amwalalghad :: Real Estate

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GMC GROUP FOR INDUSTRIAL COMME   1.29        Telecom Egypt   11.48        Ismailia Misr Poultry   2.45        El Arabia for Investment & Dev   0.34        Modern Company For Water Proof   1.03        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        Naeem Holding   0.19        Egyptian Iron & Steel   6.87        Universal For Paper and Packag   4.94        Northern Upper Egypt Developme   4.93        Canal Shipping Agencies   7.39        Misr Chemical Industries   5.65        United Arab Shipping   0.43        Egyptians Housing Development    1.94        Egyptian for Tourism Resorts   0.69        Modern Shorouk Printing & Pack   7        Upper Egypt Contracting   0.8        Egyptian Financial Group-Herme   7.42        Orascom Construction Industrie   240.82        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        Palm Hills Development Company   1.61        Credit Agricole Egypt   9.04        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        Union National Bank - Egypt "    3.25        Ceramic & Porcelain   2.88        Rowad Tourism (Al Rowad)   5.05        El Nasr Transformers (El Maco)   4.78        Egyptian Media Production City   2.31        GB AUTO   27        Egyptian Transport (EGYTRANS)   7.85        Sharkia National Food   3.78        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

Marwa Hemdan - 2018-01-08 08:38:41
Egypt’s Real Mark has marketed and sold nearly 2,000 housing units in 12 real estate flagships during 2017, a source in the county’s Holding Company for Construction and Development said Thursday. The flagships are located in New Cairo and Sixth of October cities, the source with knowledge further told Amwal Al Ghad, adding that Real Mark was mandated to promote the units by HCCD’s housing affiliates. “Real Mark plans to cooperate with real estate developers to promote their projects,” he stated, adding that the state-run property marketing company also seeks to expand its business in the local market, through increasing the volume of housing projects, which are currently being promoted. “The company achieved marketing sales approaching two billion Egyptian pounds ($112.9 million) at the end of last year,” he said. More»
Maha Essam - 2018-01-07 13:56:20
Egypt's property developer firm Marseilia Group says it has signed a memorandum of understanding (MoU) with UAE-based Amlak Finance to develop a fully-fledged urban flagship in Nasr City district. Yasser Ragab, Marseilia Group’s chairman, and Arif Alharmi, Managing Director Amlak’s managing director signed the agreement, in presence of Hisham Okasha, National Bank of Egypt’s (NBE) chairman. The project will be established over 42, 676square metres, Marseilia Group’s chairman assistant Sherif El Saftawy said Thursday, adding that the land plot is owned by Amlak Finance. “The urban project is to include residential and administrative towers as well as a commercial centre and a fully-integrated hotel in addition to spaces for clubs and social institutions,” El Saftawy further stated. The Egyptian official added that the flagship aims to create around 10,000 job opportunities in its all phases, which will be implemented within the next five years. More»
Marwa Hemdan - 2018-01-06 13:58:00
Egypt’s Hassan Allam plans to commence the construction works on its first property flagship in Muharram Bek Square in Alexandria, the country’s second largest city, by the first quarter of this year. “The project will include residential, commercial, and administrative units besides a major commercial mall,” a source with knowledge told Amwal Al Ghad on Thursday. This is Hassan Allam’s first works in the field of real estate investment, the source said. The state-owned construction company also seeks to complete the project’s initial designs before the end of April 2018, he stated, adding that the investment cost approaches one billion Egyptian pounds ($56.4 million). “The company hopes to start marketing the flagship within the next two months after finalising the initial studies,” he said. More»
Maha Essam - 2018-01-04 13:47:53
Egypt’s Style Home Real Estate Company says it plans to implement a new project in Fifth Settlement district in New Cairo, with investments of 800 million Egyptian pounds ($45.1 million). The project will be built over 33,000 square metres, Hussein Dawood, Style Home’s chairman, told Amwal Al Ghad on Wednesday. “The project is a fully-fledged residential compound, which will include an administrative and services complex as well as a commercial mall,” Dawood further said. Style Home is seeking the government’s approval to start works on the project, Dawood said. More»
Ahmed Fayez - 2018-01-04 13:44:48
Gulf-based Dar Al-Handasah Company (Shair and Partners) has won a mandate to carry out the engineering design of a towers district project in Egypt’s new administrative capital. Egyptian Housing Ministry has received an approval Wednesday from the Cabinet to assign Dar Al-Handasah with the engineering design mandate, which will include a number of utilities works. The proposed new capital of Egypt is a large-scale project announced by Housing Minister Moustafa Madbouly at Egypt Economic Development Conference that took place on 13 March 2015. It is built 45km east of Cairo (28 miles). Established in 1956, Dar Al-Handasah is one of the world’s leading international consultancies with five design centres in Beirut, Cairo, London, Pune, and Amman in addition to 45 regional operation offices in 30 countries. More»
Amwal Al Ghad English - 2018-01-03 07:44:41
Leading Egyptian online real estate portal, Property Finder, confirmed a remarkable growth worth 66.61 billion Egyptian pounds in Egypt’s real estate market during 2017, achieving higher market performance than 2016, according to the company’s annual report released on Sunday. The website has witnessed an increase in the number of registered properties that grew from 52,104 properties in 2016 to 119,240 properties in 2017, achieving a total of 128.8 percent increased growth rate year-on-year. A noticeable enhancement in market performance has also occurred in the value of properties; the market has witnessed an increase of 221.8 percent in property value listed on the website, increasing from LE 60.18 billion in 2016 to LE 193.6 billion in 2017. Egyptian real estate accomplished growth in 2017 amid economic recovery, which is attributed to the government’s plans for launching mega projects,in the real estate sector, such as the New Administrative Capital and social housing projects, among others,according to the company’s Executive Manager, Mohamed Hammad.Hammadalso pointed out in the report that the market witnessed a fruitful year in 2017 due to financial facilitation offered by banks that sought to fund real estate projects through several initiatives, including the Mortgage Finance Fund and the Central Bank of Egypt (CBE) initiative of targeting funds to home buyers from various socioeconomic classes, enabling them to purchase residential units. The government’s keenness on developing the sector was vivid also in expansion plans through diverse projects in tourism and residential projects as well as land allocations to real estate developers, the report added. Economic stability, stability of foreign exchange markets and foreign expats’ interest in the market are also elements contributing to the market’s growth where 27,767 real estate deals are expected to be finalized between the company and its partners by the end of 2018, according to Co-managing director of Property Finder, Ahmed Iraqi. Iraqi also noted in the report that the internet is among the fundamental aspects of the market’s success, stating that it supported real estate marketing and promoted larger projects to a wider base of potential buyers and providing them the benefit of conducting comparisons between one property and another. “Internet ensures the achievement of direct revenue,” he asserted. Property Finder has also performed a major role in serving the market through developing new tools and technologies that provide services to the company’s real estate partners who have increased in 2017 by a total of 270 percent. The company has previously published a semi-annual report that announced market trends and demographics of buyers with tendencies in buying and selling properties in the Egyptian market. The Egyptian real estate market is stirred by great demand resonating from young citizens aged 25 years to 34 years old, making up 37.6 percent of a segment showing a keen interest in new properties. Demand is also high among women, accounting 59 percent of new property seekers. More»
Marwa Hemdan - 2018-01-02 13:40:52
Egypt’s state-run Arab Contractors says it is joining forces with Orascom Construction Company (OC) to win a mandate to build the county’s first major monorail project within the upcoming period. The country’s Housing Ministry has earlier invited local construction firms to submit their biddings in order to carry out the monorail, Mohsen Salah, AC’s chairman, told Amwal Al Ghad on Tuesday. “Orascom had earlier submitted a full study to execute the monorail,” Salah stated, referring that the works will include changing the location of utilities and constructions as well as power plants and the installation of railway bars. The Egyptian official further said that Arab Contractors and Orascom are set to implement the project in cooperation with Canadian Bombardier Company, at a cost exceeding $1.4 billion. The monorail aims to link between Sixth of October City’s district with Giza, he concluded. More»
Maha Essam - 2018-01-02 13:33:34
Egypt’s New Minya City Authority has finalised building 5,256 more residential units in the city, north east of the Nile and 250km far from Cairo, as part a national social housing project in the country. New Minya City was established by a Cabinet decree no. 278/1986 on a total space of around 24,600 feddans. It includes a number of residential, service, industrial, touristic, and entertainment areas. More»
Maha Essam - 2017-12-31 12:46:31
Egyptian New Urban Communities Authority’s (NUCA) board approved Sunday to allocate a number of land plots in the industrial zone of New El Alamein City, northwest of Cairo, for developers. The land plots are to be established over two million square metres in various phases, Egypt’s Housing Minister Moustafa Madbouly said Sunday, adding: “the first phase’s space will reach 500,000 square metres maximum.” The industrial developers are responsible for preparing the designs of road and utilities networks, Madbouly stated. NUCA is set to execute a bunch of drinking water, sewage, and communication networks as well as road works and electricity grids within all the phases of the land plots, the Egyptian minister said. The first phase will be carried out within a maximum of 30-month timeframe, he concluded. More»
Amwal Al Ghad English - 2017-12-31 12:40:38
Egypt’s property developer Makanak is planning to open a new office in Dubai to promote Egyptian real estate projects, said its managing director Mahmoud Helim on Saturday. Established in 2005, Makanak Real Estate is a high-quality service provider and home to a talented team of property experts with unrivalled experiences. More»