{"id":629825,"date":"2018-04-02T04:59:02","date_gmt":"2018-04-02T04:59:02","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/emaar-appears-to-have-hit-a-snag-in-talks-to-buy-1500-feddans-in-the-new-capital\/"},"modified":"2018-04-02T04:59:02","modified_gmt":"2018-04-02T04:59:02","slug":"emaar-appears-to-have-hit-a-snag-in-talks-to-buy-1500-feddans-in-the-new-capital","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/emaar-appears-to-have-hit-a-snag-in-talks-to-buy-1500-feddans-in-the-new-capital\/","title":{"rendered":"Emaar appears to have hit a snag in talks to buy 1,500 feddans in the new capital"},"content":{"rendered":"

Emaar Misr appears to have hit an impasse in talks to buy 1,500 feddans in the new capital with the New Administrative Capital Company for Urban Development, according to Al Shorouk<\/a>. The state-owned company is not budging on selling the land to Emaar Misr for less than EGP 4,000 per sqm. Emaar Misr has offered EGP 3,500 per sqm.<\/p>\n","protected":false},"excerpt":{"rendered":"

Emaar Misr appears to have hit an impasse in talks to buy 1,500 feddans in the new capital with the New Administrative Capital Company for Urban Development, according to Al Shorouk. The state-owned company is not budging on selling the land to Emaar Misr for less than EGP 4,000 per sqm. Emaar Misr has offered […]<\/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-629825","post","type-post","status-publish","format-standard","hentry","category-real-estate-housing","tag-enterpriseam","tag-real-estate-housing","wpautop","entry"],"acf":{"mongo_id":"9c8885b0-3e2a-4cbe-9ea8-53a10b174be6","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","full_issue_title":"Emaar appears to have hit a snag in talks to buy 1,500 feddans in the new capital","related_issue":[629800],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.3962552e-4c84-4805-ba02-d34e4a2ac8a7.mp3"},"yoast_head":"\nEmaar appears to have hit a snag in talks to buy 1,500 feddans in the new capital - 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\/04\/02\/emaar-appears-to-have-hit-a-snag-in-talks-to-buy-1500-feddans-in-the-new-capital\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Emaar appears to have hit a snag in talks to buy 1,500 feddans in the new capital\" \/>\n<meta property=\"og:description\" content=\"Emaar Misr appears to have hit an impasse in talks to buy 1,500 feddans in the new capital with the New Administrative Capital Company for Urban Development, according to Al Shorouk. 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Emaar had submitted a bid to develop a 410-feddan land plot in Sheikh Zayed at a cost of EGP 4,750 per\u2026","rel":"","context":"In "Real Estate + Housing"","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":599527,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/02\/emaar-backs-off-from-1500-feddan-residential-project-in-egypts-new-capital\/","url_meta":{"origin":629825,"position":1},"title":"Emaar backs off from 1,500 feddan residential project in Egypt\u2019s new capital","author":"enterpriseam admin","date":"2 January 2019","format":false,"excerpt":"Have talks broken down between Emaar and the new capital authority? Bloomberg reported on Monday that talks between Emaar and the New Administrative Capital Company (NACC) to develop a 1,500 feddan mixed-use project in the city have broken down. The business information service quoted NACC Chairman Ahmed Zaki Abdeen as\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":593437,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/27\/emaar-misr-purchases-new-land-in-sheikh-zayed-extension\/","url_meta":{"origin":629825,"position":2},"title":"Emaar Misr purchases new land in Sheikh Zayed extension","author":"enterpriseam admin","date":"27 November 2019","format":false,"excerpt":"Emaar Misr has purchased a 500-feddan land plot in Sheikh Zayed extension for an undisclosed amount, head of the Sheikh Zayed City Development Authority Mostafa Fahmy said, according to Mubasher. A separate report from the news outlet indicates the property developer also purchased 68.5 feddans in the same area. While\u2026","rel":"","context":"In "Real Estate + Housing"","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":593468,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/28\/emaar-signs-settlement-agreement-with-nuca-to-move-ahead-with-west-cairo-project\/","url_meta":{"origin":629825,"position":3},"title":"Emaar signs settlement agreement with NUCA to move ahead with West Cairo project","author":"enterpriseam admin","date":"28 November 2019","format":false,"excerpt":"DISPUTE WATCH- Emaar signs settlement agreement with NUCA to move ahead with West Cairo project: Emaar Misr has signed a final agreement with the New Urban Communities Authority to settle a dispute with the authority and purchase land surrounding its planned Cairo Gate compound in Sheikh Zayed, according to a\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\/2019\/3\/768.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":596825,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/09\/emaar-to-pay-el-nasr-egp-100-mn-to-settle-dispute\/","url_meta":{"origin":629825,"position":4},"title":"Emaar to pay El Nasr EGP 100 mn to settle dispute","author":"enterpriseam admin","date":"9 July 2019","format":false,"excerpt":"DISPUTE WATCH- Emaar to pay El Nasr EGP 100 mn to settle dispute: Property developer Emaar Misr has agreed to pay state-owned El Nasr Housing EGP 100 mn to settle their dispute, Public Enterprises Minister Hisham Tawfik told Al Mal. Emaar said earlier this week that the two companies will\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":593624,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/03\/legal-proceedings-between-emaar-and-el-nasr-suspended-for-another-4-weeks\/","url_meta":{"origin":629825,"position":5},"title":"Legal proceedings between Emaar and El Nasr suspended for another 4 weeks","author":"enterpriseam admin","date":"3 October 2019","format":false,"excerpt":"DISPUTE WATCH- Emaar-El Nasr legal proceedings suspended for another four weeks: A freeze on legal proceedings between property developer Emaar Misr and state-owned El Nasr Housing has been suspended for another four weeks \u201cwith the purpose of reaching a settlement,\u201d Emaar said in an EGX disclosure (pdf). 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