Opinion| Egypt’s New Administrative Capital and support for real estate developers
There are developers that are racing against time, and others that do not have a presence in reality. Many are lost, without a clue on how to do anything.
Badway Shalaby
18 Articles
Latest by Badway Shalaby
Edge Holding to begin EGX debut procedures in 2022: Chairperson
OIA New Capital is 80% completed, with delivery beginning in 2021
DSOA explores investment opportunities in Egypt’s smart cities, mainly NAC
Dubai Digital Park was established with $408m investments
Ammar launches ‘Beit Ward’ residential project in West Cairo
Second phase will be launched for sale in the second half of 2019
1.8m cases of encroachment on agricultural lands: MP
45% of real estate units in Egypt are not registered, says Watany
Dow Chemical reiterates support to Egypt’s infrastructure development goals
Company accounts for 50% of polyurethane production systems in Egypt, says country manager
Do web directories still work for marketing in 2018?
Internet user penetration in Egypt reached 48% in 2017 according to Statista. The internet has become a very important platform, especially as 81% of internet users in Egypt say that they cannot live without it, according to eMarketing Egypt’s eighth annual report “visions for e-marketing in Egypt”. Nowadays, it is hard to find internet marketers …
SODIC targets sales of EGP 5.6bn in 2017
Company obtained credit facilities of EGP 2.2bn, 55% of which was utilised
Samcrete launches EGP 600m project by the end of 2017
We are planning to develop a residential project in eastern Cairo with investments of EGP 2.5bn, El-Kheshen says
Diyar Al Assema launches 2nd phase of “Manzelak” in 10th of Ramadan City with investments of EGP 130m
Diyar Al Assema for housing and project management is preparing to develop the second phase of the “Manzelak” project in the 10th of Ramadan City, with investments worth EGP 130m in March. Abdel Khalek Karim, executive director of MTI for engineering consultations and project management, which is supervising the project, said that “Manzelak” is established …
Egypt is a great place for future investments: AccorHotels regional vice president
Hotel occupancy rate is more than 80% despite all of the issues Egypt has been facing
Informal economy wastes billions of pounds: EBA secretary general
Activation of partnerships between private and public sector became necessary
For Free completes 70% of Virgin Island development project in Hurghada with EGP 80m in investments
The company has marketed 55% of the units in the project; we target completion of the project in 2017, says managing director
New Avenue makes EGP 1.71bn deals for real estate investment in recent months
These transactions reflect the return of demand for real estate services, especially administrative buildings, says New Avenue chairperson
Burj Global develops New Cairo residential project, invests $70m
The project is situated on an area of 35 acres, says chairperson
Ministry of Housing presents social housing bids to cabinet
The list of potential construction companies includes 50 public and private companies, in accord with the ministerial cabinet’s direct order
Ceramica La Beaute to open porcelain factory in Suez in March
We suffer from lack of energy and manpower, says Nasr
Low steel production and factories losses due to lack of hard currency: Ezz steel
Ezz Steel sells 8.4m tonnes of steel annually, including 1.8m tonnes of which are imported
Arab Contractors Company to issue 20% of shares in 2017
Company’s project expenditures will decrease to $2.5bn in 2016 compared to $5bn in 2015