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        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        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        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        Union National Bank - Egypt "    3.25        Ceramic & Porcelain   2.88        Rowad Tourism (Al Rowad)   5.05        El Nasr Transformers (El Maco)   4.78        Egyptian Media Production City   2.31        GB AUTO   27        Egyptian Transport (EGYTRANS)   7.85        Sharkia National Food   3.78        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 - 2015-01-28 17:01:59
Egypt's leading construction firm, Arab Contractors Company (AC) will start a new national road project in Togo, at investment cost of US$25 million. The Egyptian firm will carry out Road no. 5 on the segment of Kelegouvi- Patatoukou of Lot 2, which stretches for 25 kilometers, in the capital of Lome. From his part, Arab Contractors’ chairman Mohsen Salah said the Togolese President Faure Gnassingbé has laid the foundation stone of the road project. He also said the Togolese president expressed his joyfulness over the Egyptian Arab Contractors’ participation in Togo’s development plans. President Gnassingbé will be visiting Egypt next March to attend the Economic Summit in Sharm El-Sheikh, Salah noted. More»
Ahmed Fayez - 2015-01-28 12:35:22
Egyptian government plans to allocate half of real estate tax returns in favour of plans to upgrade slums and governorates. Egyptian Prime Minister Ibrahim Mahlab witnessed on Tuesday the signing of a protocol on cooperation between Ministries of Finance, Local Development, and Cultural Development on Tuesday. The protocol aims to regulate using 50 % of real estate taxation returns to develop slums and governorates. According to Egyptian Finance Minister Hany Demian, the protocol aims to reach a clear mechanism to allocate part of real estate taxation returns in favour of each governorate in Egypt as well as of the Ministry of Cultural Development. According to the protocol, 25% of real estate taxation is designated for developing slums; whereas the other 25 % would be for developing various governorates. More»
Marwa Hemdan - 2015-01-26 13:12:40
Egypt's leading construction firm, Arab Contractors Company (AC) is planning to deliver its first project in Morocco within the second half of 2015. The project is with investment cost of US$25 million According to Ashraf Rateb – AC’s head of African sector, Arab Contractors will hand over the first phase of establishing the industrial soil suitable for Morocco’s high speed train. Morocco’s high-speed train project will link between Tangiers and Casablanca spanning 39 kilometers. More»
Amwal Al Ghad English - 2015-01-26 09:57:02
Egypt’s housing ministry is in ongoing talks with the Arab Fund for Economic and Social Development (AFESD) over US$10 million loan as the first phase, minister Mostafa Madbouly announced. According to the Egyptian minister, AFESD’s loan is set to finance Egypt’s national plan to provide sanitation services to the underprivileged villages. This comes in line with Egypt’s other ongoing negotiations with the World Bank Group over a US$1 billion loan dedicated to the same sanitation project, minister Madbouly noted. Moreover, the Egyptian minister told reporters that these negotiations come within the framework of the participation of several international and Arab financial institutions in supporting social projects in Egypt. Such initial approval given by those institutions to support Egypt reflects their trust in the national economy, he added. The minister also assured that these loans side by side to the budget being set by the state would help in solving the sanitation crisis haunted by the residents of Egyptian underprivileged villages. They will also contribute to combating water pollution in tunnels like Rashid's Nile branch and Al-Salam Canal. From his part, Sayed Ismail - Technical Advisor of the Egyptian Housing Minister - noted that the negotiations with the AFESD aim to support the underprivileged villages and create a healthy clean environment, which represents the simplest basic requirements of the Egyptian people. There will be cooperation with the concerned authorities i.e. the Holding Company for Water and Wastewater, Construction Authority for Potable Water and Wastewater (CAPW), and the National Authority for Potable Water and Sewage to support those villages, Ismail added. More»
Marwa Hemdan - 2015-01-25 14:36:40
Egypt’s leading construction firm, Arab Contractors (AC) will start within the first quarter of current year the implementation of the first integrated housing city in Rwanda. With investment cost of US$100 million, the Egyptian company plans to complete and handover the project within three years. From his part, Mohsen Salah – Arab Contractors’ Chairman – said his company had signed the contracts with the Rwandan government, aiming to carry out this major project in the maximum of three years. The project encompasses the establishment of 500 residential buildings in alongside a number of services centres, Salah noted. The Egyptian company will undertake the key utilities works for the city. More»
Maha Essam - 2015-01-25 10:52:43
New Giza for Development and Construction intends to pump EGP 1 billion investments (US$ 135 million) into its project in 6th October City within this year. NEWGIZA 6th October City is a comprehensive project perched high above Cairo, with impressive vistas of the Pyramids of Giza and the city beyond, spreads across 1,500 acres (6.3 million square meters)of land with investment volume of EGP 25 billion (US$ 3.4 billion). It would be implemented within 10 years. Envisioned as the ultimate lifestyle destination, residents are afforded security and convenience as well as comfort and luxury, with ten self-contained neighborhoods (surrounded by 87% open greenery and landscape) providing both a sense of serenity and community. In 2015, New Giza is set to complete and hand over more housing units of the first phase of its project. New Giza's Executive Director of Development Omar Bahgat stated on Sunday that the Egyptian real estate market had witnessed remarkable advance at the end of 2014, pointing out that this year would witness a great progress backed by the growing demand factor. Moreover, Bahgat affirmed that real estate market is able to get its previous growth rates back to contribute to the Egyptian economic revival. More»
Marwa Hemdan - 2015-01-24 12:00:48
Cairo governorate studies the establishment of an investment zone in Maspero triangle in cooperation with a group of foreign investors, an official source said on Saturday. The under-study investment zone will be with investment cost of EGP 1 billion (US$ 135 million), the source added. The source noted that such a plan would be implemented after reaching an agreement with the residents of Maspero triangle whether through giving them financial compensations or providing alternative housing units in other areas in cooperation with Egyptian Ministries of Cultural Development and Housing. Furthermore, the source said Cairo governorate’s current plans are to focus on the launch of a number of investment centres alongside offices for international firms in Maspero triangle area. The source clarified that Maspero triangle includes vital properties, including state-owned facilities, the premises of the Italian Consulate and Egyptian Ministry of Foreign Affairs, as well as Maspero television building, in addition to lands owned by group of gulf investors. More»
Marwa Hemdan - 2015-01-24 09:04:18
The Egyptian Mortgage Financial Fund (MFF) is about to disburse the World Bank-funded third tranche worth US$100 million next March, chairman May Abdel Hamid said on Thursday. This World Bank's loan, totalling US$300 million, is designated to fund the MFF’s low-income clients in order to enable them to have the opportunity to benefit from Egypt’s One Million Units national Project. Abdel Hamid further stated that the third tranche is to finance the applicants for the third and fourth announcements issued by the Egyptian Ministry of Housing which include 20.000 housing units distributed throughout new cities in 18 governorates nationwide. Within 2015, MFF aims to double its funding sources and expand into the number of targeted clients, the chairman elaborated. Moreover, the Egyptian official referred to ongoing negotiations between MFF and the World Bank over US$500 million loan for clients benefiting from housing projects supported by the state. She further pointed out that MFF had disbursed the first and second tranche of WB loan estimated at US$200 million. Egypt is supposed to pay back the US$ 300 million loan provided by World Bank in 27 years. MFF needs funds estimated at EGP1.5 billion (US$ 202 million) per year to support clients to have units in the country’s Social Housing Project, she added. More»
Amwal Al Ghad English - 2015-01-22 09:20:30
The Military Works Division of the Egyptian Armed Forces' Engineering Authority finished around 85% of the development works of Helwan slums project. The project aims to upgrade the efficiency of sewage and water networks, lightning, and paving before the deadline within 4 months. The project is pursuant to an agreement signed on February 6th, 2014 among the Military Works Division of the Armed Forces' Engineering Authority, Cairo Governorate, the Ministry of State for Local Development, and the Federation of Egyptian Banks (FEB). The agreement is designated to develop a number of major informal areas in Helwan and east Nasr City districts. It is within the framework of the FEB’s keenness and interest to activate and sustain the slum development system. In this respect, FEB has allocated EGP 150 million amid the participation of the banks in Egypt for upgrading the infrastructure of the informal areas mentioned in the agreement. More»
Maha Essam - 2015-01-21 12:12:29
New Giza, D.I.C. for Development and Construction achieved EGP 2 billion sales (US$274 million) in the first phase of its 6th October city housing project at end of 2014, an official told Amwal Al Ghad on Wednesday. According to Omar Bahgat- Executive Director of Development, New Giza realised those sales in the light of delivering 300 units from the first phase of New Giza Housing Project in 6th of October, marking 30 %. NEWGIZA 6th October City is a comprehensive project perched high above Cairo, with impressive vistas of the Pyramids of Giza and the city beyond, spreads across 1,500 acres (6.3 million square meters) of land with investment volume of EGP 25 billion (US$ 3.4 billion). Envisioned as the ultimate lifestyle destination, residents are afforded security and convenience as well as comfort and luxury, with ten self-contained neighborhoods (surrounded by 87% open greenery and landscape) providing both a sense of serenity and community. About NEWGIZA UNIVERSITY (NGU), it would offer a highly rigorous and sophisticated medical education featuring state of the art Health care Sciences and Biomedical Research facilities, and offer innovative academic degrees in the fields of Business, Engineering, Law International Affairs, Humanities and Arts. It will also develop innovative and interdisciplinary degree programs in close collaboration with highly ranked worldwide universities. Phase one includes the establishment of the following six schools; Medicine, Public Health, Nursing, Engineering, Business and Arts & Science. Additional schools in the Humanities, Social Sciences and Liberal Arts will be incorporated at a later stage.The campus itself would feature a sprawling park at its heart, surrounded by student housing, retail, cafes and restaurants. NEWGIZA is a pioneering integrated residential and commercial community featuring state-of-the art educational, sporting, medical, business, and entertainment facilities. Moreover, Bahgat stated the company aims to hand over large number of housing units at the end of 2015. More»