{"id":594242,"date":"2019-10-23T04:10:38","date_gmt":"2019-10-23T04:10:38","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/23\/egypts-madinet-nasr-awards-egp-5-bn-work-to-contractors\/"},"modified":"2019-10-23T04:10:38","modified_gmt":"2019-10-23T04:10:38","slug":"egypts-madinet-nasr-awards-egp-5-bn-work-to-contractors","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/23\/egypts-madinet-nasr-awards-egp-5-bn-work-to-contractors\/","title":{"rendered":"Egypt\u2019s Madinet Nasr awards EGP 5 bn work to contractors"},"content":{"rendered":"

Real estate developer Madinet Nasr for Housing (MNHD) has awarded EGP 5 bn of work to contractors, including Redcon Construction<\/a> and Gama Construction<\/a>, in its Taj City and Saraya projects in New Cairo, Managing Director Ahmed El Hitamy said during a conference<\/a>. The company had previously contracted Hill International<\/a> before for consultancy work.<\/p>\n","protected":false},"excerpt":{"rendered":"

Real estate developer Madinet Nasr for Housing (MNHD) has awarded EGP 5 bn of work to contractors, including Redcon Construction and Gama Construction, in its Taj City and Saraya projects in New Cairo, Managing Director Ahmed El Hitamy said during a conference. The company had previously contracted Hill International before for consultancy work.<\/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":[72,353,2402,1777],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-594242","post","type-post","status-publish","format-standard","hentry","category-real-estate-housing","tag-enterpriseam","tag-madinet-masr-for-housing-and-development","tag-real-estate-housing","tag-redcon-construction","wpautop","entry"],"acf":{"mongo_id":"34d6dff8-5d1d-4369-9010-651810988201","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[594217],"teaser":"","voice_url":""},"yoast_head":"\nEgypt\u2019s Madinet Nasr awards EGP 5 bn work to contractors - 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\/10\/23\/egypts-madinet-nasr-awards-egp-5-bn-work-to-contractors\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt\u2019s Madinet Nasr awards EGP 5 bn work to contractors\" \/>\n<meta property=\"og:description\" content=\"Real estate developer Madinet Nasr for Housing (MNHD) has awarded EGP 5 bn of work to contractors, including Redcon Construction and Gama Construction, in its Taj City and Saraya projects in New Cairo, Managing Director Ahmed El Hitamy said during a conference. The company had previously contracted Hill International before for consultancy work.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/10\/23\/egypts-madinet-nasr-awards-egp-5-bn-work-to-contractors\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-10-23T04:10:38+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\/2019\/10\/23\/egypts-madinet-nasr-awards-egp-5-bn-work-to-contractors\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/10\/23\/egypts-madinet-nasr-awards-egp-5-bn-work-to-contractors\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Egypt\u2019s Madinet Nasr awards EGP 5 bn work to contractors\",\"datePublished\":\"2019-10-23T04:10:38+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/10\/23\/egypts-madinet-nasr-awards-egp-5-bn-work-to-contractors\/\"},\"wordCount\":62,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"Madinet Masr for Housing and Development\",\"Real Estate + Housing\",\"Redcon Construction\"],\"articleSection\":[\"Real Estate + Housing\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/10\/23\/egypts-madinet-nasr-awards-egp-5-bn-work-to-contractors\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/10\/23\/egypts-madinet-nasr-awards-egp-5-bn-work-to-contractors\/\",\"name\":\"Egypt\u2019s Madinet Nasr awards EGP 5 bn work to contractors - 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Revenues climbed 22% to EGP 1.76 bn from EGP 1.44 bn last\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\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":584523,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/04\/02\/madinet-masr-plans-to-spend-more-this-year\/","url_meta":{"origin":594242,"position":1},"title":"Madinet Masr plans to spend more this year","author":"enterpriseam admin","date":"2 April 2023","format":false,"excerpt":"Company to deploy EGP 3 bn in mainly construction capex this year","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\/2023\/4\/9.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":556472,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/10\/27\/madinet-nasr-to-acquire-real-estate-firm-minka-gets-new-ceo-as-part-of-the-transaction\/","url_meta":{"origin":594242,"position":2},"title":"Madinet Nasr to acquire real estate firm Minka, gets new CEO as part of the transaction","author":"enterpriseam admin","date":"27 October 2021","format":false,"excerpt":"Madinet Nasr Housing and Development (MNHD) is looking to acquire real estate firm Minka Development for EGP 200-220 mn, the company\u2019s head of investor relations, Salah Katamish, told us yesterday following a regulatory filing (pdf) from the company on Sunday. 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The loan will be used to partially finance MNHD\u2019s Saray 1 and Saray 2 real estate projects\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":591951,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/22\/aaib-looks-for-partners-in-egp-2-1-bn-syndicated-loan-for-mnhd\/","url_meta":{"origin":594242,"position":4},"title":"AAIB looks for partners in EGP 2.1 bn syndicated loan for MNHD","author":"enterpriseam admin","date":"22 December 2019","format":false,"excerpt":"The Arab African International Bank (AAIB) has approached several local banks to contribute to a EGP 2.1 bn loan it is arranging for Madinet Nasr for Housing and Development, according to Al Shorouk. 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