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

Amwal Al Ghad English - 2016-04-05 12:32:54
Egypt requires achieving comprehensive urban development with total investments worth 100 billion Egyptian pounds (US$ 11 million) annually to realize Egypt's vision 2030, Fathallah Fawzy, Mena for Contracting & Trading Company Co-Founder and Cityscape 2016 chairman said Tuesday. Fawzy made those comments during his welcome address at Cityscape Egypt Conference which is taking place today in Cairo under the rubric “Urbanisation, Regeneration and Partnership”.The conference aims to discuss the main feature of the Egyptian government’s future scheme and the updates of mega national projects and real estate regulations. The Egyptian government has launched in February 2016 the sustainable development strategy -Egypt's vision 2030 which is considered to be the final draft of the country's sustainable development strategy for the next 15 years. More»
Amwal Al Ghad English - 2016-04-05 10:32:40
Cityscape Egypt Conference is officially opened, today, Tuesday, 5th April 2016 at Kempinski Royal Maxim Palace Hotel, the 1st Settlement district in New Cairo by H.E. Mostafa  Madbouly, Minister of Housing, Utilities, and Urban Communities. The event is held in the presence of some Egyptian government officials, including H.E. Mostafa  Madbouly, Minister of Housing, Utilities, and Urban Communities, and Dr. Ahmed Darwish, Deputy Minister for Urban Renewal and Informal Settlements at Ministry of Housing, Utilities and Urban Communities. Cityscape Egypt Conference features over expert 50 speakers from top developers, as well as government authorities including Dr. Assem El Gazzar, Chairman of General Organisation for Physical Planning, and Eng. Magdy Ghazi, Vice President of the Industrial Development Authority, as well as celebrity speaker Dr. Amr  Ellisy, journalist and television presenter. More»
Mohamed Hamdy - 2016-04-04 11:31:15
Egypt’s local banks injected 2 billion Egyptian pounds (US$225 million) in favour of the central bank's low-income mortgage initiative by the end of March 2016, Mortgage Finance Fund (MFF) chairman May Abdel Hamid said Monday. Abdel Hamid told Amwal Al Ghad that MFF has pumped 500 million Egyptian pounds among CBE’s mortgage initiative. During 2014, CBE has launched an initiative worth 10 billion Egyptian pounds (US$1.4 billion) to stimulate the mortgage sector and finance the purchase of housing for earners with low and average incomes. In March 2014, four local Egyptian banks, namely the National Bank of Egypt, Banque Du Caire, Banque Misr and Housing and Development Bank, have signed agreements with MFF worth 8.5 billion Egyptian pounds to finance low and average incomes’ earners at annual interest rate between 8 percent and 7 percent. More»
Amwal Al Ghad English - 2016-04-03 12:24:26
Egyptian Federation for Construction and Building Contractors (EFCBC) is mulling the possibility of launching an initiative to support young contractors in cooperation with the Social Fund for Development (SFD) by the end of the current year. Mohamed Lokma, the federation board member, said that EFCBC addressed SFD to secure fund for young contractors during the current period so as to promote this segment which would reflect positively on the local market. In addition, the latter has approved all the former’s suggestions to back the young contractors. More»
Maha Essam - 2016-04-02 14:31:19
The Saudi-Egyptian Construction Company (SECON) has announced that the foundation for Riyadh SECON” has been laid in New Cairo that will see investments between 2.8 billion and 3 billion Egyptian pounds. SECON CEO Darwish Hassanain said that the new comprehensive compound would include 120 residential building with total number of 1928 units to be built through three phases for above-medium income segment in cooperation with local construction companies. During The first phase, the company would carry out 44 residential buildings that represent 44 percent of the whole project The company would establish three new projects amongst the land received of 97 feddans, as part of the Egyptian share in raising the company’s capital, of which Riyadh SECON will cover a total area of 68 feddans. More»
Amwal Al Ghad English - 2016-04-02 12:29:49
Egypt’s local construction companies start works on the infra-structure of the new administrative capital city first phase today, said the minister of housing Moustafa Madbouli. The companies would start utilising the government and the residential neighborhoods, the minister noted. In addition, The New Urban Communities Authority (NUCA) has assigned a team to follow up the work on daily basis. More»
Amwal Al Ghad English - 2016-03-31 14:52:12
Hilton Hotels & Resorts, a leading hospitality chain, is strengthening its foothold in Egypt with the opening of a new hotel in Alexandria. The Hilton Alexandria King’s Ranch marks the group’s 18th hotel in Egypt. “As we continue to spearhead the hospitality industry in Egypt and around the world, we’re proud to expand our world-class offerings,” said Rudi Jagersbacher, president, Middle East & Africa, Hilton Worldwide. “With the opening of Hilton Alexandria King’s Ranch, we continue to build on our long-standing legacy in Egypt, a country we have served for more than 50 years. Expanding our presence and our team will allow us to continue providing our guests with the superior services they’ve come to expect from Hilton.” Hilton Alexandria King’s Ranch is located just outside the city of Alexandria and only 12 km from Borg Al Arab International Airport. The hotel offers 199 modern rooms, including 20 suites and 21 executive rooms, all designed with comfort and convenience in mind to provide a place to relax and unwind or to catch up on work. All rooms are equipped with a spacious desk, minibar, an HDTV and a stylish bathroom with walk-in shower. Suites benefit from a separate bedroom and living room space, with additional daily amenities. Executive rooms have complimentary access to the Executive Lounge where guests enjoy complimentary drinks and snacks throughout the day. Andreas Lackner, vice president, area brand management, Hilton Worldwide, said: “As the pre-eminent hospitality provider in the region, our portfolio of hotels in Egypt boasts some incredible properties across the country. Hilton Alexandria King’s Ranch is a stylish, contemporary hotel with world-class facilities that will appeal to both leisure and business travellers alike and we are delighted to see this wonderful hotel join our outstanding portfolio.” More»
Gehad Abdulghany,Islam Salah - 2016-03-31 13:39:21
Orascom Hotels and Development (OHD), Egypt’s Premier Resort Developer, recorded standalone revenues of EGP 759.6 million(US$85.5 million) during FY2015 compared to EGP 328.7 million in FY 2014 according to an insightful source. The company has registered a huge boost in profitability,  with consolidated net  profit  of  EGP  206 million  during FY 2015  compared to  EGP 106 million a year earlier. According to standalone financial results, the company has registered net profit of 382 million Egyptian pounds during FY 2015 in comparison to losses 27 million Egyptian pounds in FY 2014. More»
Maha Essam - 2016-03-31 11:39:15
Egypt’s Ministry of Housing assigned four local construction companies to carry out the infra-structure of the new administrative capital city first phase coming Saturday. The ministry also would start implementing the infrastructure of the New-Alamein city, said Moustafa Madbouli on Thursday. The proposed new capital of Egypt is a large-scale project announced by Egyptian housing minister Mostafa Madbouly during Egypt Economic Development Conference (EEDC) on 13 March 2015. More»
Amwal Al Ghad English - 2016-03-30 14:03:34
Good news keeps coming for Hisham Naguib and his sales team at Cairo-based real-estate company Mountain View. With apartments already snapped up long before they’re built, last week’s devaluation of the Egyptian pound looks set to boost demand even further. “The pound’s devaluation is on everybody’s mind, and it’s sending demand for real estate off the charts,” said Naguib, who has taken to using the back door to his office to avoid crowds of buyers on project launch days. “Even if banks start offering 20 percent interest rate on the pound, people will still prefer real estate.” More»