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        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        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 - 2017-03-07 11:50:21
Egypt's real estate Madaar Development Company is planning to launch a new project in Sheikh Zayed City, at the outskirts of Cairo, within 2017. Gasser Bahgat, Madaar's CEO, said Monday the project will be with total investments of more than two billion Egyptian pounds ($119.7 million). "We are currently preparing the essential designs for our project," Bahgat noted. More»
Amwal Al Ghad English - 2017-03-07 10:15:01
Investments of the Greater Cairo Reconstruction Authority have reached two billion Egyptian pounds ($114.2 million) during the financial year 2016/2017, distributed throughout road projects and slum developments. Mohamed Salah El-Din, head of Cairo Reconstruction, said Monday that the Fangary axis is one of the most prominent projects of the authority in 2017, and its total cost exceeds one billion pounds. He told Daily News Egypt that the Fangary axis is the first horizontal axis implemented in Cairo to connect Eastern Cairo to Western Cairo, forming an extension of Rod El Farag axis, which begins in El Dabaa and extends to Rod El Farag and Khalafawi in Shoubra. More»
Maha Essam - 2017-03-02 15:34:08
Cairo-based construction firm, Hassan Allam Holding says total volume of businesses has reached 37 billion Egyptian pounds ($2.3 billion) in three countries; Egypt, Saudi Arabia, and Algeria. “There were some economic changes due to fall in oil prices that have affected our businesses in Saudi Arabia.” Hassan Allam, chief executive of the Egyptian construction group, further said. “Costs of some projects there (Saudi Arabia) were cut, which hurt our receivables.” In Egypt, the company’s total business volume at the country’s new administrative capital project amounts to 10 billion pounds, Allam added, describing it as “a first-class national project.” Hassan Allam Group is foremost among other Egyptian construction companies to aggressively expanding activities throughout the Middle East and North Africa region. The company specializes in large scale, highly complex projects such as power stations, roads, bridges, water and waste water utilities, industrial facilities, petrochemical factories, and luxury residential communities. More»
Maha Essam - 2017-03-01 12:49:07
Egypt's property developer Wadi Degla Holding Company says it posted contractual sales worth four billion Egyptian pounds ($253.2 million) at the end of 2016. The company is targeting five billion pounds of contractual sales at the end of 2017.Maged Helmy, Wadi Degla's Chairman, said Wednesday that his company has raised the costs of its projects by ten percent due to many changes in Egyptian real estate market."We rely on diversity in terms of choosing the location and type of our projects along with the spaces of the units, seeking to meet market needs" Helmy noted. More»
Marwa Hemdan - 2017-03-01 12:31:43
Maadi Company for Development and Construction is nearing a cooperation protocol with Cairo Governorate and the Informal Settlements Development Fund (ISDF) to remove continuous urban encroachment to Fustat City, in Old Cairo.Fahd Derbala, Maadi's chairman and managing director, said Wednesday that his company is negotiating with the governorate and the ISDF to put an end for these encroachments and restore its land plot in the Fustat City. "We expect to sign the protocol within the next few months," Derbala added."We already own 800 feddans in Fustat, yet we couldn't develop more than 100 feddans," Derbala noted. More»
Amwal Al Ghad English - 2017-02-28 09:21:36
Cityscape Egypt, which kicks off next month, looks to spur more real estate investment opportunities for both local and foreign investors, amid growing evidence that Egypt’s economy has started turning a corner. Ayman Sami, Country Head for the Egypt office of property consultant JLL, believes that Egypt has already started to become more attractive to foreign real estate investors. “Those reforms created a shock to the market as we saw the exchange rate jump from 8.8 to 18 or 19, including an Egyptian living abroad, of which there are an estimated 4.3 million, is looking to buy a residential unit in Egypt and will find it at least 30 to 50 percent cheaper than pre- floatation,” Sami said. “Local brands starting to thrive and expand is a result of the increased demand on local products due to them being more affordable. We will start seeing local businesses expand,” Sami added. More»
Amwal Al Ghad English - 2017-02-27 11:13:17
Lending to households accelerated in January, while lending growth to firms was flat versus December, data from the European Central Bank revealed on Monday. Lending to households grew by 2.2% in January versus one year earlier, compared with an annual rise of 2.0% in December. Loans to companies increased by 2.3% in January, the same pace as in December, the ECB said. The M3, the ECB's indicator of broad money supply, grew 4.9% in January on the year, compared with 5.0% in December. Economists polled by The Wall Street Journal expected a 4.8% increase. More»
Marwa Hemdan - 2017-02-26 17:39:28
Egypt’s construction firm, Moukhtar Ibrahim says it will be carrying out a major water network in Oman at total cost worth more than 600 million Egyptian pounds ($38 million). The water network will be built in Muscat, to be one of the biggest infrastructure projects in the Sultanate, Mohamed Al-Khatib – deputy chairman of Moukhtar Ibrahim – told Amwal Al Ghad on Sunday. Moukhtar Ibrahim plans to complete the project within two years, Al-Khatib added. More»
Maha Essam - 2017-02-26 12:29:40
Egypt-based property developer Tatweer Misr is planning to implement 1,000 hotel rooms in IL Monte Galala project in Ain Sokhna, managing director Ahmed Shalaby said Sunday. These rooms will be executed after completing IL Monte Galala project which is set to encompass five hotels, Shalaby told Amwal Al Ghad.IL Monte Galala spans over 2.2 million square metres lapping a pristine 1.3 km shoreline. More»
Amwal Al Ghad English - 2017-02-26 09:46:12
An array of affordable apartment complexes, coastal residences, and ultra-modern villas will be showcased at this year’s Cityscape Egypt, proving that the real estate industry is optimistic about the market’s prospects for 2017. “While there has been a strong increase in new exhibitor numbers, we have also noticed a trend, in major exhibitors increasing their presence at the show,” says Tom Rhodes, Exhibition Director of Cityscape Egypt. “The show is a sell-out with over 15,000 sqm of floor space confirmed, a clear indication that while there are a few challenges in the market, sentiment and demand remains steadfast. A look at several new residential developments billed to be unveiled at this year’s show is evidence of this.” The Cityscape Egypt exhibition will have over 90 exhibitors, including 20 new exhibitors, when the show kicks off on March 31st running until April 3rd at the Cairo International Convention Centre. Some of the new exhibitors include CBRE, Catalyst, Mangroovy Residences, Life Park for Real Estate Development, Ardic for Real Estate Development, Avenues Real Estate and El Nasr Housing Development, to name a few. Exhibiting this year is ARDIC for Real Estate Developments and Investments who will be showcasing Zizinia El Mostakbal as part of Mostakbal City, to be completed in 2020. Dr. Eng. Ashraf Dowidar, of ARDIC, said that their participation at Cityscape coincides with the start of construction on Zizinia El Mostakbal. Built on 70 acres, Zizinia El Mostakbal comprises residential apartment complexes with 45 buildings and 1800 units. The buildings make up only 20% of the total land usage, while the rest is for green lands, waterways and roads. In addition, the complex includes solar panels as a way of reducing its carbon footprint. Tabarak Developments, Egyptian-based developer, will launch new projects at this year’s show, such as the third phase of its Ninety Avenue development, of which 25%of the second phase, is already under construction. According to Ali El Shorbani, Chairman of the Board of Directors of Tabarak, the company will also highlight Capital East Residence. “We are happy to be taking part at this year’s Cityscape, which is one of the strongest real estate investment exhibitions internationally,” said El Shorbani. He added that the property market will continue to be a strong sector in Egypt’s economy and will remain resilient against any crisis due to demand from its large population. Dar Al Maghraby, Egyptian-based architecture firm, will show off TurQuoise, the latest in its portfolio located on Egypt’s northern coast. The resort is situated on a green cliff overlooking the sea and offers private beach access, amenities, retail and F&B outlets. The exhibitor will also showcase Murooj, a residential complex in 6th October. Special prices will only be available at Cityscape. At this year’s Cityscape Egypt, Hyde Park will launch its new master developer’s name, which will encompass Hyde Park new Cairo, as well as any other future projects. Hyde Park will also launch Phase 2 of its new residential project, Park Corner, which spans an area of 320,000 sqm and will be completed and ready for delivery within three years of the contract date. In addition, Hyde Park’s newest project, located in Sahel, will be launched this summer. Cityscape will also see the return of Cityscape Egypt Awards, which will take place on March 28th. Sponsored byJLL, a professional services and investment management firm, the Awards offer international architects and leading real estate developers a platform from which to communicate a shared vision for the future, from culturally integrated city skylines to sustainable urban communities. The nominee shortlist will be announced on March 8th. Egyptian-based developer, Misr Italia will be this year’s Associate Sponsor and will highlight a range of their developments. Some of the exhibitors at this year’s Cityscape Egypt include: Al Arabia Real Estate Development (ARCO), Palm Hills, PACT, Aloula Tameer For Mortgage Finance, Aristo Developers, Beta Egypt for Urban Development, Brouj Property Management, Capital Group Properties, Egyptian Engineering Development and Real Estate Investment, El-Batal Group, Emaar Misr, Invest4Land (API Investment), Madaar Development, Pandora Investments Public Ltd-Leptos Estates, Rooya Group, Talaat Mostafa Group Holding, Tatweer Misr, Trends Real Estate, and Wadi Degla Developments to name a few. More»