{"id":549284,"date":"2022-09-11T04:00:37","date_gmt":"2022-09-11T04:00:37","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/09\/11\/karmell-take-two-everything-is-set-for-the-national-dialogue-to-begin\/"},"modified":"2022-09-11T04:00:37","modified_gmt":"2022-09-11T04:00:37","slug":"karmell-take-two-everything-is-set-for-the-national-dialogue-to-begin","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/09\/11\/karmell-take-two-everything-is-set-for-the-national-dialogue-to-begin\/","title":{"rendered":"Karmell, take two + everything is set for the National Dialogue to begin"},"content":{"rendered":"<p><strong>SODIC has relaunched its Sheikh Zayed residential project <\/strong><strong><a href=\"https:\/\/www.sodic.com\/SodicProject\/Karmell\">Karmell<\/a><\/strong>, which was <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/a0579dbf-4aa3-467f-9573-236768e18475\">put<\/a><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/a0579dbf-4aa3-467f-9573-236768e18475\">on h<\/a><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/a0579dbf-4aa3-467f-9573-236768e18475\">old<\/a> last year after the Housing Ministry decided to rezone the New Zayed area, the developer said in a disclosure to the <a href=\"https:\/\/ent.news\/2022\/9\/SODIC-relaunches-Karmell.pdf\">bourse<\/a><a href=\"https:\/\/ent.news\/2022\/9\/SODIC-relaunches-Karmell.pdf\">(pdf)<\/a> on Thursday.<\/p>\n<p><strong>Things are finally in place for the National Dialogue to begin<\/strong> after the board of trustees selected the remaining rapporteurs for the three main political, economic and social committees and the 19 subcommittees in a meeting yesterday, it said in a <a href=\"https:\/\/bit.ly\/3BsZN1l\">statement<\/a>. It didn\u2019t announce a date for the start of the dialogue.<\/p>\n<p><strong>Al Ahly<\/strong> named Swiss manager <strong>Marcel Koller<\/strong> as its new coach, taking over from Portugal\u2019s Ricardo Soares, who was sacked last month after failing to improve performances following the <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/086cedb9-e70b-4013-b04d-31f90838e63a\">departure of Pitso Mosimane<\/a>. (<a href=\"https:\/\/twitter.com\/AlAhlyEnglish\/status\/1568610686325989377\">Twitter<\/a>)<\/p>\n<p><strong>Other things we\u2019re keeping an eye on this morning:<\/strong><\/p>\n<ul>\n<li>Representatives of renewable energy developers <strong>Scatec <\/strong>and <strong>Fortescue Future <\/strong><strong>Industries<\/strong> (FFI) held talks with <strong>President Abdel Fattah El Sisi<\/strong> over the weekend. Scatec is working with Orascom Construction and Fertiglobe on <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/3b3e6cad-637c-4ca8-afe6-94472fcc12d4\">Egypt\u2019s first green hydrogen plant<\/a> and FFI is <a href=\"https:\/\/ffi.com.au\/news\/fortescue-future-industries-studies-green-hydrogen-opportunities-in-the-arab-republic-of-egypt\/\">conducting feasibility studies<\/a> for a 9.2 GW green hydrogen facility. (<a href=\"https:\/\/bit.ly\/3RyuOGL\">Statement<\/a> | <a href=\"https:\/\/ffi.com.au\/news\/egyptian-president-meets-with-ffi-about-green-hydrogen-opportunities-ahead-of-cop26\/\">S<\/a><a href=\"https:\/\/ffi.com.au\/news\/egyptian-president-meets-with-ffi-about-green-hydrogen-opportunities-ahead-of-cop26\/\">tate<\/a><a href=\"https:\/\/ffi.com.au\/news\/egyptian-president-meets-with-ffi-about-green-hydrogen-opportunities-ahead-of-cop26\/\">ment<\/a>)<\/li>\n<li><strong>Pesticide imports<\/strong> will be exempt from the requirement to use <strong>letters of credit<\/strong> after the Agriculture Ministry approved categorizing pesticides as production inputs rather than final products, exempting them from the central bank\u2019s import restrictions. (<a href=\"https:\/\/bit.ly\/3xdyWUz\">Al Mal<\/a>)<\/li>\n<li>FMCG player<strong> Dabur Egypt<\/strong> will double its production capacity with<strong> a new factory <\/strong><strong>in Tenth of Ramadan City<\/strong>. The first phase is set to start operations in March 2023. (<a href=\"https:\/\/www.zawya.com\/en\/projects\/industry\/dabur-egypt-plans-to-open-first-phase-of-new-50-000-sqm-factory-in-q1-2023-gd9umnlz\">Zawya<\/a>)<\/li>\n<li><strong>The US Department of Defense<\/strong> plans to pay USD 83 mn to <strong>Egypt<\/strong> to reimburse it for border security operations along the Libyan border. (<a href=\"https:\/\/www.asharqbusiness.com\/article\/41532?s=09\">Bloomberg Asharq<\/a>)<\/li>\n<li>Authorities released 33 pre-trial detainees on Friday in the latest in a string of releases ahead of the <strong>National Dialogue<\/strong>. (<a href=\"https:\/\/www.facebook.com\/khouly1985\/posts\/pfbid02FQFUXKbeR2HTHK1diQpZQEDNvkpxJBFyEVaZdhqGFGFKKKFiSGWeqVd287tqjoiUl\">Statement<\/a>)<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>SODIC has relaunched its Sheikh Zayed residential project Karmell, which was puton hold last year after the Housing Ministry decided to rezone the New Zayed area, the developer said in a disclosure to the bourse(pdf) on Thursday. Things are finally in place for the National Dialogue to begin after the board of trustees selected the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7209],"tags":[111,9215,93,72,9214,254,125,1415,83,151,573,312],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-549284","post","type-post","status-publish","format-standard","hentry","category-also-on-our-radar","tag-also-on-our-radar","tag-dabur-egypt","tag-energy","tag-enterpriseam","tag-ffi","tag-green-hydrogen","tag-investment-watch","tag-l-cs","tag-real-estate","tag-renewables","tag-scatec","tag-sodic","wpautop","entry"],"acf":{"mongo_id":"c49a1f98-886d-415a-8e3c-78a1227861fc","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[549264],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Karmell, take two + everything is set for the National Dialogue to begin - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2022\/09\/11\/karmell-take-two-everything-is-set-for-the-national-dialogue-to-begin\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Karmell, take two + everything is set for the National Dialogue to begin\" \/>\n<meta property=\"og:description\" content=\"SODIC has relaunched its Sheikh Zayed residential project Karmell, which was puton hold last year after the Housing Ministry decided to rezone the New Zayed area, the developer said in a disclosure to the bourse(pdf) on Thursday. 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The 240-acre New Zayed compound is inspired by the California town Carmel-by-the-Sea, with the first phase including fully finished two-story modern homes with two designs.\u2026","rel":"","context":"In &quot;Real estate&quot;","block_context":{"text":"Real estate","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/real-estate\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":557044,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/09\/05\/sodic-acquires-new-zayed-plot-for-egp-1-24-bn\/","url_meta":{"origin":549284,"position":1},"title":"SODIC acquires new Zayed plot for EGP 1.24 bn","author":"enterpriseam admin","date":"5 September 2021","format":false,"excerpt":"Upmarket real estate developer SODIC will purchase a 123-acre plot in Sheikh Zayed City for EGP 1.24 bn, the company said in a statement (pdf) Thursday, after the Sheikh Zayed City Development Authority accepted an offer of EGP 2,385 per sqm, payable over six years. The new plot, which is\u2026","rel":"","context":"In &quot;Real estate&quot;","block_context":{"text":"Real estate","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/real-estate\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/9\/51.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":631021,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/07\/sodic-wins-tender-for-500-feddans-in-sheikh-zayed\/","url_meta":{"origin":549284,"position":2},"title":"SODIC wins tender for 500 feddans in Sheikh Zayed","author":"enterpriseam admin","date":"7 March 2018","format":false,"excerpt":"SODIC was awarded a tender for a 500-feddan land plot in Sheikh Zayed, the company said in a bourse statement carried by Al Mal. The plot is one of four the company had bid for in the Sheikh Zayed and Six October City areas. The New Urban Communities Authority is\u2026","rel":"","context":"In &quot;Real Estate + Housing&quot;","block_context":{"text":"Real Estate + Housing","link":"https:\/\/enterpriseam.com\/egypt\/category\/real-estate-housing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":602270,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/24\/sodic-signs-purchase-agreement-for-500-acre-plot-in-egypts-sheikh-zayed\/","url_meta":{"origin":549284,"position":3},"title":"SODIC signs purchase agreement for 500-acre plot in Egypt\u2019s Sheikh Zayed","author":"enterpriseam admin","date":"24 March 2019","format":false,"excerpt":"SODIC lands 500-acre plot in Egypt\u2019s Sheikh Zayed: SODIC signed on Thursday a EGP 15.3 bn purchase agreement with the New Urban Communities Authority (NUCA) for a 500-acre plot in Sheikh Zayed, the real estate developer said in a statement (pdf). SODIC is paying NUCA EGP 2,470 per sqm in\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":559533,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/01\/25\/sodics-residential-sales-rose-19-y-o-y-in-2020\/","url_meta":{"origin":549284,"position":4},"title":"Sodic\u2019s residential sales rose 19% y-o-y in 2020","author":"enterpriseam admin","date":"25 January 2021","format":false,"excerpt":"Sodic shrugged off the covid-19 lockdown to post record gross sales in 2020, the company\u2019s operational results (pdf) revealed yesterday. The company sold more than 1.3k units last year, pushing gross contracted sales to a record EGP 7.4 bn, up 2% y-o-y. The strong figures were driven by residential sales,\u2026","rel":"","context":"In &quot;EARNINGS WATCH&quot;","block_context":{"text":"EARNINGS WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/companies\/earnings-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":609752,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/11\/09\/aur-microfinance-arm-raises-egp-225-mn-from-securitization-plus-news-from-cabinet-and-sodic\/","url_meta":{"origin":549284,"position":5},"title":"Aur microfinance arm raises EGP 225 mn from securitization. PLUS: News from cabinet and SODIC","author":"enterpriseam admin","date":"9 November 2023","format":false,"excerpt":"The issuance came in two tranches, both rates P1","rel":"","context":"In &quot;Also on our Radar&quot;","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/11\/471.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/549284","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=549284"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/549284\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/549264"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=549284"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=549284"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=549284"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=549284"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=549284"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}