyptian pounds ($89.3 million) in the state’s New Administrative Capital. The Cairo-based company has earlier attained another land plot in the city, Misr Italia’s further said, confirming that it plans to carry out a new project there, with initial investments of nine billion pounds. Moreover, Misr Italia is currently executing its flagship IL Bosco that is situated among exclusive residential districts and connected to the main lines of transportation at the heart of the new capital. From Vertical Forests to quiet meadows, a cross section of environments that weave IL Bosco into an ecological haven in the city. A revolutionary concept to be implemented in the Middle East and North Africa for the first time in the firm’s world class project. Located 40km (24.8 miles) east of Cairo, the anticipated new capital city is part of the Egyptian government’s plan to expand urban areas to deal with the state's rapid population growth and improve the nation's infrastructure. The new city will be a 270-square-mile hub with 21 residential districts to accommodate five million people. It will feature 1,250 mosques and churches, a 5,000-seat conference center, nearly 2,000 schools and colleges, over 600 medical facilities and a park that is projected to be the world’s largest. More»
Marwa Hemdan - 2018-05-23 12:31:23
Egyptian Heliopolis Company for Housing and Development plans to finalise executing the designs of Heliopark City in New Cairo before the end of 2018, its managing director for financial and administrative affairs said Tuesday. This comes as part of the state-owned company’s scheme to start developing Heliopark and carrying out a bunch of new projects there, added Wael Youssef. A consulting office is responsible for implementing the designs of Heliopark’s land plot over 1,700 feddans, Youssef stated, referring that his company also seeks to launch the city in partnership with one of the real estate developers. “The city’s first phase will be developed on a space of 500 feddans in various phases within a timeframe of seven years,” the Egyptian official concluded. More»
Amwal Al Ghad English - 2018-05-23 12:14:30
Egypt’s Housing Ministry says it is carrying out eight drinking water and sewage stations in Marsa Matrouh governorate, 524km (325.6 miles) west of Cairo, at a cost worth about 2.5 billion Egyptian pounds ($139.4 million). These stations are set to be operated soon, said Housing Minister Moustafa Madbouly on Wednesday. “There are three drinking water stations projects that are being executed in the governorate, at a capacity of 56,000 cubic metres per day and at a cost of 1.116 billion and €6 billion,” Madouly further added. As for the sewage stations, the Egyptian minister said that his ministry is also implementing five projects, at a cost of 80,000 cubic metres daily and a cost of 1.278 billion. More»
Amwal Al Ghad English - 2018-05-23 08:57:55
Egypt’s El Mostakbal for Urban Development says it plans to pump investments worth five billion Egyptian pounds ($278.9 million) into its Mostakbal City project within the next two years. These investments have been already directed to the project’s infrastructure works since mid-2017, said the company’s chairman and managing director Essam Nassif on Tuesday. The company has completed the project’s first phase, and is now working on the two and three phasesof Mostakbal City, Nassif further states, adding that his company has paid around 1.6 billion pounds to the state's New Urban Communities Authority (NUCA). More»
Maha Essam - 2018-05-22 12:05:37
Egypt’s real estate investment firm Al-Dawlia Developments says it has started delivering the first phase of its residential flagship Regent's Park Compound in Fifth Settlement district at the heart of New Cairo. Al-Dawlia’s general manager Ahmed El Nesr said Tuesday the project, which is with investments of 1.5 billion Egyptian pounds ($83.6 million), will include 496 housing units, a commercial centre, swimming pools, and gardens. Regent’s Park is one of the most luxurious, prestigious, and family-oriented projects in New Cairo. The stateliness of the architecture is a mere reflection of the Victorian luxury and the premium lifestyle provided within the compound. The project is setting new trends and elevating the standards of luxurious living. It will take your breath away with one splendid experience after another, each and every day. More»
Maha Essam - 2018-05-22 11:37:44
Egypt’s MG Developments says it plans to sell some of its stakes on the local stock market at the end of 2019 and raise its capital to finance new real estate flagships in various sectors. These sectors are housing, administrative, commercial, and touristic, said MG’s chairman Mohammed Metawee on Tuesday, adding that his company targets expansion in the local market to contribute to increase the Egyptian economy. Metawee referred that MG is currently getting ready for the preliminary listing on the Egyptian Exchange (EGX), through preparing for the initial public offering (IPO) and reviewing the stock’s fair value. “The company’s issued capital amounts to 1.7 billion Egyptian pounds ($94.8 million), while the paid-up capital reaches 110.50 million pounds,” he said. Moreover, the Egyptian official referred that MG is currently finalising its tourism and entertainment flagship Blue Blue Resort in Ain Sokhna, 120 km (74.5 miles) east of Cairo. “The project will be completed on a space of 120,000 square metres in four phases within 2021,” Metawee stated, saying that Blue Blue is with investments worth two billion Egyptian pounds ($111.4 million). More»
Marwa Hemdan - 2018-05-21 11:20:28
Egypt’s state-owned construction firm Arab Contractors (AC) and the country’s Concord for Engineering and Construction have been charged with executing a bunch of utilities works in New Mansoura City. The state’s New Urban Communities Authority (NUCA) has mandated these works to the two companies, at a total cost ranging between five billion Egyptian pounds ($279.1 million) and six billion Egyptian pounds ($335 million), said Concord’s chairman Ahmed Elabd on Sunday. “The anticipated infrastructure works will be carried out on a space of 10,000 feddans in New Mansoura City, at a cost estimated at around six billion pounds,” Elabd further told Amwal Al Ghad. In August 2017, Egyptian President Abdel Fattah al-Sisi issued a decree establishing a new city in Mansoura, 128 km (79.5 miles) north of Cairo in the Nile Delta. The decree approved the re-allocation of 5,104 feddans or 21.4 million square metres of the state-owned lands to the New Urban Communities Authority to be used in establishing a new urban community, the New Mansoura City. New Mansoura is expected to have more than 150,000 housing units for around 680,000 citizens. The city is set to include touristic housing, villas, and medium-income and social housing as well as regional university and technological industrial development zones. More»
Maha Essam - 2018-05-21 11:06:08
Egypt’s real estate developer firm Orientals for Urban Development (OUD) says it plans to start implementing a fully-fledged residential flagship in the state’s New Administrative Capital within the final quarter of 2018. The company has obtained the project’s land plot that is spanning over 50 feddans, its chairman Asser Hamdy said Sunday, adding that the new project will include around 3,000 housing units. “The project is being executed within three years, with total investments worth about five billion Egyptian pounds ($279 million),” Hamdy stated, referring that his company expects to attain the project’s licenses. The Egyptian official clarified that OUD studies carrying out another residential and touristic flagship in North Coast resort, as part of the company’s scheme to diversify its investment portfolio, including the project’s nature and locations. Located 40km (24.8 miles) east of Cairo, the anticipated new capital city is part of the Egyptian government’s scheme to expand urban areas to deal with the state's rapid population growth and improve the nation's infrastructure. The new city will be a 270-square-mile hub with 21 residential districts to accommodate five million people. It will feature 1,250 mosques and churches, a 5,000-seat conference center, nearly 2,000 schools and colleges, over 600 medical facilities and a park that is projected to be the world’s largest. More»
Amwal Al Ghad English - 2018-05-21 08:43:14
Egypt's state-owned construction firm Arab Contractors (AC) will sell four percent stake of its shareholding in El Mostakbal for Urban Development (El Mostakbal) to two local banks, AC's chairman Mohsen Salah said Monday. El Mostakbal is the master developer of Mostakbal City being constructed in New Cairo over an area of 45 million square metres. Arab Contractors holds a 14.95 percent stake in the developer. The deal with Banque Misr and the National Bank of Egypt (NBE) will be finalised in mid-July and is worth 2.53 billion Egyptian pounds ($131.13 million), Salah further told Thomson Reuters Projects in a telephone interview on Sunday. Banque Misr and NBE already own 40 percent and 4.98 percent respectively of El Mostakbal, according to the master developer’s website. National Investment Bank (34.42 percent) and Misr Capital Investment Company (5.65 percent) constitute the remaining shareholders. Salah said each bank would buy two percent and that the company would use the funds to pay off debt to the two banks, support its capital base and invest in some projects. "The agreement allows the company to re-purchase those shares in stages or in one deal in mid 2020 at the latest…such a deal will include interest to the banks to be agreed on later," he said. Arab Contractors’ profits more than doubled to 532 million pounds ($29.7 million) during the financial year 2016/2017 from around 201 million pounds ($11.2 million) during 2015-2016, Salah added. More»
Amwal Al Ghad English - 2018-05-20 11:36:29
Egypt’s Housing Minister Moutafa Madbouly has inspected the implementation of 2,696 residential units, including 115 buildings in New Damietta City, as part of the country’s Iskan Misr project. The accomplishment rates reached around 60 percent, Madbouly said, adding that the Housing Ministry is currently executing a commercial area in the city. “We have completed establishing two commercial areas in the state’s middle-income residential flagship Dar Misr,” the Egyptian minister referred. Founded by Egyptian Cabinet’s decree No.546/1980, New Damietta is located along the Mediterranean Sea and it is 4.5km (2.8 miles) far from New Damietta Port. More»