{"id":650119,"date":"2017-03-16T04:05:06","date_gmt":"2017-03-16T04:05:06","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/16\/redcon-to-begin-construction-of-egp-800-mn-medical-complex-in-alburouj\/"},"modified":"2017-03-16T04:05:06","modified_gmt":"2017-03-16T04:05:06","slug":"redcon-to-begin-construction-of-egp-800-mn-medical-complex-in-alburouj","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/16\/redcon-to-begin-construction-of-egp-800-mn-medical-complex-in-alburouj\/","title":{"rendered":"Redcon to begin construction of EGP 800 mn medical complex in Alburouj"},"content":{"rendered":"<p>Redcon Medical is breaking ground on an EGP 800 mn medical complex in Capital Group Properties\u2019 Alburouj compound, Redcon CFO Mostafa El Shibini tells <a href=\"http:\/\/www.almalnews.com\/Pages\/StoryDetails.aspx?ID=326288\">Al Mal<\/a>. The project\u2019s costs had ballooned from <a href=\"https:\/\/enterprise.press\/stories\/2016\/10\/11\/redcon-medical-to-inject-egp-500-mn-in-initial-investments-in-medical-park-in-alburouj\/\">EGP 500 mn<\/a> prior to the float. The complex will be built out in three phases over three years.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Redcon Medical is breaking ground on an EGP 800 mn medical complex in Capital Group Properties\u2019 Alburouj compound, Redcon CFO Mostafa El Shibini tells Al Mal. The project\u2019s costs had ballooned from EGP 500 mn prior to the float. The complex will be built out in three phases over three years.<\/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":[9314],"tags":[72,2400],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-650119","post","type-post","status-publish","format-standard","hentry","category-health-education","tag-enterpriseam","tag-health-education","wpautop","entry"],"acf":{"mongo_id":"3507cb89-034b-4bcb-a13d-ccee2fd0b24c","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[650088],"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>Redcon to begin construction of EGP 800 mn medical complex in Alburouj - 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\/03\/16\/redcon-to-begin-construction-of-egp-800-mn-medical-complex-in-alburouj\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Redcon to begin construction of EGP 800 mn medical complex in Alburouj\" \/>\n<meta property=\"og:description\" content=\"Redcon Medical is breaking ground on an EGP 800 mn medical complex in Capital Group Properties\u2019 Alburouj compound, Redcon CFO Mostafa El Shibini tells Al Mal. The project\u2019s costs had ballooned from EGP 500 mn prior to the float. The complex will be built out in three phases over three years.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/16\/redcon-to-begin-construction-of-egp-800-mn-medical-complex-in-alburouj\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-03-16T04:05:06+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\/03\/16\/redcon-to-begin-construction-of-egp-800-mn-medical-complex-in-alburouj\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/16\/redcon-to-begin-construction-of-egp-800-mn-medical-complex-in-alburouj\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Redcon to begin construction of EGP 800 mn medical complex in Alburouj\",\"datePublished\":\"2017-03-16T04:05:06+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/16\/redcon-to-begin-construction-of-egp-800-mn-medical-complex-in-alburouj\/\"},\"wordCount\":61,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"Health + Education\"],\"articleSection\":[\"Health + Education\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/16\/redcon-to-begin-construction-of-egp-800-mn-medical-complex-in-alburouj\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/16\/redcon-to-begin-construction-of-egp-800-mn-medical-complex-in-alburouj\/\",\"name\":\"Redcon to begin construction of EGP 800 mn medical complex in Alburouj - 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The complex will span 33,000 sqm, and will be launched over two phases. Ashry says construction is scheduled for completion\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":575220,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/06\/whos-in-the-market-for-debt-redcon-construction-msmeda\/","url_meta":{"origin":650119,"position":1},"title":"Who\u2019s in the market for debt? Redcon Construction + MSMEDA","author":"enterpriseam admin","date":"6 October 2020","format":false,"excerpt":"Redcon Construction has signed a EGP 625 mn syndicated loan agreement with the National Bank of Egypt and Qatar National Bank to help finance the construction of several towers in New Alamein, according to Al Mal. The company was originally seeking a EGP 1.7 bn loan from the banks, according\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":631075,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/08\/mountain-view-and-redcon-sign-egp-500-mn-project-in-new-cairo\/","url_meta":{"origin":650119,"position":2},"title":"Mountain View and Redcon sign EGP 500 mn project in New Cairo","author":"enterpriseam admin","date":"8 March 2018","format":false,"excerpt":"Mountain View and Redcon Construction have signed an EGP 500 mn agreement to co-develop an administrative-commercial project in New Cairo, Mountain View Chairman Amr Soleiman tells Al Borsa. Sales for the project, which will be built inside the 50-feddan Mountain View II complex, will open in six months.","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":593733,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/08\/national-bank-of-egypt-qnb-provide-egp-1-7-bn-loan-to-redcon-construction\/","url_meta":{"origin":650119,"position":3},"title":"National Bank of Egypt, QNB provide EGP 1.7 bn loan to Redcon Construction","author":"enterpriseam admin","date":"8 October 2019","format":false,"excerpt":"The National Bank of Egypt (NBE) and Qatar National Bank are providing a EGP 1.7 bn syndicated loan to Redcon Construction, according to Al Mal. The money will finance the company\u2019s contracting operations to build multi-purpose towers in New Alamein City.","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":616243,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/03\/03\/redcon-properties-inks-egp-925-mn-syndicated-factoring-agreement\/","url_meta":{"origin":650119,"position":4},"title":"Redcon Properties inks EGP 925 mn syndicated factoring agreement","author":"enterpriseam admin","date":"3 March 2024","format":false,"excerpt":"The agreement marks Egypt\u2019s first joint factoring transaction","rel":"","context":"In &quot;FINANCIAL SERVICES&quot;","block_context":{"text":"FINANCIAL SERVICES","link":"https:\/\/enterpriseam.com\/egypt\/category\/financial-services\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/3\/63.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":594242,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/23\/egypts-madinet-nasr-awards-egp-5-bn-work-to-contractors\/","url_meta":{"origin":650119,"position":5},"title":"Egypt\u2019s Madinet Nasr awards EGP 5 bn work to contractors","author":"enterpriseam admin","date":"23 October 2019","format":false,"excerpt":"Real estate developer Madinet Nasr for Housing (MNHD) has awarded EGP 5 bn of work to contractors, including Redcon Construction and Gama Construction, in its Taj City and Saraya projects in New Cairo, Managing Director Ahmed El Hitamy said during a conference. 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