{"id":634300,"date":"2018-01-11T04:01:00","date_gmt":"2018-01-11T04:01:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/11\/emaar-signs-egp-2-bn-marassi-marina-contracts-with-oci-acc\/"},"modified":"2018-01-11T04:01:00","modified_gmt":"2018-01-11T04:01:00","slug":"emaar-signs-egp-2-bn-marassi-marina-contracts-with-oci-acc","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/11\/emaar-signs-egp-2-bn-marassi-marina-contracts-with-oci-acc\/","title":{"rendered":"Emaar signs EGP 2 bn Marassi Marina contracts with OCI, ACC"},"content":{"rendered":"

Emaar signs EGP 2 bn Marassi Marina contracts with OCI, ACC:<\/strong> Emaar Misr signed construction contracts with Arabian Construction Company (ACC) and Orascom Construction Industries (OCI) valued at EGP 2 bn for the first phase of its Marassi Marina project on the North Coast, according to a regulatory filing (pdf)<\/a>. Emaar signed a EGP 800 mn contract with OCI for the construction of the marina basin, which will berth 300 boats. Emaar\u2019s contract with ACC, worth EGP 1.2 bn, includes the construction of 826 fully finished apartments and 4,500 sqm of entertainment and commercial space. Both contracts are scheduled for delivery in 2020. The Marina project will also include a collection of award winning hotels from Emaar Hospitality Group, said Emaar Properties Chairman Mohamed Alabbar. \u201cOur unwavering confidence in the promising Egyptian market and the investor friendly policies of the government drive us to develop unique world class projects in Egypt that compete internationally,\u201d he added.<\/p>\n","protected":false},"excerpt":{"rendered":"

Emaar signs EGP 2 bn Marassi Marina contracts with OCI, ACC: Emaar Misr signed construction contracts with Arabian Construction Company (ACC) and Orascom Construction Industries (OCI) valued at EGP 2 bn for the first phase of its Marassi Marina project on the North Coast, according to a regulatory filing (pdf). Emaar signed a EGP 800 […]<\/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-634300","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"3111abee-877d-451a-99ac-b2a635ebb9b7","order":"0","is_powered_by":true,"section_story_id":"97626070-f5cd-412b-a5b9-3c057c08aab8","story_type":"1","photo_url":"","photo_position":"above","related_issue":[634286],"teaser":"","voice_url":""},"yoast_head":"\nEmaar signs EGP 2 bn Marassi Marina contracts with OCI, ACC - 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\/01\/11\/emaar-signs-egp-2-bn-marassi-marina-contracts-with-oci-acc\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Emaar signs EGP 2 bn Marassi Marina contracts with OCI, ACC\" \/>\n<meta property=\"og:description\" content=\"Emaar signs EGP 2 bn Marassi Marina contracts with OCI, ACC: Emaar Misr signed construction contracts with Arabian Construction Company (ACC) and Orascom Construction Industries (OCI) valued at EGP 2 bn for the first phase of its Marassi Marina project on the North Coast, according to a regulatory filing (pdf). 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We apologize for the mixup. The entry has been corrected on our website. H\/t Mounir\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":627043,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/18\/emaar-wants-to-double-egypt-investments-to-egp-100-bn-over-the-next-five-years-alabbar\/","url_meta":{"origin":634300,"position":1},"title":"Emaar wants to double Egypt investments to EGP 100 bn over the next five years -Alabbar","author":"enterpriseam admin","date":"18 July 2018","format":false,"excerpt":"INVESTMENT WATCH- Emaar wants to double Egypt investments to EGP 100 bn over the next five years: UAE-based real estate developer Emaar is looking to double its investments in Egypt to EGP 100 bn over the next five years, Founder and Chairman Mohamed Alabbar tells Al Mal in an interview.\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":671440,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/09\/08\/emaar-misr-citystars-to-develop-a-egp-900-bn-marassi-on-the-red-sea\/","url_meta":{"origin":634300,"position":2},"title":"Emaar Misr, Citystars to develop a EGP 900 bn Marassi on the Red Sea","author":"enterpriseam admin","date":"8 September 2025","format":false,"excerpt":"The four-year, 2.4k-feddan development near Hurghada will mirror Marassi North Coast","rel":"","context":"In "Real estate"","block_context":{"text":"Real estate","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/real-estate\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/9\/378.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":573561,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/08\/10\/earnings-watch-emaar-misr-turns-a-profit-in-2q2020\/","url_meta":{"origin":634300,"position":3},"title":"Earnings watch: Emaar Misr turns a profit in 2Q2020","author":"enterpriseam admin","date":"10 August 2020","format":false,"excerpt":"EARNINGS WATCH- Emaar Misr recorded a net profit of EGP 366 mn 2Q2020, up from a net loss of EGP 324 mn in the same period last year, according to the company\u2019s quarterly financial statements (pdf). 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