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        Orascom Telecom Holding (OT)   3.92        Rakta Paper Manufacturing   4.39        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        Orascom Construction Industrie   240.82        Modern Shorouk Printing & Pack   7        Upper Egypt Contracting   0.8        Egyptian Financial Group-Herme   7.42        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 - 2016-04-05 17:30:56
Chairman of Egypt’s Al Oula Mortgage Finance company Hassan Hussein urged establishing authority to regulate state’s real estate market and to be affiliated directly to the presidency. During his speech at Cityscape Egypt’s first discussion session, Hussein added that real estate market has promising opportunities as well as considerable investments yet many obstacles need to be driven away before carrying out major projects such as the New Administrative Capital and other social housing projects. He noted that a number of Arab and local investors demand for expanding their investments in the Egyptian real estate sector as pursuant to the large opportunities that the sector enjoys as well as the rise in rates of demands for housing units every year. Hussein further added that the Egyptian market owns many financing tools notably banks which established special units to provide mortgage. This in addition to leasing firms which plays a important role in funding service projects such as hospitals and schools. Cityscape Egypt 2016 kicked off on Tuesday April 5 at Royal Maxim Palace Kempinski under the rubric of ' The Future of Development: Urbanisation, Regeneration and Partnership'. It is set to discuss the main feature of the Egyptian government’s future scheme and the updates of mega national projects and real estate regulations.
Amwal Al Ghad English - 2016-04-05 15:01:07
Egypt’s government should direct its efforts should resort to diversity while issuing lands for investments, in addition it should have a clear vision to empower the real estate developers with knowledge about the available investments opportunities, Ahmed Shalaby, Tatweer Misr  Managing Director said Tuesday. More»
Amwal Al Ghad English - 2016-04-05 14:47:16
The experience of Egyptian government in issuing land plots had not succeeded in attracting investors and finishing goals of urban development that the country targets. Managing Director of SODIC-Egypt Magued Sherif stated that the government should reconsider the system of issuing lands for property developers. He made these remarks during his speech at Cityscape Egypt conference that kicked off Tuesday April 5 at Royal Maxim Palace Kempinski under the rubric of ' The Future of Development: Urbanisation, Regeneration and Partnership'. Sherif added that the government also should play supervisory and organisational role in real estate sector without controlling mechanisms of lands issuance. The development plans that Egypt targets within the upcoming period requires determining government's role in issuing land plots and organising sector's activity, the official clarified. The number of current available land issuance , i.e. 70 land plots in a massive number of cities, has witnessed a small improvement from developers. Meanwhile, investors have not applied for the issuances of lands located in large cities, Sherif clarified. Hence, the investors refuse government's policy of issuing land plots and the unreasonable rise in prices. Sheirf noted that activating discussions between all parties involved in real estate development system is important as well as reconsidering speacialisations of each party. the official emphasised on the importance of agreeing upon rules and mechanisms that guarantee organising market and activating sustainable real estate development within the coming years. He added that finding active communication channels between the government and real estate developers is important to respond their suggestions besides establishing a bunch or rules upon which two parties are agreed to improve mechanisms of investing in real estate sector and solve its problems in the future. Cityscape Egypt is set to discuss the main feature of the Egyptian government’s future scheme and the updates of mega national projects and real estate regulations. More»
Amwal Al Ghad English - 2016-04-05 14:20:01
In order to achieve development in Egypt, growth rates should increase by 7 percent, Ayman Ismail, Chairman and CEO, DMG, Mountain View, said Tuesday during Cityscape Egypt Conference first session. Cityscape Egypt 2016 inaugurated today at Royal Maxim Palace Kempinski under the rubric of ' The Future of Development: Urbanisation, Regeneration and Partnership'. Egypt’s strategy vision 2030 aims to put the country among the top-30 economies in the world, however it is currently ranking 42 all over the world, Ismail noted. He added that all the regulations governing the real estate investment in Egypt should be amended to attract numerous investors and boost the market’s growth rates, stressing that the Egyptian real estate market is considered to be one of the largest markets all over the world. More»
Amwal Al Ghad English - 2016-04-05 13:19:32
The main reason behind the rise in lands prices is government's continuous monoplisation of issuing new plots, Chairman of the Egyptian Businessmen's Association Hussein Sabbour stated Tuesday. He made these remarks during the first panel discussion of Cityscape Egypt conference titled "The future of urban development in Egypt". Cityscape Egypt 2016 kicked off on Tuesday April 5 at Royal Maxim Palace Kempinski under the rubric of ' The Future of Development: Urbanisation, Regeneration and Partnership'. Sabbour noted that the government should stop playing the contractor role and play its role of supervising processes of issuing land plots according to the urban plans that it formulated. The chairman emphasised on the importance of executing Egypt's vision 2030 notably those goals related to real estate sector and housing projects that need more lands issuance which estimated at 25 billion Egyptian pounds. Government's sustainable development strategy - Egypt's vision 2030 targets three main goals; economic development, competitiveness of markets and human capital. During the first session, key real estate investors in the Egyptian market showcased the obstacles that face the growth of the Egyptian real estate market notably the rise in lands prices, the unclear vision, and the lack of trained and qualified labour. 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. It is set to discuss the main feature of the Egyptian government’s future scheme and the updates of mega national projects and real estate regulations. More»
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»