The agreement marks the first instance of implementing the new mechanism set by the Egyptian government for land allocation, which was announced by Minister of Housing Assem El Gazzar and under which land plots are allocated directly to investors as per their orders.
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Maximum fund for every unit EGP 2.5m, instalments over 5 years
Company invests EGP 600m in real estate sector
Soliman said in press statement on Wednesday that the project is located on an area of about 6,700 sqm in the service area in the compound.
Company launches competition to choose name, logo for NAC
British embassy are in contact with Egyptian counterparts, German embassy says German Foreign Office did not change its travel advice to Egypt
Nassar pointed out that the allocations for each sector will be reviewed every six months
El-Damarawy said that Egyptian-Uzbek businesspeople has agreed to benefit from the Egyptian pharmaceutical expertise to manufacture various drugs that Uzbekistan currently import.
Project’s investments reach EGP 2.5bn, says commercial sector head
Project is residential compound comprised of 2,000 residential units, says sales head
Elzayat explained that the company is offering a variety of projects in the exhibitions and is participating with the largest real estate portfolio that combines various residential, coastal, hotel, and industrial projects in various parts in Egypt.
Compound to be the first delivered project in Mostakbal City by 2020
Company has to complete 25% of its project within a year since obtaining ministerial approvals, says ACUD Chairperson
Company to launch 2 new branches in Saudi Arabia, UAE in H1 2020, says CEO
Taamir is negotiating with several government agencies for new activities in city, says Zaazou
The company also has three other shopping centres in the NAC, including La Capitale, Champ Elysees, and Grand Square malls.
ACUD denies negotiations with banks to obtain loan worth EGP 2bn, says Chairperson
The visit also included reviewing the experience of establishing the Capital and the huge investment opportunities in the city.
According to the report, there is a 32.2% increase in the number of housing units implemented by the government, reaching 105,100 units in FY 2017/18, compared to 100,500 units in FY 2016/17.
Company first offered the units for EGP 10,850 per sqm
Sixteen companies appliy for ministerial approval in H1 2019, says spokesperson
Egypt has achieved great success in organising the AFCON and dazzled the world by organising the opening ceremony
In this context, it should be noted that in no case may the land be withdrawn from any of the developers contracting with the ACUD on various activities without obtaining a final judicial decision.
Company now operates flights to Red Sea from Belgium, Germany and Switzerland, says General Manager Sales Egypt
Ministers urged member states to integrate activities of Regional Action Plan into their National Industrial Development Plans for implementation
Director of Business Development at RE/MAX Egypt, Sherif Mahmoud, said the company’s sales increased by 80% in the first half (H1) of 2019 to EGP 6bn, compared to EGP 3.250bn last year
Better Home Group’s General Manager Ashraf Adel said that organising the Africa Cup of Nations (AFCON) in Egypt supports the country’s tourism and investment promotion initiatives and confirms its restored political and security stability
Al Adl pointed out that the company has achieved a 70% sales volume in the Pukka project, which includes more than 1,680 housing units on an area of 40 feddan
Company invests EGP 250m during current year
Egypt needs to organise similar events, visits to encourage Arab, foreign investments, says developer