amwalalghad :: Real Estate

Your English Portal To Arab Economy

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        Naeem Holding   0.19        Egyptian Iron & Steel   6.87        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        Universal For Paper and Packag   4.94        Egyptian for Tourism Resorts   0.69        Upper Egypt Contracting   0.8        Egyptian Financial Group-Herme   7.42        Orascom Construction Industrie   240.82        Modern Shorouk Printing & Pack   7        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        Ceramic & Porcelain   2.88        Rowad Tourism (Al Rowad)   5.05        Union National Bank - Egypt "    3.25        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        Cairo Poultry   8.32        ARAB POLVARA SPINNING & WEAVIN   2.11        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 - 2016-11-03 18:14:29
Egyptian construction firm, Arab Contractors plans to inaugurate Kuwait’s Sheikh Jaber Al-Ahmad Al-Sabah Hospital project before the end of the year, its chairman Mohsen Salah said Tuesday. Set to become the biggest hospital in the Middle East region and the sixth in the world, the project is at cost of 304 million Kuwaiti dinars ($1 billion) and being carried out in three phases. The hospital is built at total space of 720,000 square metres, Salah added. Entirely managed by Kuwaiti Ministry of Health, the Jaber Al Ahmed Al Jaber Al Sabah Hospital will be built on a surface of 270,000 square feet and will offer 1168 beds and provide a large range of medical services including diagnostic and treatment services, a trauma centre, a dental facility, in- and out-patient care services as well as VIP suites for visiting heads of state. More»
Amwal Al Ghad English - 2016-11-02 09:58:06
The U.K.'s house-price growth slowed markedly during October, a British lender's data showed on Wednesday, suggesting that the housing market may have cooled slightly. Prices were unchanged in October compared with the previous month, marking the first month of no price growth in over a year, Nationwide Building Society said. Compared with October last year, house prices grew by 4.6%, significantly below the 5.3% annual growth rate seen in September. Whether house prices hold up in the aftermath of the June 23 vote to leave the European Union matters to the overall health of the world's fifth-biggest economy. Over the past three decades, U.K. households have cut spending every time that house prices have fallen. Earlier this week, the Bank of England said the number of new mortgages in the U.K. rose slightly in September after it fell to a near two-year low the previous month. More»
Marwa Hemdan - 2016-11-01 15:42:36
El Batal Group for Housing and Development is planning to carry out a residential project in the Fifth Settlement in New Cairo at a cost of 300 million Egyptian pounds ($33.7 million), said its chief executive Emad Doss. The project will be offered for sale before the end of this year, Doss added. He further said that his company is going to implement 250 hotel units offered entirely to non-Egyptian residents. The units will be from 50 to 100 metres wide, the Egyptian official said asserting that the company would sign contracts with contractors to start implementing the project as a next step. El Batal group is looking to finalise and deliver this project within two years and a half, Doss noted hinting that his company is planning to start marketing campaigns in the coming months. More»
Amwal Al Ghad English - 2016-10-31 09:09:39
The Egyptian government has pumped investments estimated at 43 billion Egyptian Pounds into the real estate sector over the last 30 months, according to Minister of Housing Mostafa Madbouly. Madbouly added that in the past 20 years, only EGP 30bn were invested in Egypt’s real estate sector, highlighting that the current numbers signify a massive leap. He noted that the EGP 43bn were invested in social housing projects, the 1 million units project for lower income citizens, and the Dar Misr project for middle-income citizens, as well as in connecting lands to utilities. The minister announced that the Housing Ministry, represented by the New Urban Communities Authority (NUCA), started to build nine new cities at once. More»
Amwal Al Ghad English - 2016-10-31 08:15:21
The largest real estate developers in Egypt are competing to offer their clients greener, more environmentally friendly options so as to become distinctive, serve their marketing campaigns, and achieve higher sales. Abraj Misr Urban Development is one of the companies that has begun utilising green technology in its development projects. The company previously launched hotel apartments developed to green standards and already has plans to raise the stakes with its The Gate project. Founder and CEO of Abraj Misr Ali Rabie told Daily News Egypt that the demand on smart homes and environmentally friendly systems has been increasing in Egypt over the past years; however, due to its very high costs it is not a common practice.  With increasing energy costs, the serious impact of climate change, and the negative human impact on the natural environment, green architecture has been proven to minimise the negative environmental impact of buildings through improved efficiency of energy resources and the use of green technology to enhance residents’ health, productivity, and comfort. More»
Amwal Al Ghad English - 2016-10-30 11:30:23
Arab construction companies have a big role to play in the development of the Arab World, notably Egypt, said Fahad Al Hammadi, Chairman of the Federation of Arab Contractors. During a meeting with Ahmed Darwish, chairman of Suez Canal Economic Zone (SCZone), Al Hammadi added that development can be achieved through carrying out a number of infrastructure projects in Arab countries including Egypt. He further added that Arab construction companies are fully ready to take over projects in different industrial zones alongside with construction works. The two sides also explored the possibility of cooperation between the SCZone and the Federation in the coming days. SCZone Authority has assigned a number of projects that will mainly be executed by Arab contractors, Darwish said. These projects, which will be implemented in East Port Said Zone, will include paving 5,000 metres and five tunnels, preparing soil, establishing petrochemical complexes, oil refineries, and steel factories. More»
Marwa Hemdan - 2016-10-29 12:38:44
Egypt’s Arab Contractors has now equipment totalling 5 billion Egyptian pounds ($563 million) following the purchase of a large bunch worth 2 billion pounds during the last biennium, its chairman said Saturday. Mohsen Salah further said added that his company possesses around 11,000 pieces of equipment operating in local and global assigned projects. Equipment is distributed according to a plan set by the internal management department and Arab Contractors’ offices in Egypt alongside Arab and African countries. The company is keen on upgrading its tools and construction equipment upon signing contracts to carry out a great number of projects in addition to taking over huge parts of major national projects, the Egyptian official added. Moreover, the company provides training programmes to its workers enabling them to use the new equipment in the most efficient way. More»
Marwa Hemdan - 2016-10-27 10:11:48
Egyptian real estate developer Inertia Holding Group is planning to start a residential project in the country’s anticipated administrative capital city, its chairman Ahmed El Adawy announced Wednesday. Inertia has submitted a request to the Ministry of Housing to obtain 200 feddans to implement a residential project and land plots ranging between 40,000 and 100,000 metres for commercial, administrative, medical, and entertainment projects in the new capital city in order, El Adawy said. The proposed new capital of Egypt is a large-scale project announced at the Egypt Economic Development Conference on 13 March 2015 and was dubbed as a ‘global city for Egypt’s future’ and ‘a city shaped by nature’, with a reliance on renewable energy. It promises housing to five million people and will also include a new central business district with hotels, shopping centers, theme parks and more. The $US 45 billion capital city project, which is set to be completed within 12 years, is primarily aimed at transferring Ministries, government buildings and foreign embassies from down-town Cairo to the new capital and would be established on the Suez-Cairo-Ain Sokhna road. More»
Amwal Al Ghad English - 2016-10-26 12:21:31
Egypt has finalised building around 2876 residential units in Upper Egypt’s Sohag as part of a social housing scheme in the city, Sohag governor Ayman Abdel Moneim said Tuesday. The first phase in Sohag’s social housing scheme will include the completion of 2972 units, Abdel Moneim added. Additional 72 units in Juhayna city in Sohag will be ready soon as achievement rate has reached 95 percent, he stated. The achievement rate in 24 units in Tama city in Sohag has hit 85 percent. Around 1568 out of 2876 units were furnished with all the utilities so far, Sohag governor stated. More»
Marwa Hemdan - 2016-10-24 11:35:49
The Federation of Arab Contractors has launched its first publication, Al-Moqawel Al-Araby (The Arab Contractor) to trace the developments of the construction industry in the Arab world, the federation chief Fahad Al Hammadi announced Sunday. The Arab Contractor magazine is a quarterly bilingual; Arabic and English, dedicated mainly to supporting the higher interests of Arab contractors. The magazine’s main focus revolves around providing audience with the most updated info about construction and building materials sectors from news, analyses, projects, and tenders. It will also monitor the construction sector and major building projects in Arab countries with special focus on building materials exhibits. More»