{"id":605037,"date":"2018-12-19T04:17:38","date_gmt":"2018-12-19T04:17:38","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/19\/egypts-first-group-to-invest-egp-6-bn-in-new-real-estate-projects\/"},"modified":"2018-12-19T04:17:38","modified_gmt":"2018-12-19T04:17:38","slug":"egypts-first-group-to-invest-egp-6-bn-in-new-real-estate-projects","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/19\/egypts-first-group-to-invest-egp-6-bn-in-new-real-estate-projects\/","title":{"rendered":"Egypt\u2019s First Group to invest EGP 6 bn in new real estate projects"},"content":{"rendered":"<p>First Group for Real Estate Investment will invest up to EGP 2.25 bn in new projects in 2019, <a href=\"https:\/\/alborsaanews.com\/2018\/12\/18\/1162378\">Chairman Bashir Mostafa said<\/a>. The new projects will include development in the North Coast and Ain Sokhna. The company will finance 25% of the projects through bank loans.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>First Group for Real Estate Investment will invest up to EGP 2.25 bn in new projects in 2019, Chairman Bashir Mostafa said. The new projects will include development in the North Coast and Ain Sokhna. The company will finance 25% of the projects through bank loans.<\/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":[130,72,125,83,2402],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-605037","post","type-post","status-publish","format-standard","hentry","category-real-estate-housing","tag-construction","tag-enterpriseam","tag-investment-watch","tag-real-estate","tag-real-estate-housing","wpautop","entry"],"acf":{"mongo_id":"6bec0874-c973-4dc1-b0ce-87af7527372a","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","full_issue_title":"Egypt\u2019s First Group to invest EGP 6 bn in new real estate projects","related_issue":[605006],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/11\/.51cccf6b-141e-49e7-9459-397b9d4ce11b.mp3"},"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>Egypt\u2019s First Group to invest EGP 6 bn in new real estate projects - 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\/2018\/12\/19\/egypts-first-group-to-invest-egp-6-bn-in-new-real-estate-projects\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt\u2019s First Group to invest EGP 6 bn in new real estate projects\" \/>\n<meta property=\"og:description\" content=\"First Group for Real Estate Investment will invest up to EGP 2.25 bn in new projects in 2019, Chairman Bashir Mostafa said. The new projects will include development in the North Coast and Ain Sokhna. The company will finance 25% of the projects through bank loans.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/19\/egypts-first-group-to-invest-egp-6-bn-in-new-real-estate-projects\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-12-19T04:17:38+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\/2018\/12\/19\/egypts-first-group-to-invest-egp-6-bn-in-new-real-estate-projects\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/19\/egypts-first-group-to-invest-egp-6-bn-in-new-real-estate-projects\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Egypt\u2019s First Group to invest EGP 6 bn in new real estate projects\",\"datePublished\":\"2018-12-19T04:17:38+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/19\/egypts-first-group-to-invest-egp-6-bn-in-new-real-estate-projects\/\"},\"wordCount\":56,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"construction\",\"EnterpriseAM\",\"investment watch\",\"real estate\",\"Real Estate + Housing\"],\"articleSection\":[\"Real Estate + Housing\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/19\/egypts-first-group-to-invest-egp-6-bn-in-new-real-estate-projects\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/19\/egypts-first-group-to-invest-egp-6-bn-in-new-real-estate-projects\/\",\"name\":\"Egypt\u2019s First Group to invest EGP 6 bn in new real estate projects - 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He did not give details on the company\u2019s projects or a timeframe.","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":598663,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/30\/tabarak-holding-to-invest-egp-1-bn-in-two-projects-in-new-sphinx\/","url_meta":{"origin":605037,"position":1},"title":"Tabarak Holding to invest EGP 1 bn in two projects in New Sphinx","author":"enterpriseam admin","date":"30 May 2019","format":false,"excerpt":"Tabarak Holding is planning to invest EGP 1 bn this year in two projects in New Sphinx with a total area of 859 feddans, the local press reported. 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The investments will go into real estate development and tourism projects in Al Alamein, Ain Sokhna and 6 October City,\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":595095,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/16\/secon-to-invest-egp-5-bn-in-egypts-real-estate-over-coming-3-years\/","url_meta":{"origin":605037,"position":3},"title":"SECON to invest EGP 5 bn in Egypt\u2019s real estate over coming 3 years","author":"enterpriseam admin","date":"16 September 2019","format":false,"excerpt":"The Saudi Egyptian Company for Development (SECON), formerly known as the Saudi Egyptian Construction Company, aims to expand its investment in Egypt\u2019s real estate market to EGP 9 bn within three years, up from EGP 4 bn currently, CEO Mohamed El-Taher told Al Shorouk. The company, which aims to become\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":601173,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/20\/beta-egypt-to-invest-egp-1-5-bn-in-2019-into-new-projects\/","url_meta":{"origin":605037,"position":4},"title":"Beta Egypt to invest EGP 1.5 bn in 2019 into new projects","author":"enterpriseam admin","date":"20 February 2019","format":false,"excerpt":"Real estate developer Beta Egypt for Urban Development has announced it will invest EGP 1.5 bn this year into two projects in 6 October City and El Mostakbal City, according to Mubasher. 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