{"id":558474,"date":"2021-08-11T04:16:04","date_gmt":"2021-08-11T04:16:04","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/11\/sky-ad-plans-to-invest-over-egp-4-bn-in-2-projects-in-egypt-by-years-end\/"},"modified":"2021-08-11T04:16:04","modified_gmt":"2021-08-11T04:16:04","slug":"sky-ad-plans-to-invest-over-egp-4-bn-in-2-projects-in-egypt-by-years-end","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/11\/sky-ad-plans-to-invest-over-egp-4-bn-in-2-projects-in-egypt-by-years-end\/","title":{"rendered":"SKY AD plans to invest over EGP 4 bn in 2 projects in Egypt by year\u2019s end"},"content":{"rendered":"

<\/a> UAE-based Diamond Group\u2019s subsidiary <\/strong>Sky AD Developments<\/a><\/strong> w<\/strong>ill invest<\/strong> over EGP 4 bn in two projects in Egypt by the end of the year<\/strong> \u2014 one in the North Coast and one in New Cairo \u2014 Sky\u2019s chief executive Abdulrahman Agami told Reuters<\/a>. The Emirati real estate company \u2014 which has pledged EGP 15 bn<\/a> in investments in Egypt\u2019s real estate sector through 2023 \u2014 is in the final stage of negotiations on the two new projects, Agami said.<\/p>\n

Sky is already constructing an EGP 4 bn project<\/strong> in the new capital:<\/strong> Residence Eight includes a mix of residential, commercial and administrative space with deliveries scheduled to begin in 2024, according to Agami. Sky has already sold houses worth more than EGP 1 bn in the under-construction project, and plans to put its commercial and office chunk up for sale next month.<\/p>\n","protected":false},"excerpt":{"rendered":"

UAE-based Diamond Group\u2019s subsidiary Sky AD Developments will invest over EGP 4 bn in two projects in Egypt by the end of the year \u2014 one in the North Coast and one in New Cairo \u2014 Sky\u2019s chief executive Abdulrahman Agami told Reuters. The Emirati real estate company \u2014 which has pledged EGP 15 bn […]<\/p>\n","protected":false},"author":1,"featured_media":558475,"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":[7272],"tags":[72,125,875,2074,83],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-558474","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investment-watch","tag-enterpriseam","tag-investment-watch","tag-new-administrative-capital","tag-north-coast","tag-real-estate","wpautop","entry"],"acf":{"mongo_id":"8c4975c4-0d9d-425e-85a8-ac167498faec","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2021\/8\/147.jpg","photo_position":"above","related_issue":[558465],"teaser":"","voice_url":""},"yoast_head":"\nSKY AD plans to invest over EGP 4 bn in 2 projects in Egypt by year\u2019s end - 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\/2021\/08\/11\/sky-ad-plans-to-invest-over-egp-4-bn-in-2-projects-in-egypt-by-years-end\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SKY AD plans to invest over EGP 4 bn in 2 projects in Egypt by year\u2019s end\" \/>\n<meta property=\"og:description\" content=\"UAE-based Diamond Group\u2019s subsidiary Sky AD Developments will invest over EGP 4 bn in two projects in Egypt by the end of the year \u2014 one in the North Coast and one in New Cairo \u2014 Sky\u2019s chief executive Abdulrahman Agami told Reuters. 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The platform offers e-commerce services to restaurants, allowing\u2026","rel":"","context":"In "Investment Watch"","block_context":{"text":"Investment Watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/investment-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":575477,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/15\/la-verde-developments-to-invest-egp-1-bn-in-new-capital-project\/","url_meta":{"origin":558474,"position":2},"title":"La Verde Developments to invest EGP 1 bn in new capital project","author":"enterpriseam admin","date":"15 October 2020","format":false,"excerpt":"La Verde Developments will invest EGP 1 bn over the next year to fund the construction of its real estate projects in the new administrative capital and pay off some of the installments on the land allocated for the project, Chairman Ibrahim Lashin told the local press. The company has\u2026","rel":"","context":"In "Real Estate + Housing"","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":598663,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/30\/tabarak-holding-to-invest-egp-1-bn-in-two-projects-in-new-sphinx\/","url_meta":{"origin":558474,"position":3},"title":"Tabarak Holding to invest EGP 1 bn in two projects in New Sphinx","author":"enterpriseam admin","date":"30 May 2019","format":false,"excerpt":"Tabarak Holding is planning to invest EGP 1 bn this year in two projects in New Sphinx with a total area of 859 feddans, the local press reported. The two projects are planned to be mixed-use and residential.","rel":"","context":"In "Real Estate + Housing"","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":575478,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/15\/misr-italia-to-invest-egp-400-mn-in-4q2020\/","url_meta":{"origin":558474,"position":4},"title":"Misr Italia to invest EGP 400 mn in 4Q2020","author":"enterpriseam admin","date":"15 October 2020","format":false,"excerpt":"Misr Italia Properties will invest EGP 400 mn by the end of this year across its real estate development projects in the new administrative capital, Mostakbal City and Ain Sokhna, bringing its total investment this year to EGP 1.1 bn, co-CEO Hany El Assal told Al Mal.","rel":"","context":"In "Real Estate + Housing"","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":594827,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/09\/sodic-to-invest-egp-34-bn-in-four-new-zayed-projects-in-next-decade\/","url_meta":{"origin":558474,"position":5},"title":"Sodic to invest EGP 34 bn in four New Zayed projects in next decade","author":"enterpriseam admin","date":"9 September 2019","format":false,"excerpt":"INVESTMENT WATCH- Sodic will invest EGP 34 bn in four new projects in New Zayed over the coming decade, it said in a statement yesterday (pdf). The first of these projects is \u2018The Estates,\u2019 planned to launch this month following approval by the New Urban Communities Authority in August. The\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2019\/9\/827.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\/558474","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=558474"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/558474\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/558465"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/558475"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=558474"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=558474"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=558474"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=558474"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=558474"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}