amwalalghad :: Real Estate

Your English Portal To Arab Economy

Telecom Egypt   11.48        GMC GROUP FOR INDUSTRIAL COMME   1.29        El Arabia for Investment & Dev   0.34        Modern Company For Water Proof   1.03        Ismailia Misr Poultry   2.45        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        Universal For Paper and Packag   4.94        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        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        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        National Real Estate Bank for    11.84        Egyptian Chemical Industries (   7.26        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        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        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 - 2015-06-13 12:13:56
Egypt's Arab Contractors is ready to deliver two road projects in Ethiopia within 2016, with total investments of US$ 111 million, chairman Mohsen Salah revealed Saturday. Salah noted that the two Ethiopian projects are considered to be the most vital and prominent in Africa, being built with total length of 165km. The projects are implemented in two phases and considered to be part of the international road project that will join Cairo with Cape Town in South Africa, the Egyptian official noted. He further stated that Arab Contractors is aiming to expand its volume of businesses in Ethiopia, seeking to look through various projects to be announced by the Ethiopian government. Moreover, AC’s chairman confirmed that his company is capable of taking part in giant development projects in Ethiopia. More»
Marwa Hemdan - 2015-06-11 13:23:49
Egypt’s contracting firm, Mokhtar Ibrahim will be carrying out two water projects in Oman and Saudi Arabia, with total cost of one billion Egyptian pounds (US$131 million). According to Mahmoud Hegazy – Chairman of parent company Holding company for Construction and Development (HCCD), Mokhtar Ibrahim’s project in Oman is with an investment cost of 600 million pounds; while the Saudi project will be with investments estimated at 400 million pounds. He further noted that the company has lately completed five major projects in Oman, referring to plans to expanding its volume of businesses in Saudi Arabia through undertaking more projects there. More»
Maha Essam - 2015-06-10 13:23:52
Egypt's Hyde Park Properties for Development has posted contractual sales of EGP 730 million (US$956 thousand) during the first five months of the current year. The company is aiming at reaching EGP 1.5 billion by the end of 2015. Maged Salah Eldin, Hyde Park Chief Development Officer, noted that the market indicators have flourished during the the current year, especially after holding the Egyptian Economic Development conference last March in Sharm El Sheikh.In addition,   Housing ministry  has provided different projects with partnership system. These steps  will lead to creating thousand of direct and indirect job opportunities, stressing that the real estate sector will always pave the way to achieve high growth rates.Hyde Park Properties for Development has achieved total sales of EGP one billion by the end of 2014, thus it has delivered 60 % of the targeted units. The land area is estimated by 6 million metres of which 2.3 million for buildings and the rest are green areas. Salah further stated that the company has modified the designs of some of the units to suit the client's demands after studying the market. He further clarified  that the company has delivered 900 units to the clients and 400 units are under construction. It will also deliver 350 units by the end of the year and the other phases will be completed during 4 years. More»
Maha Essam - 2015-06-10 11:44:11
Egypt's Housing Ministry will provide Thursday 13.000 housing units in the 6th of October city as part of the country's one Million Homes project, minister Moustafa Madbouli announced on Wednesday.The minister stated that the housing units are implemented through the Emirati grant in 17 governorates and cities such as 6th of October, Badr, New Minya, New Borg Al Arab, Port Said, South Sinai, Sohag, New Damietta, and Dakahlia.He stressed that the units are fully finished and have been implemented according to the ministry's models. More»
Amwal Al Ghad EN - 2015-06-09 07:51:50
Abraj Misr has yet to choose the initial public offering (IPO) consultation to evaluate the company’s assets, according to Public Relations Manager Rania El-Rafey. El-Rafey added that the company intends to list on the stock market by the start of 2016. The company has announced that it is willing to list 15% of its assets on the Egyptian Exchange (EGX) by the beginning of next year, while it is expected to choose the IPO consultation this month. “There is no specific reason for delaying choosing the IPO consultant. Until this moment, the company has a lot of plans to execute its projects in Cairo and the North Coast,” El-Rafey said. Abraj Misr’s investments amounted to LE 8bn, after it announced its new project, “Future Gate”, that would take place over 37,000 sqm in Nasr City, with investments of LE 4.5bn. The sources of the project’s funding vary between the company, bank financing, and client financing, according to a previous statement by the company’s Chairman, Aly Rabie, to Daily News Egypt. More»
Eslam Salah, Maha Essam - 2015-06-08 09:49:39
Emaar Misr's total sales volume has reached EGP24 billion (US$ 31.46 million) since its foundation till March 2015, Mohamed El Dahan- Chief Executive Officer- said on Monday. El Dahan added that the sales volume has been achieved through number of firm's projects such as Uptown Cairo, Mivida in addition to Marassi project. More»
Amwal Al Ghad EN - 2015-06-08 08:31:27
The Ministry of Housing is building more social housing units in 6th of October City to meet a spike in demand on housing from low-income young people, Minister of Housing Mostafa Madbouly said Sunday. Madbouly indicated that officials from the 6th of October City Council have been assigned to locate all empty lots in the city and choose suitable locations for the units to be constructed. Further, on Saturday, a statement from the ministry indicated that 13,000 residential units with an area of 90 metres each will be available for reservation starting from 26 July until 16 August. The units that will be offered from July to August are also part of the 1m residential units project, and have been implemented through a grant from the UAE. More»
Amwal Al Ghad English - 2015-06-06 10:30:39
Egypt's Housing Ministry will provide 13.000 housing units in 6th of October city among "Million Homes" project this week, Mostafa Madbouli - minister- announced Saturday. The minister told reporters  that the housing units are implemented through the Emirati grant with the spaces of 90 m2. More»
Amwal Al Ghad EN - 2015-06-04 07:46:01
Orascom Construction (ORAS) will build two state-of-the-art combined cycle power plants in Egypt with a power generation capacity of 4,800 MW. Each power plant has a contract value of EUR 2 billion and will be constructed in a consortium with Siemens. OC’s combined share of the contracts totals EUR 1.6 billion. Once complete, each power plant will be the largest in the world and the most efficient in Egypt. One power plant will be located on the Mediterranean coast, north of Borolos Lake in Kafr El Sheikh Governorate, and the other in the new capital city development. Both will operate on natural gas with light fuel as a backup. OC arranged a competitive 15-year financing package for its portion of the contracts on behalf of the Egyptian Electricity Holding Company. Siemens and OC previously collaborated on a 1,000 MW natural gas-fired power plant in Baiji, Iraq, where OC installed Siemens equipment and received technical support on the EPC scope. More»
Amwal Al Ghad EN - 2015-06-04 07:05:52
Dubai's Emaar Properties announced the price range on Thursday for the initial share sale of its Egyptian unit at below previously-indicated levels, giving an offer size of 2.55 billion pounds ($334 million) at the top of the range. The flotation will involve 600 million shares, equivalent to 12.99 percent of the company, offered at a price between 3.5 pounds and 4.25 pounds, with the final price to be decided on or around June 18, Emaar said in a bourse filing in Dubai. This range was below the 4.49 pounds which Emaar Misr said on Monday it would price the offering at, as well as the initial valuation of 4.70 pounds revealed in May which was based on a recommendation from accountancy firm Grant Thornton. More»