{"id":626913,"date":"2018-07-15T03:59:09","date_gmt":"2018-07-15T03:59:09","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/15\/oud-spending-egp-6-2-bn-on-new-residential-projects-this-year\/"},"modified":"2018-07-15T03:59:09","modified_gmt":"2018-07-15T03:59:09","slug":"oud-spending-egp-6-2-bn-on-new-residential-projects-this-year","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/15\/oud-spending-egp-6-2-bn-on-new-residential-projects-this-year\/","title":{"rendered":"OUD spending EGP 6.2 bn on new residential projects this year"},"content":{"rendered":"<p>Oriental Weavers subsidiary Orientals for Urban Development (OUD) is spending EGP 6.2 bn this year on the development of new residential projects, according to statements by Chairman Mohamed Khamis on Thursday <a href=\"http:\/\/almalnews.com\/Story\/382387\/16\/-OUD--%D8%AA%D8%B6%D8%AE-%D8%A7%D8%B3%D8%AA%D8%AB%D9%85%D8%A7%D8%B1%D8%A7%D8%AA-6-2-%D9%85%D9%84%D9%8A%D8%A7%D8%B1-%D8%AC%D9%86%D9%8A%D9%87-%D9%81%D9%89-3-%D9%85%D8%B4%D8%B1%D9%88%D8%B9%D8%A7%D8%AA-%D8%AC%D8%AF%D9%8A%D8%AF%D8%A9\">carried by Al Mal<\/a>. These include a EGP 3.9 bn residential development at the new administrative capital.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oriental Weavers subsidiary Orientals for Urban Development (OUD) is spending EGP 6.2 bn this year on the development of new residential projects, according to statements by Chairman Mohamed Khamis on Thursday carried by Al Mal. These include a EGP 3.9 bn residential development at the new administrative capital.<\/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":[72,2402],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-626913","post","type-post","status-publish","format-standard","hentry","category-real-estate-housing","tag-enterpriseam","tag-real-estate-housing","wpautop","entry"],"acf":{"mongo_id":"d42353cf-134b-43ef-9afb-3353298b5d72","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","full_issue_title":"OUD spending EGP 6.2 bn on new residential projects this year","related_issue":[626884],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.e705e379-0416-4362-a472-9b7d826e300a.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>OUD spending EGP 6.2 bn on new residential projects this year - 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\/07\/15\/oud-spending-egp-6-2-bn-on-new-residential-projects-this-year\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"OUD spending EGP 6.2 bn on new residential projects this year\" \/>\n<meta property=\"og:description\" content=\"Oriental Weavers subsidiary Orientals for Urban Development (OUD) is spending EGP 6.2 bn this year on the development of new residential projects, according to statements by Chairman Mohamed Khamis on Thursday carried by Al Mal. These include a EGP 3.9 bn residential development at the new administrative capital.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/15\/oud-spending-egp-6-2-bn-on-new-residential-projects-this-year\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-07-15T03:59:09+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\/07\/15\/oud-spending-egp-6-2-bn-on-new-residential-projects-this-year\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/15\/oud-spending-egp-6-2-bn-on-new-residential-projects-this-year\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"OUD spending EGP 6.2 bn on new residential projects this year\",\"datePublished\":\"2018-07-15T03:59:09+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/15\/oud-spending-egp-6-2-bn-on-new-residential-projects-this-year\/\"},\"wordCount\":56,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"Real Estate + Housing\"],\"articleSection\":[\"Real Estate + Housing\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/15\/oud-spending-egp-6-2-bn-on-new-residential-projects-this-year\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/15\/oud-spending-egp-6-2-bn-on-new-residential-projects-this-year\/\",\"name\":\"OUD spending EGP 6.2 bn on new residential projects this year - 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The project, which will feature residential buildings and a shopping mall, will be built in three phases, the source added.","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":626913,"position":2},"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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Sales could begin next year. The development is one of several MBG projects in the new capital, with Boca Compound\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":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":626913,"position":4},"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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