{"id":595432,"date":"2019-09-25T04:33:08","date_gmt":"2019-09-25T04:33:08","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/25\/orascom-construction-to-build-egp-636-mn-hdb-hq-in-new-capital\/"},"modified":"2019-09-25T04:33:08","modified_gmt":"2019-09-25T04:33:08","slug":"orascom-construction-to-build-egp-636-mn-hdb-hq-in-new-capital","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/25\/orascom-construction-to-build-egp-636-mn-hdb-hq-in-new-capital\/","title":{"rendered":"Orascom Construction to build EGP 636 mn HDB HQ in new capital"},"content":{"rendered":"

Orascom Construction signed an agreement with the Housing & Development Bank (HDB) on Sunday to construct the bank\u2019s headquarters in the new administrative capital, the local press reports<\/a>. The building is estimated to cost EGP 636 mn, and will be financed by the bank\u2019s equity, which exceeds EGP 5 bn. The new building is due to be completed within 18 months.<\/p>\n","protected":false},"excerpt":{"rendered":"

Orascom Construction signed an agreement with the Housing & Development Bank (HDB) on Sunday to construct the bank\u2019s headquarters in the new administrative capital, the local press reports. The building is estimated to cost EGP 636 mn, and will be financed by the bank\u2019s equity, which exceeds EGP 5 bn. The new building is due […]<\/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":[9298],"tags":[204,2372,130,72,829,875,363],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-595432","post","type-post","status-publish","format-standard","hentry","category-banking-finance","tag-banking","tag-banking-finance","tag-construction","tag-enterpriseam","tag-housing-and-development-bank","tag-new-administrative-capital","tag-orascom-construction","wpautop","entry"],"acf":{"mongo_id":"d5fb7c35-b3cf-49de-911c-3c4d25d5c53c","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[595406],"teaser":"","voice_url":""},"yoast_head":"\nOrascom Construction to build EGP 636 mn HDB HQ in new capital - 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\/09\/25\/orascom-construction-to-build-egp-636-mn-hdb-hq-in-new-capital\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Orascom Construction to build EGP 636 mn HDB HQ in new capital\" \/>\n<meta property=\"og:description\" content=\"Orascom Construction signed an agreement with the Housing & Development Bank (HDB) on Sunday to construct the bank\u2019s headquarters in the new administrative capital, the local press reports. The building is estimated to cost EGP 636 mn, and will be financed by the bank\u2019s equity, which exceeds EGP 5 bn. The new building is due […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/25\/orascom-construction-to-build-egp-636-mn-hdb-hq-in-new-capital\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-09-25T04:33:08+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\/09\/25\/orascom-construction-to-build-egp-636-mn-hdb-hq-in-new-capital\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/25\/orascom-construction-to-build-egp-636-mn-hdb-hq-in-new-capital\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Orascom Construction to build EGP 636 mn HDB HQ in new capital\",\"datePublished\":\"2019-09-25T04:33:08+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/25\/orascom-construction-to-build-egp-636-mn-hdb-hq-in-new-capital\/\"},\"wordCount\":70,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"banking\",\"BANKING + FINANCE\",\"construction\",\"EnterpriseAM\",\"Housing and Development Bank\",\"new administrative capital\",\"Orascom Construction\"],\"articleSection\":[\"Banking + Finance\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/25\/orascom-construction-to-build-egp-636-mn-hdb-hq-in-new-capital\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/25\/orascom-construction-to-build-egp-636-mn-hdb-hq-in-new-capital\/\",\"name\":\"Orascom Construction to build EGP 636 mn HDB HQ in new capital - 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Revenues were down 11% y-o-y to EGP 4.3 bn.Al Ezz Dekheila Steel reported consolidated net losses of EGP 1.2 bn in 3Q2020, widening\u2026","rel":"","context":"In "EARNINGS WATCH"","block_context":{"text":"EARNINGS WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/companies\/earnings-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":544529,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/08\/housing-and-development-bank-palm-hills-report-rise-in-net-income\/","url_meta":{"origin":595432,"position":1},"title":"Housing and Development Bank, Palm Hills report rise in net income","author":"enterpriseam admin","date":"8 March 2022","format":false,"excerpt":"Housing and Development Bank\u2019s (HDB) net income rose 5% in 4Q 2021 to EGP 396 mn, according to the bank\u2019s latest earnings release (pdf). 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