{"id":597887,"date":"2019-05-07T03:31:34","date_gmt":"2019-05-07T03:31:34","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/07\/mariout-hills-announces-egp-2-4-bn-eco-city-on-egypts-north-coast\/"},"modified":"2019-05-07T03:31:34","modified_gmt":"2019-05-07T03:31:34","slug":"mariout-hills-announces-egp-2-4-bn-eco-city-on-egypts-north-coast","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/07\/mariout-hills-announces-egp-2-4-bn-eco-city-on-egypts-north-coast\/","title":{"rendered":"Mariout Hills announces EGP 2.4 bn \u201ceco-city\u201d on Egypt\u2019s north coast"},"content":{"rendered":"<p>Mariout Hills Development is launching their first \u201ceco-city\u201d on Egypt\u2019s north coast, with estimated investments of EGP 2.4 bn during the project\u2019s first phase, Chairman Ahmed Hassan announced, <a href=\"https:\/\/menafn.com\/1098481823\/Egypt-Mariout-Hills-launches-first-sustainable-city-in-North-Coast\">according to the local press<\/a>. The development, which comprises residential units as well as medical tourism, sports, and educational services, will be powered by solar energy with potable water through condensation units.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mariout Hills Development is launching their first \u201ceco-city\u201d on Egypt\u2019s north coast, with estimated investments of EGP 2.4 bn during the project\u2019s first phase, Chairman Ahmed Hassan announced, according to the local press. The development, which comprises residential units as well as medical tourism, sports, and educational services, will be powered by solar energy with [&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":[72,4015,2074,2402],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-597887","post","type-post","status-publish","format-standard","hentry","category-real-estate-housing","tag-enterpriseam","tag-mariout-hills","tag-north-coast","tag-real-estate-housing","wpautop","entry"],"acf":{"mongo_id":"46ee8413-0c2a-4ce2-b33f-bf795fefcb88","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[597859],"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>Mariout Hills announces EGP 2.4 bn \u201ceco-city\u201d on Egypt\u2019s north coast - 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\/05\/07\/mariout-hills-announces-egp-2-4-bn-eco-city-on-egypts-north-coast\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Mariout Hills announces EGP 2.4 bn \u201ceco-city\u201d on Egypt\u2019s north coast\" \/>\n<meta property=\"og:description\" content=\"Mariout Hills Development is launching their first \u201ceco-city\u201d on Egypt\u2019s north coast, with estimated investments of EGP 2.4 bn during the project\u2019s first phase, Chairman Ahmed Hassan announced, according to the local press. 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The project will be developed in two phases, with the hotel set to use solar energy and air condensation for its power and water requirements. 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The park is expected to cost USD 11 mn and will target the European market, Hassan\u2026","rel":"","context":"In &quot;Telecoms + ICT&quot;","block_context":{"text":"Telecoms + ICT","link":"https:\/\/enterpriseam.com\/egypt\/category\/telecoms-ict\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":621464,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/08\/mariout-hills-launches-egp-500-mn-eco-friendly-compound-in-new-alamein\/","url_meta":{"origin":597887,"position":2},"title":"Mariout Hills launches EGP 500 mn eco-friendly compound in New Alamein","author":"enterpriseam admin","date":"8 November 2018","format":false,"excerpt":"Real estate developer Mariout Hills has launched a EGP 500 mn environmentally-friendly residential compound in New Alamein, chairman Ahmed Hassan tells Al Mal. The project\u2019s first phase will be complete by 2021 and offer 250 reduced-cost eco-friendly. We had noted earlier this week that the company is looking to invest\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":621242,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/04\/mariout-hills-development-to-invest-egp-8-bn-in-new-alamein-developments\/","url_meta":{"origin":597887,"position":3},"title":"Mariout Hills Development to invest EGP 8 bn in New Alamein developments","author":"enterpriseam admin","date":"4 November 2018","format":false,"excerpt":"Real estate company Mariout Hills plans to invest EGP 8 bn in developing projects in a New Alamein, Chairman and founder Ahmed Hassan said, according to Al Shorouk. The company is also in talks to acquire 100 feddans in New Mansoura as part of its plan to develop projects in\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":544529,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/08\/housing-and-development-bank-palm-hills-report-rise-in-net-income\/","url_meta":{"origin":597887,"position":4},"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). The bank reported net interest income of EGP 818 mn during the quarter, down almost 1% from 4Q 2020.In 2021: HDB reported EGP 1.8 bn in\u2026","rel":"","context":"In &quot;EARNINGS WATCH&quot;","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":562467,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/05\/25\/dongfeng-plans-to-invest-usd-12-mn-in-ev-assembly-with-el-nasr\/","url_meta":{"origin":597887,"position":5},"title":"Dongfeng plans to invest USD 12 mn in EV assembly with El Nasr","author":"enterpriseam admin","date":"25 May 2021","format":false,"excerpt":"China\u2019s Dongfeng has upped its planned investments in a plan to locally assemble EVs with El Nasr Automotive to USD 12 mn from USD 10, as part of a USD 60 mn plan. 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