{"id":629042,"date":"2018-05-21T04:12:05","date_gmt":"2018-05-21T04:12:05","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/21\/el-nasr-to-escalate-legal-dispute-with-emaar-misr-over-uptown-cairo-land\/"},"modified":"2018-05-21T04:12:05","modified_gmt":"2018-05-21T04:12:05","slug":"el-nasr-to-escalate-legal-dispute-with-emaar-misr-over-uptown-cairo-land","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/21\/el-nasr-to-escalate-legal-dispute-with-emaar-misr-over-uptown-cairo-land\/","title":{"rendered":"El Nasr to escalate legal dispute with Emaar Misr over Uptown Cairo land"},"content":{"rendered":"

<\/a> Emaar Misr\u2019s dispute with El Nasr over Uptown Cairo land isn\u2019t over: <\/strong>State-owned El Nasr Housing and Reconstruction reportedly plans to proceed with the arbitration suit it filed last July against Emaar Misr, which alleges that the latter owes it EGP 1 bn and 3 mn sqm of land in Mokattam. This comes despite reports over the last month that a resolution was in the offing. Sources told us last month<\/a> that Emaar had presented an EGP 100 mn settlement offer. This was followed by statements attributed by Al Masry Al Youm<\/a> to an El Nasr board member that the had company approved the settlement offer. El Nasr accuses Emaar of failing to develop land it acquired back in 2005. The Public Enterprises Ministry had acknowledged that Emaar was not to blame for the delays. Nonetheless, El Nasr apparently also wants to sue state officials, accusing them of siding with Emaar. Look for El Nasr to next sue the arbitrators if that doesn\u2019t go its way\u2026<\/p>\n","protected":false},"excerpt":{"rendered":"

Emaar Misr\u2019s dispute with El Nasr over Uptown Cairo land isn\u2019t over: State-owned El Nasr Housing and Reconstruction reportedly plans to proceed with the arbitration suit it filed last July against Emaar Misr, which alleges that the latter owes it EGP 1 bn and 3 mn sqm of land in Mokattam. This comes despite reports […]<\/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":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-629042","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"16f6e4fb-2ed5-4138-889c-a91d6f49653d","order":"0","is_powered_by":true,"section_story_id":"57521570-3e00-4b35-9071-bb51df4ac545","story_type":"1","photo_url":"","photo_position":"above","related_issue":[629027],"teaser":"","voice_url":""},"yoast_head":"\nEl Nasr to escalate legal dispute with Emaar Misr over Uptown Cairo land - 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\/05\/21\/el-nasr-to-escalate-legal-dispute-with-emaar-misr-over-uptown-cairo-land\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"El Nasr to escalate legal dispute with Emaar Misr over Uptown Cairo land\" \/>\n<meta property=\"og:description\" content=\"Emaar Misr\u2019s dispute with El Nasr over Uptown Cairo land isn\u2019t over: State-owned El Nasr Housing and Reconstruction reportedly plans to proceed with the arbitration suit it filed last July against Emaar Misr, which alleges that the latter owes it EGP 1 bn and 3 mn sqm of land in Mokattam. This comes despite reports […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/21\/el-nasr-to-escalate-legal-dispute-with-emaar-misr-over-uptown-cairo-land\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-05-21T04:12:05+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\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/21\/el-nasr-to-escalate-legal-dispute-with-emaar-misr-over-uptown-cairo-land\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/21\/el-nasr-to-escalate-legal-dispute-with-emaar-misr-over-uptown-cairo-land\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"El Nasr to escalate legal dispute with Emaar Misr over Uptown Cairo land\",\"datePublished\":\"2018-05-21T04:12:05+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/21\/el-nasr-to-escalate-legal-dispute-with-emaar-misr-over-uptown-cairo-land\/\"},\"wordCount\":178,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/21\/el-nasr-to-escalate-legal-dispute-with-emaar-misr-over-uptown-cairo-land\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/21\/el-nasr-to-escalate-legal-dispute-with-emaar-misr-over-uptown-cairo-land\/\",\"name\":\"El Nasr to escalate legal dispute with Emaar Misr over Uptown Cairo land - 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Badawy said state-owned El Nasr would have lost the international arbitration case it filed against Emaar last\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":628735,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/13\/el-nasr-housing-accepts-emaars-egp-100-mn-settlement-offer-for-uptown-cairo-dispute\/","url_meta":{"origin":629042,"position":1},"title":"El Nasr Housing accepts Emaar\u2019s EGP 100 mn settlement offer for Uptown Cairo dispute","author":"enterpriseam admin","date":"13 May 2018","format":false,"excerpt":"El Nasr Housing accepts Emaar\u2019s EGP 100 mn settlement offer for Uptown Cairo dispute: State-owned El Nasr Housing and Reconstruction\u2019s general assembly voted to accept Emaar\u2019s EGP 100 mn settlement offer for their dispute over the Uptown Cairo project, El Nasr board member Ezzat Ibrahim tells Al Masry Al Youm.\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":603032,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/04\/14\/is-emaar-misrs-egp-878-mn-donation-to-the-state-related-to-its-ongoing-dispute-with-el-nasr-housing\/","url_meta":{"origin":629042,"position":2},"title":"Is Emaar Misr\u2019s EGP 878 mn donation to the state related to its ongoing dispute with El Nasr Housing?","author":"enterpriseam admin","date":"14 April 2019","format":false,"excerpt":"Watch this space: Emaar Misr has donated EGP 878 mn to national megaprojects, a form of corporate largesse that Public Enterprise Minister Hisham Tawfik told Al Mal over the weekend is unrelated to the real estate developer\u2019s ongoing dispute with state-owned El Nasr Housing. The donation was announced on Thursday\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":594825,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/09\/emaar-misr-nears-resolution-on-el-nasr-dispute\/","url_meta":{"origin":629042,"position":3},"title":"Emaar Misr nears resolution on El Nasr dispute","author":"enterpriseam admin","date":"9 September 2019","format":false,"excerpt":"DISPUTE WATCH- Egypt and UAE\u2019s Emaar sign preliminary settlement agreement on El Nasr dispute: Property developer Emaar Misr has signed a preliminary agreement with the Egyptian government on a proposed settlement to resolve a dispute with state-owned El Nasr Housing over the Emirati company\u2019s alleged failure to develop 3 mn\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":624481,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/09\/10\/ruling-on-el-nasr-vs-emaar-dispute-coming-soon\/","url_meta":{"origin":629042,"position":4},"title":"Ruling on El Nasr vs. Emaar dispute coming soon?","author":"enterpriseam admin","date":"10 September 2018","format":false,"excerpt":"Ruling on El Nasr vs. Emaar dispute coming soon? The Cairo Regional Center for International Commercial Arbitration is expected to issue a ruling on state-owned El Nasr Housing and Reconstruction\u2019s dispute with Emaar Misr over land for the latter\u2019s Uptown Cairo project \u201csoon,\u201d sources with knowledge of the matter tell\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":600041,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/17\/emaar-vs-el-nasr-dispute-resolved-minister-says\/","url_meta":{"origin":629042,"position":5},"title":"Emaar vs. El Nasr dispute resolved, minister says","author":"enterpriseam admin","date":"17 January 2019","format":false,"excerpt":"Emaar vs. El Nasr dispute resolved, minister says: A settlement has been reached between Emaar Misr and state-owned El Nasr Housing & Reconstruction over a disputed land plot and delays in execution pertaining Emaar\u2019s Uptown Cairo project, Public Enterprise Minister Hisham Tawfik tells Masrawy. The companies are now in talks\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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/629042","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=629042"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/629042\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/629027"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=629042"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=629042"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=629042"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=629042"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=629042"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}