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        Egyptian Real Estate Group   6.85        Pioneers Holding   2.84        Ezz Steel   7.86        Orascom Telecom Holding (OT)   3.92        Rakta Paper Manufacturing   4.39        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        Orascom Construction Industrie   240.82        Modern Shorouk Printing & Pack   7        Upper Egypt Contracting   0.8        Egyptian Financial Group-Herme   7.42        Heliopolis Housing   21.65        United Housing & Development   8.93        Raya Holding For Technology An   4.57        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        National Development Bank   6.72        Six of October Development & I   15.03        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        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        Al Arafa Investment And Consul   0.17        Prime Holding   0.91        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 - 2017-12-19 15:08:29
Egypt-based property developer Tatweer Misr has  invested a total of 2.5 billion Egyptian pounds ($139 million_ in its two flagships IL Monte Galala and Fouka Bay  since their inception, its managing director Ahmed Shalaby said. He added during a press conference that his company has achieved contractual sales of 7 billion pounds so far. More»
Marwa Himdan - 2017-12-19 14:37:44
Egypt’s Holding Company for Construction and Development (HCCD) is set to establish 6 new real projects in the local market through its affiliates by the beginning of 2018, Mahmoud Hegazy -HCCD Chairman & Managing Director- said. The  new projects are among the company's strategy to expand in the real estate investment activities, Hegazy added. More»
Tammam Nour Elden - 2017-12-19 12:38:54
American hotel giant Hilton is planning on increasing the size of its Egypt estate by adding 1,000 new rooms in a vote of confidence in the Egyptian economy. 2017 has witnessed a dramatic leap in the number of tourists visiting Egypt, who stayed in Hilton’s hotels in Cairo, Hurghada, Sharm El-Sheikh, other coastal cities, Mohab Ghali, vice president operations for Egypt and North Africa, said Sunday evening. Hilton is due to add more 1,000 new hotel rooms in its hotels in New Cairo, Maadi, and Port Said by next year, amid expectations of witnessing a massive boost in tourist numbers by the return of Russian flights and tours, Ghali said. This will contribute to the provision of around 3,000 job opportunities in various specialties, he added. Moscow halted civilian air traffic to Egypt in 2015 after militants detonated a bomb on a Russian Metrojet flight leaving the tourist resort of Sharm el-Sheikh and killing 224 people on board. The bombing and the Russian suspension were blows to Egypt’s tourism industry, a key source of hard currency. The industry has been struggling after the upheaval triggered by a 2011 uprising that ended Hosni Mubarak’s 30-year rule. More»
Amwal Al Ghad English - 2017-12-19 11:48:56
Egypt’s property developer firm, Sixth of October for Development and Investment  SODIC  targets revenues of 57.8 billion Egyptian Pounds ($3.2 billion) from SODIC East project over 10 years. The 655- feddan project is to be developed in partnership with the country’s state-run Heliopolis Company for Housing and Development (HELI), and it would be comprising 8,500 residential units. Almost 348 units of SODIC East’s first phase were sold out and booked with total  value of  1.8 billion Egyptian Pounds, the company said. More»
Marwa Hemdan - 2017-12-17 12:43:15
Egypt’s real estate marketing firm Real Mark says it targets initial sales worth 250 million Egyptian pounds ($14 million) from the 2020 Compound residential project in Sixth of October City. The firm, an affiliate of Holding Company for Construction and Development (HCCD), was mandated by El Nasr Housing and Development to promote the project, which is being established in three construction phases. “The flagship will include around 600 units, varying between apartments and duplexes, on spaces between 150 square metres and 200 square metres and with investments of 800 million pounds,” Naglaa El Saeed, Real Mark’s chairman, told Amwal Al Ghad on Thursday. El Nasr Housing and Development plans to complete developing the project within 2020, El Saeed added. “The first phase is to encompass about 250 units,” El Saeed stated, saying that Real Mark launched the second phase at Next Move Egypt that took place in Cairo from 14-16 December. The event is powered by Cityscape Egypt. El Nasr Housing and Development is currently carrying out the project’s utilities networks, the Egyptian official stated, elaborating that the company is set to start executing the construction works of the second phase within early 2018. More»
Maha Essam - 2017-12-17 12:38:18
Egypt’s property developer First Group has promoted around 65 percent of Kenz Compound project in Sixth of October City, its chairman Bashir Mustafa told Amwal Al Ghad on Friday. “The flagship is established on a space of 30 feddans,” Mustafa further made his remarks on the sidelines of Next Move Egypt that took place in Cairo from 14-16 December. The Egyptian official referred that Kenz Compound, which will include about 1,350 various housing units, is being carried out in four phase. “The company has completed the first and second phases, while the third phase is currently being implemented,” Mustafa said. Besides Kenz Compound, Mustafa added that First Group plans to launch a new commercial, administrative, and medical project in Sheikh Zayed City, at the outskirts of Cairo, early 2018 “The company’s total land portfolio encompasses 200 feddans,” he noted. More»
Maha Essam - 2017-12-17 12:31:56
Egypt’s property developer IHome Real Estate Company plans to carry out a residential flagship in Georgia, its head of commercial sector Hisham El-Kady told Amwal Al Ghad on Thursday. The firm seeks to launch the project, set to be spanning over 10 feddans, by mid-2018, El-Kady said. “The company has purchased the land plot,” El-Kady said, referring that IHome is currently preparing the market studies, in cooperation with a Georgian firm, on the project, which is designed to attract Georgian customers in the first place. IHome has recently purchased 25 feddans in Egypt’s anticipated new administrative capital to implement a fully-fledged urban project within the upcoming period, the Egyptian official said. More»
Maha Essam - 2017-12-17 12:24:53
Egypt’s Housing and Real Estate Investment Company (HDRIC), an affiliate of state-run Housing and Development Bank, has completed around 70 percent of flagship Eshraqa in Sixth of October City, an official said Sunday. Moustafa Maher, head of market studies and assessment at HDRIC, told Amwal Al Ghad on Sunday that the residential compound is established over 32 feddans, including a built-up area of 24 percent. “The project is to comprise 896 housing units, on various spaces ranging between 112 square metres and 219 square metres,” Maher further stated, adding that his company has so far handed over about 150 units. HDRIC plans to conclude Eshraqa within the first half of 2018, the Egyptian official further said, referring: “The flagship is to be completely delivered within the next year.” The firm also hopes to invest in the county’s new administrative capital project, as part of its expansion scheme in the city, giving the project’s investment and development feasibility, he added. More»
Amwal Al Ghad English - 2017-12-17 07:44:16
UAE-based Egyptians thronged to the Nile Property Expo– Abu Dhabi 2017 being held at the Abu Dhabi National Exhibition Centre (ADNEC), to peruse through attractive and valued investment opportunities from more than 15 exhibitors, on the first day of the three-day exhibition held from December 14 to 16, 2017. Real estate developers that include ARCO, Palm Hills, El Sallab, Emaar, Porto Group, and Capital Group Properties presented their best offers on the total cash and facilities in payment methods on their residential and commercial projects. The Managing Director of Expo Republic, the organiser of the Nile Property Expo Shady Amin commented, “There are approximately 450,000 Egyptians living in the UAE, one of the largest expatriate communities in the UAE. The need for investment in Egypt has surged a demand for such expos which provide a common platform for developers while giving investors a bouquet of opportunities to choose from.” Visitors expressed their appreciation for the event that featured record low interest rates, easy monthly payment plans, direct B2C engagement, and a diverse portfolio of a range of projects have been cited as the factors behind the fuelled growth of the Egyptian real estate sector. “We Egyptians are eager to invest back home but unfortunately going all the way and looking for the right property is a disadvantage. Plus, online we can’t be sure and it’s never safe to trust but when we heard about this event we made sure we will attend it because to be able to talk to the right people and be able to choose from such a huge list of properties both residential and commercial is a unique opportunity,” explained a guest who was visiting with his family.Bassem A. Kalila, Chairman of Expo Republic added: “Nile Expo puts a new spin on real estate exhibitions by combining perspectives of Egypt’s brokers, owners, developers and real estate leaders under one roof, internationally. We are expecting a positive turnout during the exhibition due to contributing factors including the Egypt’s booming real estate market, great potential returns on investment and newly launched schemes by international developers.” The success of the show not only creates a high demand from developers and agencies in the market for a second show in 2018, but also a huge demand from visitors and investors who joined the event looking for smart property investments. “Nile Property Expo aims to achieve a long-lasting momentum as a dynamic platform where real estate developers meet and unveil their projects to both the local and expatriate community. Likewise, such exhibition represents the strong ties and relation between Egypt and the UAE,” concluded Bassem. More»
Ahmed Fayez - 2017-12-16 13:42:26
Egypt’s Cabinet approved Wednesday the allocation of 809.5 feddans or 340,0613 square metres to establish a new urban community in the Nile Delta city of Mansoura. Earlier in August, Egyptian President Abdel Fattah al-Sisi issued a decree on building a new city in Mansoura, 128 km 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 (NUCA) to be used in establishing a new urban community namely the New Mansoura City, Egypt’s Housing Minister Moustafa Madbouly said. “The city will include touristic housing, villas, and medium-income and social housing, in addition to regional university and technological industrial development zones,” Madbouly further said, referring that it is expected to have more than 150,000 housing units to home around 680,000 citizens.The Cabinet also ratified to assign two land plots in order to execute Luxor International Painting Symposium over 4,976 square metres as well as vegetables and fruits market project in Luxor over 20,999 square metres. More»