{"id":642325,"date":"2017-08-10T03:48:46","date_gmt":"2017-08-10T03:48:46","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/10\/samcrete-investments-record-egp-3-2-bn\/"},"modified":"2017-08-10T03:48:46","modified_gmt":"2017-08-10T03:48:46","slug":"samcrete-investments-record-egp-3-2-bn","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/10\/samcrete-investments-record-egp-3-2-bn\/","title":{"rendered":"Samcrete investments record EGP 3.2 bn"},"content":{"rendered":"<p>Investments by <a href=\"https:\/\/www.samcrete.com\/\">Samy Saad's Samcrete<\/a> in Egypt have now totalled EGP 3.2 bn, CEO Hisham El Kheshen says, <a href=\"https:\/\/alborsanews.com\/2017\/08\/08\/1042762\">according to Al Borsa<\/a>. The company will begin delivering homes at its largest project, Pyramids Heights, in 1Q2020, El Kheshen adds and plans on signing partnership agreements for two projects in East Cairo and in the North Coast before year-end for delivery by the end of 1Q2018. Samcrete wants to expand its land bank in West Cairo from 80 feddans currently and is also studying new investment opportunities in Ain Sokhna.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Investments by Samy Saad's Samcrete in Egypt have now totalled EGP 3.2 bn, CEO Hisham El Kheshen says, according to Al Borsa. The company will begin delivering homes at its largest project, Pyramids Heights, in 1Q2020, El Kheshen adds and plans on signing partnership agreements for two projects in East Cairo and in the North [&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-642325","post","type-post","status-publish","format-standard","hentry","category-real-estate-housing","tag-enterpriseam","tag-real-estate-housing","wpautop","entry"],"acf":{"mongo_id":"bdd9bfa4-8867-43fd-a5e9-117e90c92e43","order":"0","is_powered_by":true,"section_story_id":"5af728e7-3963-4a36-8752-044625b694b1","story_type":"1","photo_url":"","photo_position":"above","related_issue":[642291],"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>Samcrete investments record EGP 3.2 bn - 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\/08\/10\/samcrete-investments-record-egp-3-2-bn\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Samcrete investments record EGP 3.2 bn\" \/>\n<meta property=\"og:description\" content=\"Investments by Samy Saad&#039;s Samcrete in Egypt have now totalled EGP 3.2 bn, CEO Hisham El Kheshen says, according to Al Borsa. The company will begin delivering homes at its largest project, Pyramids Heights, in 1Q2020, El Kheshen adds and plans on signing partnership agreements for two projects in East Cairo and in the North [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/10\/samcrete-investments-record-egp-3-2-bn\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-08-10T03:48:46+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\/08\/10\/samcrete-investments-record-egp-3-2-bn\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/10\/samcrete-investments-record-egp-3-2-bn\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Samcrete investments record EGP 3.2 bn\",\"datePublished\":\"2017-08-10T03:48:46+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/10\/samcrete-investments-record-egp-3-2-bn\/\"},\"wordCount\":93,\"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\/08\/10\/samcrete-investments-record-egp-3-2-bn\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/10\/samcrete-investments-record-egp-3-2-bn\/\",\"name\":\"Samcrete investments record EGP 3.2 bn - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2017-08-10T03:48:46+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/10\/samcrete-investments-record-egp-3-2-bn\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/10\/samcrete-investments-record-egp-3-2-bn\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/10\/samcrete-investments-record-egp-3-2-bn\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Samcrete investments record EGP 3.2 bn\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Samcrete investments record EGP 3.2 bn - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/10\/samcrete-investments-record-egp-3-2-bn\/","og_locale":"en_US","og_type":"article","og_title":"Samcrete investments record EGP 3.2 bn","og_description":"Investments by Samy Saad's Samcrete in Egypt have now totalled EGP 3.2 bn, CEO Hisham El Kheshen says, according to Al Borsa. 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The company plans to launch at least one of the projects before\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":634376,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/14\/samcrete-investing-egp-300-mn-in-pyramids-heights-project-this-year\/","url_meta":{"origin":642325,"position":1},"title":"Samcrete investing EGP 300 mn in Pyramids Heights project this year","author":"enterpriseam admin","date":"14 January 2018","format":false,"excerpt":"Real estate developer Samcrete is investing EGP 300 mn into its Pyramids Heights project this year, Managing Director Hisham Al Khashin said, according to AMAY. The EGP 1.2 bn project is set to be completed by 2020 and has already achieved sales of EGP 550 mn.","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":595749,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/05\/six-egyptian-banks-begin-disbursing-egp-3-1-bn-loan-to-samcrete\/","url_meta":{"origin":642325,"position":2},"title":"Six Egyptian banks begin disbursing EGP 3.1 bn loan to Samcrete","author":"enterpriseam admin","date":"5 August 2019","format":false,"excerpt":"Six local banks \u2014 the National Bank of Egypt, Banque Misr, Banque du Caire, SAIB Bank, Suez Canal Bank, and the Export Development Bank of Egypt \u2014 have begun disbursing a EGP 3.1 bn loan to Samcrete for its work in a residential district in the new administrative capital, Al\u2026","rel":"","context":"In &quot;Banking + Finance&quot;","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":631183,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/12\/samcrete-in-talks-with-local-banks-for-egp-2-5-bn-credit-facility\/","url_meta":{"origin":642325,"position":3},"title":"Samcrete in talks with local banks for EGP 2.5 bn credit facility","author":"enterpriseam admin","date":"12 March 2018","format":false,"excerpt":"Real estate developer Samcrete is in talks with local banks for a EGP 2.5 bn credit facility to finance the contracting projects it has undertaken, an unnamed company source tells Al Mal. Samcrete is primarily negotiating with the National Bank of Egypt but is also in talks with other banks,\u2026","rel":"","context":"In &quot;Banking + Finance&quot;","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":572407,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/06\/23\/samcrete-looks-to-borrow-egp-1-7-bn-from-local-banks-to-work-on-new-cities\/","url_meta":{"origin":642325,"position":4},"title":"Samcrete looks to borrow EGP 1.7 bn from local banks to work on new cities","author":"enterpriseam admin","date":"23 June 2020","format":false,"excerpt":"Conglomerate Samcrete is in talks with two local banks to arrange a EGP 1.7 bn loan to finance its work in new cities, Al Mal reports, quoting sources with knowledge of the matter. The company is in talks with one state-owned and one private bank for a three- to five-year\u2026","rel":"","context":"In &quot;Banking + Finance&quot;","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":624889,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/09\/20\/samcrete-asks-nbe-for-bigger-credit-facility-to-finance-growing-projects\/","url_meta":{"origin":642325,"position":5},"title":"Samcrete asks NBE for bigger credit facility to finance growing projects","author":"enterpriseam admin","date":"20 September 2018","format":false,"excerpt":"Samcrete Egypt Engineers and Contractors has asked to increase the size of a credit facility it\u2019s negotiating with National Bank of Egypt (NBE) to nearly EGP 3.2 bn to finance the growing number of projects it\u2019s handling, Al Mal reported. The company\u2019s negotiations with NBE had begun in March over\u2026","rel":"","context":"In &quot;Banking + Finance&quot;","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/642325","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=642325"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/642325\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/642291"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=642325"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=642325"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=642325"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=642325"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=642325"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}