{"id":631572,"date":"2018-03-21T04:17:56","date_gmt":"2018-03-21T04:17:56","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/21\/two-real-estate-companies-to-invest-a-combined-egp-3-4-bn-this-year\/"},"modified":"2018-03-21T04:17:56","modified_gmt":"2018-03-21T04:17:56","slug":"two-real-estate-companies-to-invest-a-combined-egp-3-4-bn-this-year","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/21\/two-real-estate-companies-to-invest-a-combined-egp-3-4-bn-this-year\/","title":{"rendered":"Two real estate companies to invest a combined EGP 3.4 bn this year"},"content":{"rendered":"<p>Mena Group for Constructions and Trading is planning to invest EGP 3 bn in residential and touristism projects this year, Sales Manager Wael Salah El Din <a href=\"https:\/\/alborsanews.com\/2018\/03\/20\/1094571\">tells Al Borsa<\/a>. Those include an EGP 2 bn residential and commercial project in Dokki \u2014 to be completed by 2022 \u2014 as well as a tourist beach compound in the North Coast and a residential project in Alexandria. The company is also planning to purchase 50 feddans for a residential compound in the new capital. Meanwhile, Smart House Real Estate is planning to double its investments this year to EGP 400 mn, CEO Wael El Ott <a href=\"https:\/\/alborsanews.com\/2018\/03\/20\/1094572\">tells the newspaper<\/a>. The projects include the EGP 100 mn Oriana Compound in Mokattam, as well as others in the new capital and Al Galala.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mena Group for Constructions and Trading is planning to invest EGP 3 bn in residential and touristism projects this year, Sales Manager Wael Salah El Din tells Al Borsa. Those include an EGP 2 bn residential and commercial project in Dokki \u2014 to be completed by 2022 \u2014 as well as a tourist beach compound [&hellip;]<\/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-631572","post","type-post","status-publish","format-standard","hentry","category-real-estate-housing","tag-enterpriseam","tag-real-estate-housing","wpautop","entry"],"acf":{"mongo_id":"f7c965a0-c7d7-43ba-9108-285633894174","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","full_issue_title":"Two real estate companies to invest a combined EGP 3.4 bn this year","related_issue":[631537],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.caf4b1f2-84f5-48c9-aa0f-e16c586160a3.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>Two real estate companies to invest a combined EGP 3.4 bn 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\/03\/21\/two-real-estate-companies-to-invest-a-combined-egp-3-4-bn-this-year\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Two real estate companies to invest a combined EGP 3.4 bn this year\" \/>\n<meta property=\"og:description\" content=\"Mena Group for Constructions and Trading is planning to invest EGP 3 bn in residential and touristism projects this year, Sales Manager Wael Salah El Din tells Al Borsa. Those include an EGP 2 bn residential and commercial project in Dokki \u2014 to be completed by 2022 \u2014 as well as a tourist beach compound [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/21\/two-real-estate-companies-to-invest-a-combined-egp-3-4-bn-this-year\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-03-21T04:17:56+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\/03\/21\/two-real-estate-companies-to-invest-a-combined-egp-3-4-bn-this-year\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/21\/two-real-estate-companies-to-invest-a-combined-egp-3-4-bn-this-year\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Two real estate companies to invest a combined EGP 3.4 bn this year\",\"datePublished\":\"2018-03-21T04:17:56+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/21\/two-real-estate-companies-to-invest-a-combined-egp-3-4-bn-this-year\/\"},\"wordCount\":132,\"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\/03\/21\/two-real-estate-companies-to-invest-a-combined-egp-3-4-bn-this-year\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/21\/two-real-estate-companies-to-invest-a-combined-egp-3-4-bn-this-year\/\",\"name\":\"Two real estate companies to invest a combined EGP 3.4 bn this year - 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The compound will span 100 feddans and is expected to be complete within five years.","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":568906,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/06\/al-burouj-egypt-to-invest-egp-1-5-bn-in-new-capital-mall\/","url_meta":{"origin":631572,"position":1},"title":"Al Burouj Egypt to invest EGP 1.5 bn in new capital mall","author":"enterpriseam admin","date":"6 February 2020","format":false,"excerpt":"Al Burouj Egypt will invest EGP 1.5 bn in the Sixty Business Park mall project in the new administrative capital, according to the local press. The company is also investing EGP 400 mn in OIA, a compound in the new capital that Al Burouj is developing with Saudi partners El-Mashareq\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":603158,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/04\/16\/egyptian-real-estate-player-el-attal-to-reportedly-invest-usd-600-mn-in-dubai-residential-project\/","url_meta":{"origin":631572,"position":2},"title":"Egyptian real estate player El Attal to reportedly invest USD 600 mn in Dubai residential project","author":"enterpriseam admin","date":"16 April 2019","format":false,"excerpt":"Egypt-based real estate developer El Attal Holding is reportedly planning to launch a residential project in Dubai at a cost of USD 600 mn, Chairman Ahmed El Attal said, according to Hapi Journal. El Attal provided no further details, saying they will be made public soon. The company launched earlier\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":633003,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/25\/ibn-sina-to-develop-two-projects-for-egp-1-bn-in-2h2018\/","url_meta":{"origin":631572,"position":3},"title":"Ibn Sina to develop two projects for EGP 1 bn in 2H2018","author":"enterpriseam admin","date":"25 February 2018","format":false,"excerpt":"Ibn Sina for Hotels and Resorts is planning to develop two projects in 2H2018 with initial investments of EGP 1 bn, Vice Chairman Atef Ibrahim tells Al Mal. The first is an EGP 700 mn residential project in Six October City and the second is an EGP 300 mn hotel\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":591339,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/03\/mbg-development-plans-egp-10-bn-new-capital-housing-project\/","url_meta":{"origin":631572,"position":4},"title":"MBG Development plans EGP 10 bn new capital housing project","author":"enterpriseam admin","date":"3 December 2019","format":false,"excerpt":"MBG Development plans to launch a EGP 10 bn, 100-feddan housing project in the new administrative capital in partnership with Gulf investors, Chairman Mahmoud Al Adel told the local press. 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":592877,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/11\/egyptian-resorts-company-to-invest-egp-15-bn-in-new-sahl-hashish-marina\/","url_meta":{"origin":631572,"position":5},"title":"Egyptian Resorts Company to invest EGP 15 bn in new Sahl Hashish marina","author":"enterpriseam admin","date":"11 November 2019","format":false,"excerpt":"INVESTMENT WATCH- ERC to invest EGP 15 bn in new marina complex in Sahl Hasheesh: Egyptian Resorts Company (ERC) is planning a large extension to the south of Sahl Hasheesh at an estimated cost of EGP 15 bn, CEO Wael El Hatow said. 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