{"id":569963,"date":"2020-03-12T04:08:39","date_gmt":"2020-03-12T04:08:39","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/03\/12\/al-ahly-sabbour-signs-egp-5-bn-agreement-with-the-urban-communities-authority-to-develop-6th-of-octobers-keeva\/"},"modified":"2020-03-12T04:08:39","modified_gmt":"2020-03-12T04:08:39","slug":"al-ahly-sabbour-signs-egp-5-bn-agreement-with-the-urban-communities-authority-to-develop-6th-of-octobers-keeva","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/03\/12\/al-ahly-sabbour-signs-egp-5-bn-agreement-with-the-urban-communities-authority-to-develop-6th-of-octobers-keeva\/","title":{"rendered":"Al Ahly Sabbour signs EGP 5 bn agreement with the Urban Communities Authority to develop 6th of October\u2019s Keeva"},"content":{"rendered":"

Real estate developer Al Ahly Sabbour has signed an agreement with the New Urban Communities Authority worth an estimated EGP 5 bn to develop the Keeva compound in Sixth of October, Al Mal reports<\/a>. Company chairman, Hussein Sabbour, said that the compound will be built across 144 acres in four stages to deliver 1,138 housing units by the second half of 2023. Only 18% of the compound will be allocated for two-storey residences, and the remaining 82% for green spaces, lakes, entertainment venues and roads.<\/p>\n","protected":false},"excerpt":{"rendered":"

Real estate developer Al Ahly Sabbour has signed an agreement with the New Urban Communities Authority worth an estimated EGP 5 bn to develop the Keeva compound in Sixth of October, Al Mal reports. Company chairman, Hussein Sabbour, said that the compound will be built across 144 acres in four stages to deliver 1,138 housing […]<\/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":[4290,72,248,2402],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-569963","post","type-post","status-publish","format-standard","hentry","category-real-estate-housing","tag-al-ahly-sabbour","tag-enterpriseam","tag-national-bank-of-egypt","tag-real-estate-housing","wpautop","entry"],"acf":{"mongo_id":"d378e8b8-44c3-4195-ae65-1e6eb7dd6c81","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[569938],"teaser":"","voice_url":""},"yoast_head":"\nAl Ahly Sabbour signs EGP 5 bn agreement with the Urban Communities Authority to develop 6th of October\u2019s Keeva - 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\/03\/12\/al-ahly-sabbour-signs-egp-5-bn-agreement-with-the-urban-communities-authority-to-develop-6th-of-octobers-keeva\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Al Ahly Sabbour signs EGP 5 bn agreement with the Urban Communities Authority to develop 6th of October\u2019s Keeva\" \/>\n<meta property=\"og:description\" content=\"Real estate developer Al Ahly Sabbour has signed an agreement with the New Urban Communities Authority worth an estimated EGP 5 bn to develop the Keeva compound in Sixth of October, Al Mal reports. Company chairman, Hussein Sabbour, said that the compound will be built across 144 acres in four stages to deliver 1,138 housing […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2020\/03\/12\/al-ahly-sabbour-signs-egp-5-bn-agreement-with-the-urban-communities-authority-to-develop-6th-of-octobers-keeva\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2020-03-12T04:08:39+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/03\/12\/al-ahly-sabbour-signs-egp-5-bn-agreement-with-the-urban-communities-authority-to-develop-6th-of-octobers-keeva\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/03\/12\/al-ahly-sabbour-signs-egp-5-bn-agreement-with-the-urban-communities-authority-to-develop-6th-of-octobers-keeva\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Al Ahly Sabbour signs EGP 5 bn agreement with the Urban Communities Authority to develop 6th of October\u2019s Keeva\",\"datePublished\":\"2020-03-12T04:08:39+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/03\/12\/al-ahly-sabbour-signs-egp-5-bn-agreement-with-the-urban-communities-authority-to-develop-6th-of-octobers-keeva\/\"},\"wordCount\":98,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Al Ahly Sabbour\",\"EnterpriseAM\",\"National Bank of Egypt\",\"Real Estate + Housing\"],\"articleSection\":[\"Real Estate + Housing\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/03\/12\/al-ahly-sabbour-signs-egp-5-bn-agreement-with-the-urban-communities-authority-to-develop-6th-of-octobers-keeva\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2020\/03\/12\/al-ahly-sabbour-signs-egp-5-bn-agreement-with-the-urban-communities-authority-to-develop-6th-of-octobers-keeva\/\",\"name\":\"Al Ahly Sabbour signs EGP 5 bn agreement with the Urban Communities Authority to develop 6th of October\u2019s Keeva - 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Sabbour did not say whether the company has entered talks with banks\u2026","rel":"","context":"In "Banking + Finance"","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":576002,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/11\/05\/al-ahly-sabbour-breaks-ground-on-new-capital-mixed-use-project\/","url_meta":{"origin":569963,"position":1},"title":"Al Ahly Sabbour breaks ground on new capital mixed-use project","author":"enterpriseam admin","date":"5 November 2020","format":false,"excerpt":"Real estate developer Al Ahly Sabbour broke ground last month on a 200-300 feddan mixed-use project it\u2019s developing in the new administrative capital in partnership with an unnamed party, CEO Ahmed Sabbour told the press. The company is planning to finish the project within five years..","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":642027,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/03\/el-mostakbal-sabbour-announce-partnership-in-egp-35-bn-project\/","url_meta":{"origin":569963,"position":2},"title":"El Mostakbal, Sabbour announce partnership in EGP 35 bn project","author":"enterpriseam admin","date":"3 August 2017","format":false,"excerpt":"El Mostakbal for Urban Development and Al Ahly Sabbour announced a partnership to develop a mixed use community in Mostakbal City over 2.4 mn sqm. The project \u2014 which is expected to reel in about EGP 35 bn in revenues \u2014 will be developed over four phases, the first of\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":559367,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/01\/19\/a-handful-of-updates\/","url_meta":{"origin":569963,"position":3},"title":"A handful of updates","author":"enterpriseam admin","date":"19 January 2021","format":false,"excerpt":"There\u2019s plenty of real estate news this morning: Al Ahly Sabbour Developments and Hyde Park Developments subsidiary Founders have launched their EGP 26 bn Gardenia City project on the Suez and Ring Roads, Al Mal reports. The project spans 513 feddans and will include 19.5k homes.Hilton signed a management agreement\u2026","rel":"","context":"In "Real estate"","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\/1\/227.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":608599,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/10\/23\/beltone-al-ahly-sabbour-sign-leasing-transaction-worth-egp-1-2-bn\/","url_meta":{"origin":569963,"position":4},"title":"Beltone, Al Ahly Sabbour sign leasing transaction worth EGP 1.2 bn","author":"enterpriseam admin","date":"23 October 2023","format":false,"excerpt":"Beltone x Al Ahly Sabbour:Beltone\u2019s Financial\u2019s leasing subsidiary has signed a sale and leaseback agreement worth EGP 1.2 bn with real estate developer Al Ahly Sabbour, the company said in a statement (pdf) yesterday. 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