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        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        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        Canal Shipping Agencies   7.39        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        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

Amwal Al Ghad English - 2016-08-22 08:50:30
Egypt's New Urban Communities Authority (NUCA) is implementing 116,000 units in 6th of October City as part of the social housing project allocated for the middle-income bracket with total cost of 16 billion Egyptian Pounds (US$$1.8bn). A total of 42,700 units are being built in the Bahariya Oasis, Minister of Housing Mustafa Madbouly said.The project includes four schools, four health care units, four units related to social service issues, a hall for special occasions, and places of worship alongside a playgrounds, a hospital, parking areas, two police stations, and a public market, he added. A number of main roads in the city are also being developed, including the Bahariya Oasis road and South Dahshour road, he highlighted. More»
Amwal Al Ghad English - 2016-08-21 14:30:31
Egyptian General Authority for Roads, Bridges & Land Transport announced that the progress rate in Suez desert road registers  97 percent of the total volume of works executed during the current period, the authority chief Adel al-Turk said Sunday.The project is considered to be one of the biggest projects within the new national roads network, noting that the work progress rate has exceeded 90 percent, Al-Turk added. More»
Amwal Al Ghad English - 2016-08-21 13:36:27
Shorouk City Development Agency is set to offer the establishment of a new youth convention center in Shorouk City on a public auction for the companies registered in the Egyptian Federation for Construction and Building Contractors (EFCBC), according the authority chairman Atef Zakria. furthermore,  The Obour City Development Authority will put out the works in the first phase of agriculture wastewater treatment network to tender for the firms registered in EFCBC, according to the authority chairman Amin Ghoneim. More»
Marwa Himdan - 2016-08-21 10:45:00
Six Arab construction firms has been listed in the international rating of the construction firms paving the way for them to operate in the foreign markets  and enter into large projects, according to Hassan Abdel Aziz as Chairman of Egyptian Federation for Construction and Building Contractors (EFCBC). Abdel Aziz who is also the chairman of The African Federation for Construction Contractors' Association (AFCCA) told Amwal Al Ghad that the listed companies would compete for projects’ tenders in the Arab Countries. More»
Amwal Al Ghad English - 2016-08-20 13:34:48
Egypt will offer 112,000 feddans offered from the 1.5m feddans reclamation project next month according to CEO of New Egyptian Countryside Development (NECD). He made those comments during a meeting conducted by Prime Minister Sherif Ismail with the ministers of planning, and water resources and irrigation and representatives of several bodies. The official spokesperson for the prime minister, Hossam El-Kawish, said that the Ismail confirmed that Egypt is working towards issuing the necessary land to execute the different sectors of this project, including projects in agriculture, industry, and aquaculture manufacturing and logistics.  He added that the prime minister affirmed that Egypt is willing to offer all sorts of support to put the NECD into action. More»
Amwal Al Ghad English - 2016-08-20 13:05:07
Egypt is set to build a new road network connecting east and west Nile in Upper Egypt with total investment worth 650 million Egyptian pounds ($73mn) according to the minister of transport Galal El-Said. More»
Amwal Al Ghad English - 2016-08-20 12:12:17
Residential property prices in Dubai fell again during the second half of 2016 and the slowdown is projected to continue. Data from two sets of figures covering the second quarter show that the real estate market is slowing although sales are holding up. However, currency fluctuations are adversely affecting demand from foreign buyers. The data from CBRE shows that it was the sixth consecutive quarter of declines with the average sales rate down 2% quarter on quarter and 12% year on year, with the most significant fall recorded in the upper segment of the market. ‘Prices within the mid-market segment have proven to be far more resilient to this downward rate trend, reflecting the current demand for affordable accommodation in freehold communities,’ the report says. Although sales have held up relatively well, rental values in the mid-market segment of the market in areas like Al Barsha, Oud Metha and Bur Dubai have fallen, reflecting the higher availability of homes on the market. It suggests that the devaluation of major currencies, global economic uncertainty, redundancies and lower accommodation budgets mean that there is likely to be a further softening of demand levels and sales rates in the short term, especially for higher end and larger units. Indeed, the firm predicts that property sales rates are set to fall further by an additional 3% to 5% in the coming quarters although some locations may vary. ‘It is estimated that around 48,000 new residential units, apartments and villas, could enter the Dubai market during the period 2016 to 2018, provided that construction delays are at a minimal,’ said Mat Green, head of research and consulting UAE at CBRE Middle East. More»
Amwal Al Ghad English - 2016-08-20 10:07:28
Egypt has signed a letter of intent with Chinese mega-firm China State Construction Engineering Corporation (CSCEC) to start work on the ministerial district in the new administrative capital city. The Egyptian Minister of Housing, Moustafa Madbouli, and the CEO of Administrative Capital City for Urban Development Company, Ayman Ismail, have witnessed the signing ceremony of the agreement along with Egyptian and Chinese officials. The agreement includes constructing the new cabinet’s building along with 18 other ministerial buildings, starting with the Ministry of Housing. The alliance will also build a new convention centre, a fairground, and 15,000 residential units for low and middle income citizens. More»
Amwal Al Ghad English - 2016-08-18 14:13:57
Egyptian property developer PACT announced on August 16th key partnerships with leading companies Cisco, Crystal Lagoons, Sites and Multiples Group to provide state of the art and comprehensive offerings in their North Coast flagship project White Bay in Sidi Heneish. The press conference took places in the Four Seasons Hotel which was attended by managing directors of the companies, in the strategic alliance, discussed the significant benefits of the collaboration. Speaking on the reasoning behind the alliance Mohamed Gamal President of PACT said “Real Estate developers are under significant pressure to provide highly personalized services and a higher quality of service to their customers. To compete effectively, next generation services that integrate a number of services for customers have become mandatory.” The strategic alliance between the illustrious companies brings to the table the long experience of the different partners to create important synergies for the development of a new age resort in line with “PACT’s motto “new destinations for new generations.“ In essence the partnership between PACT and leading industry experts brings together cutting-edge technology and service assurance. According to Gamal; “This allows us to deliver a unique service that is characterized by outstanding experience and value to our customers” He adds that “At PACT, we are committed to providing homes of the future. All of our homes are designed, by Wessam Architects, using cutting edge architecture designs and focused around the concept of smart homes.  The future of homes will be defined by technology an idea that we intend to make a reality.” To achieve this vision PACT has partnered their expertise with a number of illustrious firms such as Cisco for smart home and various other technological solutions. “Cisco has been bringing state of the art infrastructure and home automation solutions globally and is now bringing this concept of smart homes to Egypt. To bring this to life, Cisco participated in the design consultancy phase for building various smart solutions in the compound,” says Ayman Elgohary, General Manager, Cisco Egypt. He adds that “This model encompasses the implementation of the best technologies available at Cisco including: Cisco’s leading Fibre to the Home (FTTH) solutions, IP surveillance and switching equipment, indoor and outdoor Wireless coverage, our top of the art Data Centre computing equipment, management services of the network, and to provide upskilling training to PACT’s IT and engineering staff to provide them with the skills to operate the technologies Cisco is providing to PACT.” Essentially every home that PACT finishes will not only provide pre-paid electricity and water payment systems, but also allow owners to control any electricity powered appliance through a mobile application in addition to a number of services and facilities as a  way to achieve overall efficient communities. While a strong belief in in becoming the leading Smart Community in the North Coast is a priority to PACT providing their residents and visitors with added benefits for everybody in the family, from beach for adults to water sports for teens comes a close second. True to that vision PACT has teamed up with Crystal Lagoons, to further reinvent the iconic destination by bringing their state of the art technology to develop man-made lagoon with crystal-clear waters. The Crystal Lagoon, which will cover 14,000 square meters bringing around 300 Meters of sandy beaches and an expanse of crystal clear blue water based on the latest technology on offer with investment of value EGP 50 Million.   Speaking on this Carlos Salas, Regional Director, Middle East, Crystal Lagoons said: “We have developed our patented technology and proven business model to provide the world’s top amenity and in the process add significant value to any real estate project in the world. We look forward to working with Pact to deliver a unique leisure-centric destination while also contributing to real estate offering of White Bay.” The scenic lagoon will be the centerpiece of the development with the elaborate water attraction set to include both daytime and nighttime entertainment elements. PACT is also working closely with Multiples Group on the funding of the innovative project.  According to the agreement Multiples Group will be contracting and financing phase 1 and part of phase 2 in “White Bay” with an estimate 325 Million EGP, through its contracting arm “Asass”.  To this Omar El-Shenety Managing Director Multiples Group comments that “Multiples Group owns and manages a range of real estate projects through its real estate and contracting arm “Asass”.  In considering such investment, we focus on integrating real estate projects through partnerships with landowners who contribute the land value, nothing exemplifies this strategy more than PACT’s White Bay project in Sidi Heneish” Apart from the above noted numerous elements, the 1.7 billion EGP White Bay Project , aptly named for its beautiful white sand beach is divided into 4 phases providing a total of 600 units surrounded by green spaces and open areas, representing about 85% of the total size of White Bay. The smart home community is set to deliver phase 1 by summer 2018. More»
Amwal Al Ghad English - 2016-08-18 14:12:54
Egyptian joint stock contracting company, Construction and Design Co. (CONSTEC), is set to build housing units in favour of SODIC and Porto Group with total contractual sales of 200 million Egyptian pounds ($22mn), its managing director Talaat Fawzy said Thursday. He added that his company has signed a contract with Six of October Development & Investment to implement 59 villas with various spaces to be completed by the beginning of 2018. More»