{"id":635919,"date":"2017-12-17T04:03:19","date_gmt":"2017-12-17T04:03:19","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/17\/oud-launches-egp-1-6-bn-real-estate-development-in-sharm-el-sheikh\/"},"modified":"2017-12-17T04:03:19","modified_gmt":"2017-12-17T04:03:19","slug":"oud-launches-egp-1-6-bn-real-estate-development-in-sharm-el-sheikh","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/17\/oud-launches-egp-1-6-bn-real-estate-development-in-sharm-el-sheikh\/","title":{"rendered":"OUD launches EGP 1.6 bn real estate development in Sharm El Sheikh"},"content":{"rendered":"<p>The Orientals Company Urban Development (OUD) launched a new EGP 1.6 bn residential and touristic project in Nabq Bay Sharm El Sheikh, founder Mohamed Khamis said in <a href=\"http:\/\/www.shorouknews.com\/news\/view.aspx?cdate=16122017&id=8f9af8c3-7a42-49f8-af5e-0fc776d9b794\">statements carried by Al Shorouk<\/a>. The project by the Oriental Weavers Subsidiary includes 1,850 homes, 3 hotels, recreational and commercial spaces and it is built around artificial lagoons.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Orientals Company Urban Development (OUD) launched a new EGP 1.6 bn residential and touristic project in Nabq Bay Sharm El Sheikh, founder Mohamed Khamis said in statements carried by Al Shorouk. The project by the Oriental Weavers Subsidiary includes 1,850 homes, 3 hotels, recreational and commercial spaces and it is built around artificial lagoons.<\/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-635919","post","type-post","status-publish","format-standard","hentry","category-real-estate-housing","tag-enterpriseam","tag-real-estate-housing","wpautop","entry"],"acf":{"mongo_id":"109b239b-9e19-4ca8-8dae-c577f3a28684","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[635883],"teaser":"","voice_url":""},"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 launches EGP 1.6 bn real estate development in Sharm El Sheikh - 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\/2017\/12\/17\/oud-launches-egp-1-6-bn-real-estate-development-in-sharm-el-sheikh\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"OUD launches EGP 1.6 bn real estate development in Sharm El Sheikh\" \/>\n<meta property=\"og:description\" content=\"The Orientals Company Urban Development (OUD) launched a new EGP 1.6 bn residential and touristic project in Nabq Bay Sharm El Sheikh, founder Mohamed Khamis said in statements carried by Al Shorouk. The project by the Oriental Weavers Subsidiary includes 1,850 homes, 3 hotels, recreational and commercial spaces and it is built around artificial lagoons.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/17\/oud-launches-egp-1-6-bn-real-estate-development-in-sharm-el-sheikh\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-12-17T04:03:19+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\/2017\/12\/17\/oud-launches-egp-1-6-bn-real-estate-development-in-sharm-el-sheikh\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/17\/oud-launches-egp-1-6-bn-real-estate-development-in-sharm-el-sheikh\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"OUD launches EGP 1.6 bn real estate development in Sharm El Sheikh\",\"datePublished\":\"2017-12-17T04:03:19+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/17\/oud-launches-egp-1-6-bn-real-estate-development-in-sharm-el-sheikh\/\"},\"wordCount\":63,\"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\/2017\/12\/17\/oud-launches-egp-1-6-bn-real-estate-development-in-sharm-el-sheikh\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/17\/oud-launches-egp-1-6-bn-real-estate-development-in-sharm-el-sheikh\/\",\"name\":\"OUD launches EGP 1.6 bn real estate development in Sharm El Sheikh - 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The first phase of the \u2018Tower Bay\u2019 Port Said project, which should be completed in four years, will cost EGP 800\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":593833,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/10\/nuca-offers-land-plots-worth-egp-35-5-bn-to-investors\/","url_meta":{"origin":635919,"position":1},"title":"NUCA offers land plots worth EGP 35.5 bn to investors","author":"enterpriseam admin","date":"10 October 2019","format":false,"excerpt":"The New Urban Communities Authority (NUCA) has tendered 26 mixed-use land plots worth EGP 35.5 bn in Sixth of October, Sheikh Zayed, New Cairo, and El Shorouk and Sadat cities under a new land tender mechanism, Housing Ministry sources told the press. In related news: NUCA has granted Al Arabia\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":598441,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/26\/ora-developers-launches-zed-development-in-sheikh-zayed\/","url_meta":{"origin":635919,"position":2},"title":"Ora Developers launches ZED development in Sheikh Zayed","author":"enterpriseam admin","date":"26 May 2019","format":false,"excerpt":"Bn\u2019aire Naguib Sawiris\u2019 Ora Developers launched its EGP 35 bn project ZED Park in Sheikh Zayed, the company said in a statement (pdf). The first phase of the project was sold out in a week, CEO Haitham Mohamed said. 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