{"id":638562,"date":"2017-10-09T03:45:26","date_gmt":"2017-10-09T03:45:26","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/09\/oriental-urban-development-to-develop-egp-450-mn-mall-in-new-cairo\/"},"modified":"2017-10-09T03:45:26","modified_gmt":"2017-10-09T03:45:26","slug":"oriental-urban-development-to-develop-egp-450-mn-mall-in-new-cairo","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/09\/oriental-urban-development-to-develop-egp-450-mn-mall-in-new-cairo\/","title":{"rendered":"Oriental Urban Development to develop EGP 450 mn mall in New Cairo"},"content":{"rendered":"<p><strong>INVESTMENT WATCH- <\/strong>Oriental Weavers Group subsidiary Oriental Urban Development is planning to invest EGP 450 mn in the Side Walk Mall in New Cairo alongside real estate marketing firm B2B, said Oriental Weavers founder Mohamed Farid Khamis. <a href=\"http:\/\/www.almalnews.com\/Story\/348455\/16\/%D8%A7%D9%84%D8%B4%D8%B1%D9%82%D9%8A%D9%88%D9%86-%D9%84%D9%84%D8%AA%D9%86%D9%85%D9%8A%D8%A9-%D8%A7%D9%84%D8%B9%D9%85%D8%B1%D8%A7%D9%86%D9%8A%D8%A9-%D8%AA%D8%B3%D8%AA%D8%AB%D9%85%D8%B1-450-%D9%85%D9%84%D9%8A%D9%88%D9%86-%D8%AC%D9%86%D9%8A%D9%87-%D8%A8%D9%85%D9%88%D9%84-%D8%B3%D8%A7%D9%8A%D8%AF-%D9%88%D9%88%D9%83\">He tells Al Mal<\/a> that Oriental Urban is also looking to buy 50 feddans in the North Coast to build a resort in 2018. He made no mention of the company\u2019s plans to IPO in 2018, which he had <a href=\"https:\/\/enterprise.press\/stories\/2017\/05\/02\/oriental-urban-development-to-invest-epg-4-bn-in-2017-18-mulls-2018-ipo\/\">previously revealed back in May<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>INVESTMENT WATCH- Oriental Weavers Group subsidiary Oriental Urban Development is planning to invest EGP 450 mn in the Side Walk Mall in New Cairo alongside real estate marketing firm B2B, said Oriental Weavers founder Mohamed Farid Khamis. He tells Al Mal that Oriental Urban is also looking to buy 50 feddans in the North Coast [&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":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-638562","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"ef1f1277-660f-4509-86c8-919d0eb65c7c","order":"0","is_powered_by":true,"section_story_id":"bb07799f-9504-4de7-aa64-31213829e9f9","story_type":"1","photo_url":"","photo_position":"above","related_issue":[638546],"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>Oriental Urban Development to develop EGP 450 mn mall in New Cairo - 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\/10\/09\/oriental-urban-development-to-develop-egp-450-mn-mall-in-new-cairo\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Oriental Urban Development to develop EGP 450 mn mall in New Cairo\" \/>\n<meta property=\"og:description\" content=\"INVESTMENT WATCH- Oriental Weavers Group subsidiary Oriental Urban Development is planning to invest EGP 450 mn in the Side Walk Mall in New Cairo alongside real estate marketing firm B2B, said Oriental Weavers founder Mohamed Farid Khamis. He tells Al Mal that Oriental Urban is also looking to buy 50 feddans in the North Coast [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/09\/oriental-urban-development-to-develop-egp-450-mn-mall-in-new-cairo\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-10-09T03:45:26+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\/10\/09\/oriental-urban-development-to-develop-egp-450-mn-mall-in-new-cairo\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/09\/oriental-urban-development-to-develop-egp-450-mn-mall-in-new-cairo\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Oriental Urban Development to develop EGP 450 mn mall in New Cairo\",\"datePublished\":\"2017-10-09T03:45:26+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/09\/oriental-urban-development-to-develop-egp-450-mn-mall-in-new-cairo\/\"},\"wordCount\":90,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/09\/oriental-urban-development-to-develop-egp-450-mn-mall-in-new-cairo\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/09\/oriental-urban-development-to-develop-egp-450-mn-mall-in-new-cairo\/\",\"name\":\"Oriental Urban Development to develop EGP 450 mn mall in New Cairo - 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Orientals Urban is also planning to begin working on the EGP 450 mn Side Walk Mall in\u2026","rel":"","context":"In &quot;Speed Round&quot;","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":630309,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/17\/oud-plans-egp-350-mn-mall-in-new-cairo\/","url_meta":{"origin":638562,"position":1},"title":"OUD plans EGP 350 mn mall in New Cairo","author":"enterpriseam admin","date":"17 April 2018","format":false,"excerpt":"Oriental Weavers subsidiary Orientals for Urban Development (OUD) is planning to build an EGP 350 mn mall in New Cairo, company director Asser Hamdy tells Al Shorouk. The 7,000 sqm Sidewalk Mall should be complete in 2019.","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":569431,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/24\/oriental-weavers-profits-increase-54-increase-in-2019\/","url_meta":{"origin":638562,"position":2},"title":"Oriental Weavers profits increase 54% increase in 2019","author":"enterpriseam admin","date":"24 February 2020","format":false,"excerpt":"EARNINGS WATCH- Oriental Weavers profits increase 54% in 2019: Oriental Weavers posted net profits after tax and minority interests of EGP 775 mn in 2019, a 54% increase from the previous year, according to an EGX filing (pdf). Revenues fell 2.6% to EGP 10.1 bn during the period, down from\u2026","rel":"","context":"In &quot;Speed Round&quot;","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":623473,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/31\/oud-eyeing-1h2019-ipo-plans-to-invest-egp-3-bn-next-year\/","url_meta":{"origin":638562,"position":3},"title":"OUD eyeing 1H2019 IPO, plans to invest EGP 3 bn next year","author":"enterpriseam admin","date":"31 October 2018","format":false,"excerpt":"** #5 IPO WATCH- Orientals for Urban Development eyeing 2019 IPO: Oriental Weavers sister company Orientals for Urban Development (OUD) is looking at a potential IPO in 2H2019, Chairman Asser Hamdy said. According to Hamdy, the company is studying hiring an adviser for the transaction, and expects to make a\u2026","rel":"","context":"In &quot;Speed Round&quot;","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":598087,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/14\/earnings-watch-oriental-weavers-sarwa-capital\/","url_meta":{"origin":638562,"position":4},"title":"Earnings Watch: Oriental Weavers, Sarwa Capital","author":"enterpriseam admin","date":"14 May 2019","format":false,"excerpt":"EARNINGS WATCH- Sarwa Capital\u2019s net income after tax rose 130% to EGP 120 mn in 1Q2019, up from EGP 52 mn during the same period last year, the company said in a statement (pdf). \u201cWe are pleased to announce our record quarterly profits amidst an eventful period full of developments\u2026","rel":"","context":"In &quot;Speed Round&quot;","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":637852,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/27\/oriental-development-wins-bid-for-21-5-feddans-of-land-in-new-cairo\/","url_meta":{"origin":638562,"position":5},"title":"Oriental Development wins bid for 21.5 feddans of land in New Cairo","author":"enterpriseam admin","date":"27 November 2017","format":false,"excerpt":"The Oriental Company for Urban Development bought 21.5 feddans in New Cairo for EGP 400 mn,according to AMAY. 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