{"id":622367,"date":"2024-06-05T00:00:00","date_gmt":"2024-06-05T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2024\/06\/05\/al-ahlys-new-home-to-anchor-world-class-sports-city-in-sheikh-zayed\/"},"modified":"2024-06-05T00:00:00","modified_gmt":"2024-06-05T00:00:00","slug":"al-ahlys-new-home-to-anchor-world-class-sports-city-in-sheikh-zayed","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2024\/06\/05\/al-ahlys-new-home-to-anchor-world-class-sports-city-in-sheikh-zayed\/","title":{"rendered":"Al Ahly\u2019s new home to anchor world-class sports city in Sheikh Zayed"},"content":{"rendered":"

A new <\/strong>44<\/strong>-k seat home stadium for Al Ahly will anchor a world-class city in <\/strong>Sheikh Zayed<\/strong> that is being brought together by a consortium of more than a dozen companies led by Al Qalaa Al Hamra Co. and exclusively advised by our friends at Beltone Investment Banking, according to a statement<\/a>. Al Qalaa Al Hamra made the announcement at an event last night. <\/p>\n

The complex will cost north of EGP 12 bn to build out <\/strong>over the course of four years<\/strong>, we\u2019re told, and will be built across two phases. <\/p>\n

Advised by Beltone, the Qalaa Al Hamra group has a 25-year agreement that will see it <\/strong>finance, build, develop, operate, and market the new venue<\/strong>, named Al Ahly Club Sports City. In addition to the stadium, the city will include an Ahly Club museum, university, school, and a hotel as well as a hospital with a focus on sports medicine. The aim is to serve a wide range of community needs, Al Qalaa Al Hamra says.<\/p>\n

A bunch of familiar faces: <\/strong>Al Qalaa Al Hamra\u2019s board is chaired by long-time sports and commercial management expert Mohamed Kamel, and has a number of familiar faces sitting on it like former education minister Tarek Shawki and former planning minister Ashraf El Arabi. Check out the full board here (pdf)<\/a>. <\/p>\n

The players:<\/strong> The 15-company global consortium includes the UAE\u2019s Palm Sports, global hospitality brand Hilton, Alexandria Medical Services Company, engineering firm ACE Moharram-Bakhoum, Hill International, Boogertman + Partners, ECG, Distance Studio Consultants, Abnaa Sinai, and UAE-based Trojan Construction Group.<\/p>\n

The key message: It\u2019s a more than USD 250 mn vote of confidence in Egypt\u2019s sports <\/strong>industry <\/strong>and the economy\u2019s direction of travel. \u201cThis is case of global and local brands working together to set a new standard for sports, education, and hospitality in Egypt,\u201d a consortium member told us. Al Ahly Club will retain full ownership of the land on which the complex will be built.<\/p>\n","protected":false},"excerpt":{"rendered":"

The new city, feature a stadium, museum, school, university, and more, is a more than USD 250 mn vote of confidence in Egypt\u2019s sports industry<\/p>\n","protected":false},"author":1,"featured_media":622368,"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":[7272],"tags":[721,7112,72,125,162],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-622367","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investment-watch","tag-al-ahly","tag-beltone-holding","tag-enterpriseam","tag-investment-watch","tag-sports","wpautop","entry"],"acf":{"mongo_id":"d2a78451-b822-495a-b4ac-e35342c55005","order":"4","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/6\/444.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Al Ahly\u2019s new home to anchor world-class sports city in Sheikh Zayed","related_issue":[622362],"teaser":"The new city, feature a stadium, museum, school, university, and more, is a more than USD 250 mn vote of confidence in Egypt\u2019s sports industry","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/6\/.e21f9ef2-608c-4036-9c41-2df5bc7aeda8.mp3"},"yoast_head":"\nAl Ahly\u2019s new home to anchor world-class sports city in Sheikh Zayed - 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PLUS: EGP 5 bn aluminum factory, trade talks with Russia, startups news galore","author":"enterpriseam admin","date":"9 June 2024","format":false,"excerpt":"The EGP 12 bn sports city complex in Sheikh Zayed will house Al Ahly\u2019s new 44-k seat home stadium","rel":"","context":"In "Also on our Radar"","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/6\/702.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":660661,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/02\/16\/emaar-to-invest-egp-100-bn-setting-up-new-mivida\/","url_meta":{"origin":622367,"position":2},"title":"Emaar to invest EGP 100 bn setting up New Mivida","author":"enterpriseam admin","date":"16 February 2025","format":false,"excerpt":"PLUS- Concrete Plus to develop commercial project in 6th of October","rel":"","context":"In "Also on our Radar"","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/2\/1464.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":623505,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/06\/05\/this-evening-fertilizer-companies-cease-production-due-to-disrupted-gas-supply\/","url_meta":{"origin":622367,"position":3},"title":"THIS EVENING: Fertilizer companies cease production due to disrupted gas supply","author":"enterpriseam admin","date":"5 June 2024","format":false,"excerpt":"Good afternoon, folks, and happy almost-Thursday. We are excited for the weekend coming around the corner for a chance to escape the heat.THE BIG STORY TODAY Fertilizer companies halt production amid gas supply disruptions: Pressure fluctuations in the natural gas pipeline network have forced several companies in the fertilizer and\u2026","rel":"","context":"In "WHAT WE\u2019RE TRACKING TONIGHT"","block_context":{"text":"WHAT WE\u2019RE TRACKING TONIGHT","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-tonight\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/1\/2102.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":602270,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/24\/sodic-signs-purchase-agreement-for-500-acre-plot-in-egypts-sheikh-zayed\/","url_meta":{"origin":622367,"position":4},"title":"SODIC signs purchase agreement for 500-acre plot in Egypt\u2019s Sheikh Zayed","author":"enterpriseam admin","date":"24 March 2019","format":false,"excerpt":"SODIC lands 500-acre plot in Egypt\u2019s Sheikh Zayed: SODIC signed on Thursday a EGP 15.3 bn purchase agreement with the New Urban Communities Authority (NUCA) for a 500-acre plot in Sheikh Zayed, the real estate developer said in a statement (pdf). SODIC is paying NUCA EGP 2,470 per sqm in\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":675171,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/11\/09\/al-ahly-vs-zamalek-in-the-super-cup-the-citizens-and-the-reds-clash\/","url_meta":{"origin":622367,"position":5},"title":"Al Ahly vs. Zamalek in the Super Cup + The Citizens and the Reds clash","author":"enterpriseam admin","date":"9 November 2025","format":false,"excerpt":"\u26bd The two Egyptian giants, Al Ahly and Zamalek, are set to face off today at the Mohamed Bin Zayed Stadium in Abu Dhabi for the Egyptian Super Cup final. The whistle, blown by Turkish referee Halil Umut Meler, will kick off the match at 5:30pm.Al Ahly and Zamalek reached\u2026","rel":"","context":"In "Sports"","block_context":{"text":"Sports","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/_newspack_sports\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/2\/2049.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/622367","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=622367"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/622367\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/622362"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/622368"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=622367"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=622367"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=622367"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=622367"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=622367"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}