{"id":591719,"date":"2019-12-15T04:28:17","date_gmt":"2019-12-15T04:28:17","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/15\/emaar-misr-to-launch-cairo-gate-compound-in-2q2020\/"},"modified":"2019-12-15T04:28:17","modified_gmt":"2019-12-15T04:28:17","slug":"emaar-misr-to-launch-cairo-gate-compound-in-2q2020","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/15\/emaar-misr-to-launch-cairo-gate-compound-in-2q2020\/","title":{"rendered":"Emaar Misr to launch Cairo Gate compound in 2Q2020"},"content":{"rendered":"<p>Emaar Misr\u2019s planned new development <a href=\"https:\/\/www.newcapitalcompound.com\/cairo-gate-emaar-misr\/\">Cairo Gate<\/a> is due to launch in the second quarter of 2020, a source from the company <a href=\"https:\/\/alborsaanews.com\/2019\/12\/12\/1274235\">told the press<\/a>. The compound was recently the center of a dispute between Emaar and the New Urban Communities Authority (NUCA) which accused the Emirati real estate firm of underpaying for the land. Emaar <a href=\"https:\/\/enterprise.press\/stories\/2019\/11\/28\/emaar-signs-settlement-agreement-with-nuca-to-move-ahead-with-west-cairo-project-7245\/\">last month reached a settlement<\/a>, agreeing to purchase the land for the EGP 11.5 bn development at residential prices and buying back a plot previously handed to NUCA for infrastructure works.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Emaar Misr\u2019s planned new development Cairo Gate is due to launch in the second quarter of 2020, a source from the company told the press. The compound was recently the center of a dispute between Emaar and the New Urban Communities Authority (NUCA) which accused the Emirati real estate firm of underpaying for the land. [&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":[7097,1527,72,83,2402],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-591719","post","type-post","status-publish","format-standard","hentry","category-real-estate-housing","tag-development","tag-emaar-misr","tag-enterpriseam","tag-real-estate","tag-real-estate-housing","wpautop","entry"],"acf":{"mongo_id":"7f728d24-993d-43e5-8603-4e0042f2da0a","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[591691],"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>Emaar Misr to launch Cairo Gate compound in 2Q2020 - 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\/2019\/12\/15\/emaar-misr-to-launch-cairo-gate-compound-in-2q2020\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Emaar Misr to launch Cairo Gate compound in 2Q2020\" \/>\n<meta property=\"og:description\" content=\"Emaar Misr\u2019s planned new development Cairo Gate is due to launch in the second quarter of 2020, a source from the company told the press. The compound was recently the center of a dispute between Emaar and the New Urban Communities Authority (NUCA) which accused the Emirati real estate firm of underpaying for the land. 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Emaar had received the authority\u2019sapproval for the project in late 2019, following\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":593437,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/27\/emaar-misr-purchases-new-land-in-sheikh-zayed-extension\/","url_meta":{"origin":591719,"position":3},"title":"Emaar Misr purchases new land in Sheikh Zayed extension","author":"enterpriseam admin","date":"27 November 2019","format":false,"excerpt":"Emaar Misr has purchased a 500-feddan land plot in Sheikh Zayed extension for an undisclosed amount, head of the Sheikh Zayed City Development Authority Mostafa Fahmy said, according to Mubasher. A separate report from the news outlet indicates the property developer also purchased 68.5 feddans in the same area. While\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":627163,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/24\/emaar-misr-withdraws-from-developing-410-feddans-in-sheikh-zayed-over-high-prices\/","url_meta":{"origin":591719,"position":4},"title":"Emaar Misr withdraws from developing 410 feddans in Sheikh Zayed over high prices","author":"enterpriseam admin","date":"24 July 2018","format":false,"excerpt":"Emaar Misr has decided to withdraw from developing two areas in Sheikh Zayed and the Sheikh Zayed extension over high land prices, an unnamed company official tells Al Shorouk. Emaar had submitted a bid to develop a 410-feddan land plot in Sheikh Zayed at a cost of EGP 4,750 per\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":591398,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/04\/shalakany-represents-gm-egypt-in-capital-increase-dispute-emaar-misr-in-nuca-settlement\/","url_meta":{"origin":591719,"position":5},"title":"Shalakany represents GM Egypt in capital increase dispute, Emaar Misr in NUCA settlement","author":"enterpriseam admin","date":"4 December 2019","format":false,"excerpt":"Shalakany Law Firm successfully defended General Motors Egypt in a dispute filed at the Cairo Economic Court regarding the company\u2019s recent capital increases, the firm said in a statement (pdf). The case claimed that two capital increases worth USD 90.3 mn were invalid. 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