amwalalghad :: Real Estate

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Telecom Egypt   11.48        GMC GROUP FOR INDUSTRIAL COMME   1.29        Modern Company For Water Proof   1.03        Ismailia Misr Poultry   2.45        El Arabia for Investment & Dev   0.34        Pioneers Holding   2.84        Ezz Steel   7.86        Egyptian Real Estate Group   6.85        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        Gharbia Islamic Housing Develo   8.41        General Company For Land Recla   16.6        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 - 2018-02-22 10:59:15
Egypt’s Catalyst Real Estate Consultancy Company says it plans to launch its new residential flagship First Home in the new City of Galala, located between Ain Sokhna and Zafarana, at the end of 2018. The project is with target returns of around 6 billion Egyptian pounds ($339.2 million) and initial investments of 5 billion pounds, Catalyst’s chairman Osama Shalaby told Amwal Al Ghad on Wednesday. “The company is set to pump investments worth about 300 million pounds into the project within this year,” Shalaby further stated, adding that First Home will be executed over 360,000 square metres and will include 3,000 housing units. “The company’s total investments own seven commercials, administrative, and medical projects in New Heliopolis and El Shorouk cities,” he said. More»
Amwal Al Ghad English - 2018-02-22 10:28:32
Egypt-based property developer Porto Group’s profits increased to 245.5 million Egyptian pounds ($13.9 million) in 2017 from 117.5 million pounds in 2016, said financial statements on Wednesday. During the three months ended in September 2017, profits jumped to 73.9 million pounds, compared with 25.89 million pounds during the same period a year earlier. More»
Marwa Hemdan - 2018-02-21 12:30:15
Egyptian Real Mark says it has signed contracts with a number of real estate marketing offices in Kuwait and Saudi Arabia to start promoting new residential projects for public sector firms in Egypt. These projects are located in New Cairo, El Shorouk, and Sixth of October cities, said Real Mark’s chairman Naglaa El Saeed on Tuesday. “The company seeks to double its sales volume through promoting its ongoing project in the foreign markets,” El Saeed further added. Established in 2016, Real Mark is an integrated marketing real estate firm and is an affiliate of Egyptian Holding Company for Construction and Development (HCCD). More»
Marwa Hemdan - 2018-02-21 12:24:52
A major construction firm was mandated to execute 450 housing units in Mivida New Cairo project for Emaar Misr, the Egyptian unit of UAE property developer Emaar properties, within two years and a half, a source in the firm said Tuesday. These units, which varies between residential villas and a bunch of townhouses, will be carried out at a total cost estimated at 500 million Egyptian pounds ($28.3 million), the source with knowledge further told Amwal Al Ghad. “The company (construction) is set to start the concrete works within the next period,” he stated, adding that the housing units are to be completely delivered within a timeframe of two years. More»
Amwal Al Ghad English - 2018-02-21 12:06:04
Egypt's second largest listed real estate developer firm Palm Hills announced Tuesday that its sales increased to 1.52 billion Egyptian pounds ($85.8 million) during the third quarter of financial year 2017/2018. Sales earlier stood at 1.48 billion pounds during the third quarter of financial year 2016/2017. During the three months ended in September 2017, profits dropped to 117.6 million pounds from 234.9 million pounds during the same period in 2016. More»
Ahmed Fayez - 2018-02-21 11:54:08
Egypt’s Cabinet has approved Tuesday to re-allocate a number of the state-run land plots over 31,000 faddans in Cairo-Alexandria desert highway road in order to build a new urban community. The 31,000 faddans will be allocated in favour of the county’s New Urban Communities Authority (NUCA). Cairo-Alexandria desert road, which is 220km (136.7 miles) long, begins at Giza in the northwest corner of Cairo's regional ring road and ends in Alexandria. It links between Cairo and Alexandria, the two largest cities in Egypt. More»
Amwal Al Ghad English - 2018-02-21 11:17:17
Al Ahly For Real Estate Development - Sabbour and El Mostakbal for Urban Development, the master developer of Mostakbal City along with their partners Hill International, Sabbour Consulting, Gensler Architects and Jones Lang LaSalle (JLL)  announced the details the new mixed use urban community compound in Mostakbal City, on an area of 578 acres or the equivalent of 2.4 million m2. The mixed use development named the “The City of Odysia” will be built at an estimated cost of 32 Billion Egyptian Bounds . "The final concept of the City of Odysia has far exceeded our expectations” said Essam Nassef Chairman and Managing Director of El Mostakbal for Urban Development. " Among our primary concerns when working with a diverse range of developers is the overriding concern that there may be a large disparity in vision and implementation it is therefore critical  to integrate between the different visions of the developers to create one sense of seamless community”. More»
Amwal Al Ghad English - 2018-02-20 14:19:11
Egyptian business tycoon Naguib Sawiris said Tuesday that its Gemini Global Development plans investing in some real estate flagships in the country’s new cities. Gemini Global Development undertakes high-end real estate developments in various prime locations around the world and owns many projects in Egypt, UK, Greece, Cyprus, the United States, and a bunch of other countries. Sawiris made these remarks during meeting with Egyptian Minister of Housing Moustafa Madbouly, where they discussed real estate investment opportunities in some new cities in the country. “The company’s strategy focuses on developing fully-fledged urban communities,” Sawiris noted. Gemini Global Development cooperates with a number of the biggest global consulting offices and major construction firms to carry out its projects according to the latest international standards, Sawiris stated. Moustafa Madbouly said the county’s New Urban Communities Authority (NUCA) will offer soon more land plots for giant real estate investments. The ministry is keen to see Sawiris family as a major partner in this vital sector, Madbouly said. More»
Amwal Al Ghad English - 2018-02-19 12:55:37
Egypt will launch soon a bunch of new land plots in the cities of New El Alamein, northwest of Cairo, and New Mansoura, 128km north of Cairo in the Nile Delta, Housing Minister Moustafa Madbouly said Monday. The PPP land plots are set to be launched for the first time to execute projects in partnership with the state’s private sector and investors, Madbouly further stated. We (the country) seek to launch new land plots to be sold for investors in a number of new cities,” the Egyptian minister added. In August 2017, Egyptian President Abdel Fattah al-Sisi issued a decree establishing a new city in Mansoura. 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. More»
Marwa Hemdan - 2018-02-19 12:44:26
Egypt’s state-run construction firm Hassan Allam is carrying out a bridge project on the Nile in Qena governorate, at a cost exceeding 100 million Egyptian pounds ($5.6 million), said an official source on Sunday. Speaking to Amwal Al Ghad, the source further added that this comes as part of the country’s national road flagships. “The company is currently competing to implement a bundle of infrastructure projects in the local market among its scheme to increase the business volume,” he said. During the last few months, the source referred that Hassan Allam was tasked with executing a number of new infrastructure works in Cairo and a bunch of other governorates, at costs approaching 850 million pounds. “The company is carrying out residential buildings at the first phase of the new administrative capital,” the source stated, clarifying that the state’s Holding Company for Construction and Development (HCCD) has mandated these works to Hassan Allam. “It is planned to start delivering these mandates in the new capital at the end of June 2018,” he noted. Located some 40km to the east of Cairo, the under-construction new capital city is part of the government’s plan to expand urban areas to deal with the country's rapid population growth and improve the nation's infrastructure. The 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 centre, nearly 2,000 schools and colleges, over 600 medical facilities and a park that is projected to be the world’s largest. More»