{"id":639479,"date":"2017-10-30T03:37:31","date_gmt":"2017-10-30T03:37:31","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/30\/oriental-urban-development-to-invest-at-least-egp-3-bn-in-projects-in-2018\/"},"modified":"2017-10-30T03:37:31","modified_gmt":"2017-10-30T03:37:31","slug":"oriental-urban-development-to-invest-at-least-egp-3-bn-in-projects-in-2018","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/30\/oriental-urban-development-to-invest-at-least-egp-3-bn-in-projects-in-2018\/","title":{"rendered":"Oriental Urban Development to invest at least EGP 3 bn in projects in 2018"},"content":{"rendered":"<p><strong>INVESTMENT WATCH-<\/strong> The Khamis family\u2019s <a href=\"https:\/\/www.oudegypt.com\/ar\">Orientals Urban Development<\/a> plans to invest at least EGP 3 bn in projects based in new cities next year, Oriental Weavers founder Mohamed Farid Khamis <a href=\"http:\/\/almalnews.com\/Story\/351132\/16\/%D8%A7%D9%84%D8%B4%D8%B1%D9%82%D9%8A%D9%88%D9%86-%D8%AA%D8%B3%D8%AA%D9%87%D8%AF%D9%81-%D8%B6%D8%AE-3-%D9%85%D9%84%D9%8A%D8%A7%D8%B1%D8%A7%D8%AA-%D8%AC%D9%86%D9%8A%D9%87-%D8%A7%D8%B3%D8%AA%D8%AB%D9%85%D8%A7%D8%B1%D8%A7%D8%AA-%D8%AE%D9%84%D8%A7%D9%84-2018\">tells Al Mal<\/a>. Orientals Urban is also planning to begin working on the EGP 450 mn Side Walk Mall in New Cairo alongside real estate marketing firm B2B. Khamis also says the company has completed the first phase of its 5.5 mn sqm Oriental Coast project in Marsa Alam, and has begun work on its second phase.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>INVESTMENT WATCH- The Khamis family\u2019s Orientals Urban Development plans to invest at least EGP 3 bn in projects based in new cities next year, Oriental Weavers founder Mohamed Farid Khamis tells Al Mal. Orientals Urban is also planning to begin working on the EGP 450 mn Side Walk Mall in New Cairo alongside real estate [&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-639479","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"1b78a6ea-cdfb-4666-9a3d-0097e1a9a998","order":"0","is_powered_by":true,"section_story_id":"55d515bb-a319-47ff-a5e6-b6fd503e980c","story_type":"1","photo_url":"","photo_position":"above","related_issue":[639469],"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 invest at least EGP 3 bn in projects in 2018 - 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\/30\/oriental-urban-development-to-invest-at-least-egp-3-bn-in-projects-in-2018\/\" \/>\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 invest at least EGP 3 bn in projects in 2018\" \/>\n<meta property=\"og:description\" content=\"INVESTMENT WATCH- The Khamis family\u2019s Orientals Urban Development plans to invest at least EGP 3 bn in projects based in new cities next year, Oriental Weavers founder Mohamed Farid Khamis tells Al Mal. Orientals Urban is also planning to begin working on the EGP 450 mn Side Walk Mall in New Cairo alongside real estate [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/30\/oriental-urban-development-to-invest-at-least-egp-3-bn-in-projects-in-2018\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-10-30T03:37:31+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\/30\/oriental-urban-development-to-invest-at-least-egp-3-bn-in-projects-in-2018\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/30\/oriental-urban-development-to-invest-at-least-egp-3-bn-in-projects-in-2018\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Oriental Urban Development to invest at least EGP 3 bn in projects in 2018\",\"datePublished\":\"2017-10-30T03:37:31+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/30\/oriental-urban-development-to-invest-at-least-egp-3-bn-in-projects-in-2018\/\"},\"wordCount\":98,\"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\/30\/oriental-urban-development-to-invest-at-least-egp-3-bn-in-projects-in-2018\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/30\/oriental-urban-development-to-invest-at-least-egp-3-bn-in-projects-in-2018\/\",\"name\":\"Oriental Urban Development to invest at least EGP 3 bn in projects in 2018 - 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These include a EGP 3.9 bn residential development at the new administrative capital.","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":623473,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/31\/oud-eyeing-1h2019-ipo-plans-to-invest-egp-3-bn-next-year\/","url_meta":{"origin":639479,"position":1},"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":647103,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/02\/oriental-urban-development-to-invest-epg-4-bn-in-2017-18-mulls-2018-ipo\/","url_meta":{"origin":639479,"position":2},"title":"Oriental Urban Development to invest EPG 4 bn in 2017-18, mulls 2018 IPO","author":"enterpriseam admin","date":"2 May 2017","format":false,"excerpt":"Oriental Weavers Group subsidiary Oriental Urban Development is planning on investing EGP 4 bn in Egypt during 2017-18 to develop a mix of touristic and residential projects on some 5 mn sqm of company-owned land, according to owner and founder Mohammed Farid Khamis, Al Borsa reports.","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":626856,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/12\/oud-breaks-ground-on-egp-350-mn-heliopolis-hills-residential-compound\/","url_meta":{"origin":639479,"position":3},"title":"OUD breaks ground on EGP 350 mn Heliopolis Hills residential compound","author":"enterpriseam admin","date":"12 July 2018","format":false,"excerpt":"Oriental Weavers subsidiary Orientals for Urban Development (OUD) has broken ground on its EGP 350 mn Heliopolis Hills residential compound in Obour City, Chairman Mohamed Farid Khamis said yesterday, Amwal Al Ghad reports. 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