{"id":603473,"date":"2019-04-23T03:59:36","date_gmt":"2019-04-23T03:59:36","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/04\/23\/heliopolis-housing-says-presidential-decree-ends-dispute-on-shorouk-plot\/"},"modified":"2019-04-23T03:59:36","modified_gmt":"2019-04-23T03:59:36","slug":"heliopolis-housing-says-presidential-decree-ends-dispute-on-shorouk-plot","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/04\/23\/heliopolis-housing-says-presidential-decree-ends-dispute-on-shorouk-plot\/","title":{"rendered":"Heliopolis Housing says presidential decree ends dispute on Shorouk plot"},"content":{"rendered":"<p>Real estate developer Heliopolis Housing said that a dispute over the payment it owes for its 22.71 sq-km plot in Shorouk has been resolved by a presidential decree ruling that the company should only pay the value of 0.71 sq-km to the New Urban Communities Authority, <a href=\"http:\/\/www.egx.com.eg\/downloads\/News\/%D9%85%D8%B5%D8%B1%20%D8%A7%D9%84%D8%AC%D8%AF%D9%8A%D8%AF%D8%A9%20%D8%A8%D9%8A%D8%A7%D9%86%2021-4-2019.pdf\">the company said in a bourse filing (pdf)<\/a>. The company was given the plot as compensation for another piece of land it owned, which became part of a project to develop Cairo Airport.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Real estate developer Heliopolis Housing said that a dispute over the payment it owes for its 22.71 sq-km plot in Shorouk has been resolved by a presidential decree ruling that the company should only pay the value of 0.71 sq-km to the New Urban Communities Authority, the company said in a bourse filing (pdf). The [&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":[957,72,157,879,83,2402],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-603473","post","type-post","status-publish","format-standard","hentry","category-real-estate-housing","tag-dispute-watch","tag-enterpriseam","tag-heliopolis-housing-and-development","tag-new-urban-communities-authority","tag-real-estate","tag-real-estate-housing","wpautop","entry"],"acf":{"mongo_id":"b43bc6b3-0c4c-4fea-9e7f-fc7b70d65f3d","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[603445],"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>Heliopolis Housing says presidential decree ends dispute on Shorouk plot - 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\/04\/23\/heliopolis-housing-says-presidential-decree-ends-dispute-on-shorouk-plot\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Heliopolis Housing says presidential decree ends dispute on Shorouk plot\" \/>\n<meta property=\"og:description\" content=\"Real estate developer Heliopolis Housing said that a dispute over the payment it owes for its 22.71 sq-km plot in Shorouk has been resolved by a presidential decree ruling that the company should only pay the value of 0.71 sq-km to the New Urban Communities Authority, the company said in a bourse filing (pdf). The [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/04\/23\/heliopolis-housing-says-presidential-decree-ends-dispute-on-shorouk-plot\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-04-23T03:59:36+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\/04\/23\/heliopolis-housing-says-presidential-decree-ends-dispute-on-shorouk-plot\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/04\/23\/heliopolis-housing-says-presidential-decree-ends-dispute-on-shorouk-plot\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Heliopolis Housing says presidential decree ends dispute on Shorouk plot\",\"datePublished\":\"2019-04-23T03:59:36+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/04\/23\/heliopolis-housing-says-presidential-decree-ends-dispute-on-shorouk-plot\/\"},\"wordCount\":87,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"dispute watch\",\"EnterpriseAM\",\"Heliopolis Housing and Development\",\"New Urban Communities Authority\",\"real estate\",\"Real Estate + Housing\"],\"articleSection\":[\"Real Estate + Housing\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/04\/23\/heliopolis-housing-says-presidential-decree-ends-dispute-on-shorouk-plot\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/04\/23\/heliopolis-housing-says-presidential-decree-ends-dispute-on-shorouk-plot\/\",\"name\":\"Heliopolis Housing says presidential decree ends dispute on Shorouk plot - 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Net profit for the first 11 months registered EGP 374 mn from revenues of EGP 730 mn as at 31 May. The\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":603379,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/04\/21\/heliopolis-housing-to-begin-auctioning-land-in-sheraton-next-month\/","url_meta":{"origin":603473,"position":2},"title":"Heliopolis Housing to begin auctioning land in Sheraton next month","author":"enterpriseam admin","date":"21 April 2019","format":false,"excerpt":"Heliopolis Company for Housing and Development will begin auctioning 44 of its land plots in Sheraton, Heliopolis on 2 May, Managing Director for Financial Affairs Sahar El Damati told reporters, according to the local press. El Damat did not offer further details on the expected profits from the auction. The\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":646239,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/08\/heliopolis-housing-to-offer-193-feddans-for-co-development\/","url_meta":{"origin":603473,"position":3},"title":"Heliopolis Housing to offer 193 feddans for co-development","author":"enterpriseam admin","date":"8 June 2017","format":false,"excerpt":"Heliopolis Company for Housing & Development is considering offering 193 feddans to be co-developed with a partner to build a services complex, according to an EGX filing. The land plot is on Cairo-Suez Desert Road and the development aims to serve the New Heliopolis project. It is set to include\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":601623,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/05\/sawiris-owned-real-estate-company-to-develop-58-9-feddan-sheikh-zayed-plot\/","url_meta":{"origin":603473,"position":4},"title":"Sawiris-owned real estate company to develop 58.9-feddan Sheikh Zayed plot","author":"enterpriseam admin","date":"5 March 2019","format":false,"excerpt":"A real estate development company owned by Naguib Sawiris has been awarded a contract to develop 58.9 feddans in Sheikh Zayed in partnership with the New Urban Communities Authority (NUCA), government sources said without revealing the value of the contract. NUCA awarded Sawiris the contracts after El Mashreq for Tourism\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":602336,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/25\/emaar-misr-negotiating-over-sheikh-zayed-plot-status\/","url_meta":{"origin":603473,"position":5},"title":"Emaar Misr negotiating over Sheikh Zayed plot status","author":"enterpriseam admin","date":"25 March 2019","format":false,"excerpt":"Real estate developer Emaar Misr is still negotiating with authorities over paying fees levied after it changed the purpose of a land plot in Sheikh Zayed to housing, the company said in a bourse filing. 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