{"id":568906,"date":"2020-02-06T04:23:52","date_gmt":"2020-02-06T04:23:52","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/06\/al-burouj-egypt-to-invest-egp-1-5-bn-in-new-capital-mall\/"},"modified":"2020-02-06T04:23:52","modified_gmt":"2020-02-06T04:23:52","slug":"al-burouj-egypt-to-invest-egp-1-5-bn-in-new-capital-mall","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/06\/al-burouj-egypt-to-invest-egp-1-5-bn-in-new-capital-mall\/","title":{"rendered":"Al Burouj Egypt to invest EGP 1.5 bn in new capital mall"},"content":{"rendered":"<p>Al Burouj Egypt will invest EGP 1.5 bn in the Sixty Business Park mall project in the new administrative capital, <a href=\"https:\/\/alborsaanews.com\/2020\/02\/04\/1292505\">according to the local press<\/a>. The company is also investing EGP 400 mn in OIA, a compound in the new capital that Al Burouj is developing with Saudi partners El-Mashareq KSA through their joint mutual fund <a href=\"https:\/\/edgeholding.co\/\">Edge Holding<\/a>.<\/p>\n<p>\u00a0<\/p>\n<p>CORRECTED ON 6 February 2020<\/p>\n<p>Al Burouj Egypt was the company that was referenced in the article, and not Al Borouj Capital Group, as we had previously noted.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Al Burouj Egypt will invest EGP 1.5 bn in the Sixty Business Park mall project in the new administrative capital, according to the local press. The company is also investing EGP 400 mn in OIA, a compound in the new capital that Al Burouj is developing with Saudi partners El-Mashareq KSA through their joint mutual [&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":[9304],"tags":[72,8276,875,2402],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-568906","post","type-post","status-publish","format-standard","hentry","category-real-estate-housing","tag-enterpriseam","tag-housing","tag-new-administrative-capital","tag-real-estate-housing","wpautop","entry"],"acf":{"mongo_id":"2e9be667-308a-4df3-a815-bf77c63c62ac","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[568880],"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>Al Burouj Egypt to invest EGP 1.5 bn in new capital mall - 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\/2020\/02\/06\/al-burouj-egypt-to-invest-egp-1-5-bn-in-new-capital-mall\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Al Burouj Egypt to invest EGP 1.5 bn in new capital mall\" \/>\n<meta property=\"og:description\" content=\"Al Burouj Egypt will invest EGP 1.5 bn in the Sixty Business Park mall project in the new administrative capital, according to the local press. 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The company taking part in the project is actually Al Burouj Egypt. The article has since been updated on\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":596457,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/28\/africa-crest-education-plans-to-invest-egp-800-mn-to-build-two-schools-in-egypt\/","url_meta":{"origin":568906,"position":1},"title":"Africa Crest Education plans to invest EGP 800 mn to build two schools in Egypt","author":"enterpriseam admin","date":"28 August 2019","format":false,"excerpt":"Dubai-based Africa Crest Education Holdings (ACE) is planning to invest EGP 800 mn to build two schools in Egypt, Al Mal reported. The schools include one in the new administrative capital that will open its doors to 2k students at the start of the 2020\/2021 academic year, and another in\u2026","rel":"","context":"In &quot;Health + Education&quot;","block_context":{"text":"Health + Education","link":"https:\/\/enterpriseam.com\/egypt\/category\/health-education\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":637314,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/13\/cgp-to-award-contracts-worth-egp-2-3-bn-in-2018-for-al-burouj-project\/","url_meta":{"origin":568906,"position":2},"title":"CGP to award contracts worth EGP 2-3 bn in 2018 for Al Burouj project","author":"enterpriseam admin","date":"13 November 2017","format":false,"excerpt":"Capital Group Properties (CGP) is planning to award contracts worth EGP 2-3 bn next year with to complete the first phase of its EGP 50 bn Al Burouj project, head of the company\u2019s head of development Ahmed Fathy tells Al Shorouk. The company had previously announced its plans to sign\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":638273,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/01\/cgp-planning-on-awarding-contracts-of-egp-1-5-bn-this-year\/","url_meta":{"origin":568906,"position":3},"title":"CGP planning on awarding contracts of EGP 1.5 bn this year","author":"enterpriseam admin","date":"1 October 2017","format":false,"excerpt":"Capital Group Properties is planning on signing EGP 1.5 bn worth of contracts by the end of the year, EGP 500 mn of which will go towards their Al Burouj project, the company\u2019s head of projects Amgad Hassanein tells AMAY. Al Burouj is a EGP 50 bn project set to\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":591340,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/03\/karna-real-estate-to-invest-egp-500-mn-in-new-capital-medical-mall\/","url_meta":{"origin":568906,"position":4},"title":"Karna Real Estate to invest EGP 500 mn in new capital medical mall","author":"enterpriseam admin","date":"3 December 2019","format":false,"excerpt":"Karma Real Estate plans to invest EGP 500 mn in its \u201cInizio\u201d medical mall project in the new administrative capital, Chairman Ahmed Mostafa said in a statement, according to the local press.","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":575477,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/15\/la-verde-developments-to-invest-egp-1-bn-in-new-capital-project\/","url_meta":{"origin":568906,"position":5},"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. 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