{"id":575247,"date":"2020-10-07T04:12:58","date_gmt":"2020-10-07T04:12:58","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/07\/city-edge-to-launch-specialized-arms-for-development-projects\/"},"modified":"2020-10-07T04:12:58","modified_gmt":"2020-10-07T04:12:58","slug":"city-edge-to-launch-specialized-arms-for-development-projects","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/07\/city-edge-to-launch-specialized-arms-for-development-projects\/","title":{"rendered":"City Edge to launch specialized arms for development projects"},"content":{"rendered":"<p><strong>City Edge to launch specialized arms for development projects:<\/strong> City Edge is looking to set up several subsidiaries focused on the group\u2019s separate development activities like hotel construction and management within the coming three years, City Edge chairman Ashraf Salman said during a conference, according to <a href=\"https:\/\/bit.ly\/34wTYy6\">Hapi Journal<\/a>. The New Urban Communities Authority (NUCA) and Housing and Development Bank-owned real estate developer will invest additional EGP 400 mn in 4Q2020 to reach the company\u2019s <a href=\"https:\/\/alborsaanews.com\/2020\/10\/06\/1389102\">EGP 850 mn target<\/a> by the end of the year \u2014 a figure that the company is planning to at least triple next year with EGP 3 bn earmarked for 2021.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>City Edge to launch specialized arms for development projects: City Edge is looking to set up several subsidiaries focused on the group\u2019s separate development activities like hotel construction and management within the coming three years, City Edge chairman Ashraf Salman said during a conference, according to Hapi Journal. The New Urban Communities Authority (NUCA) and [&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":[8572],"tags":[3202,72,879,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-575247","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-city-edge","tag-enterpriseam","tag-new-urban-communities-authority","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"e4aee730-e3f8-478d-9eca-9df0e7c94cf2","is_powered_by":true,"section_story_id":"09265a82-4346-4d8b-9df6-ca74beaf0fec","story_type":"1","photo_url":"","photo_position":"above","related_issue":[575233],"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>City Edge to launch specialized arms for development projects - 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\/10\/07\/city-edge-to-launch-specialized-arms-for-development-projects\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"City Edge to launch specialized arms for development projects\" \/>\n<meta property=\"og:description\" content=\"City Edge to launch specialized arms for development projects: City Edge is looking to set up several subsidiaries focused on the group\u2019s separate development activities like hotel construction and management within the coming three years, City Edge chairman Ashraf Salman said during a conference, according to Hapi Journal. The New Urban Communities Authority (NUCA) and [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/07\/city-edge-to-launch-specialized-arms-for-development-projects\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2020-10-07T04:12:58+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\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/07\/city-edge-to-launch-specialized-arms-for-development-projects\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/07\/city-edge-to-launch-specialized-arms-for-development-projects\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"City Edge to launch specialized arms for development projects\",\"datePublished\":\"2020-10-07T04:12:58+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/07\/city-edge-to-launch-specialized-arms-for-development-projects\/\"},\"wordCount\":111,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"City edge\",\"EnterpriseAM\",\"New Urban Communities Authority\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/07\/city-edge-to-launch-specialized-arms-for-development-projects\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/07\/city-edge-to-launch-specialized-arms-for-development-projects\/\",\"name\":\"City Edge to launch specialized arms for development projects - 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