{"id":671267,"date":"2025-09-03T00:00:00","date_gmt":"2025-09-03T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2025\/09\/03\/eons-unveils-new-cairo-development-with-initial-investments-of-egp-10-bn\/"},"modified":"2025-09-03T00:00:00","modified_gmt":"2025-09-03T00:00:00","slug":"eons-unveils-new-cairo-development-with-initial-investments-of-egp-10-bn","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2025\/09\/03\/eons-unveils-new-cairo-development-with-initial-investments-of-egp-10-bn\/","title":{"rendered":"EONS unveils New Cairo development with initial investments of EGP 10 bn"},"content":{"rendered":"

REAL ESTATE-<\/p>\n

EONS Developments<\/strong> is preparing to roll out its first project in Egypt with <\/strong>initial investments of over EGP 10 bn<\/strong>, utilizing its 35 years in the Swedish market, the developer said in a statement<\/a>. The New Cairo development will feature modern design, sustainability measures, and smart-community components, and will involve partnerships aimed at delivering integrated urban developments in Egypt, according to the statement.<\/p>\n

(Tap or click the headline above to read this story with all of the links <\/strong>to our background as well as external sources.)<\/p>\n

What they said:<\/strong> \u201cWe consider Egypt a strategic market with significant growth opportunities, and it is well positioned to become one of the largest real estate markets regionally and globally. Through our projects, we aim to introduce an integrated urban concept that combines luxury, innovation, and sustainability, fulfilling our clients\u2019 aspirations while delivering true investment value,\u201d said CEO Sherif Taha.<\/p>\n

\n

INFRASTRUCTURE- <\/p>\n

Is a fifth phase of the L<\/strong>RT on the horizon? <\/strong>The Transport Ministry and China\u2019s AVIC International discussed the possibility of setting up a fifth phase to the light rail transit (LRT), which would run from Rehab to the new capital. This came during a meeting<\/a> between Transport Minister Kamel El Wazir and AVIC representatives, which also touched on civil work on the third phase<\/a>, which is expected to be completed by the end of this year, and installations on the fourth phase, which will begin this month. <\/p>\n

\n

BANKING-<\/p>\n

The Central Bank of Egypt<\/strong> issued new regulations permitting banks to <\/strong>establish service units outside traditional branches<\/strong> to expand access to banking services nationwide, according to a statement (pdf)<\/a>. The new units \u2014 which can be mobile, fixed, or temporary \u2014 will handle services such as account openings, loans, card issuance, transfers, ATM withdrawals and deposits, and financial consultations, in addition to receiving customer complaints. They are designed to make banking more accessible to individuals and micro, small, and medium-sized enterprises across all governorates.<\/p>\n","protected":false},"excerpt":{"rendered":"

PLUS- CBE allows banks to establish service units outside traditional branches<\/p>\n","protected":false},"author":1,"featured_media":671268,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","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":[7209],"tags":[111,204,271,72,83,207],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-671267","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-also-on-our-radar","tag-also-on-our-radar","tag-banking","tag-central-bank-of-egypt","tag-enterpriseam","tag-real-estate","tag-transport","wpautop","entry"],"acf":{"mongo_id":"7ef73c4e-ce7b-4830-b109-b1106429287b","order":"11","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/8\/900.jpg","photo_position":"above","homepage_title":"","full_issue_title":"EONS unveils New Cairo development with initial investments of EGP 10 bn","related_issue":[671248],"teaser":"PLUS- CBE allows banks to establish service units outside traditional branches","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/9\/.292918dd-a860-4abd-ae71-7111492d24ce.mp3"},"yoast_head":"\nEONS unveils New Cairo development with initial investments of EGP 10 bn - 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The company is also eyeing developing 1 mn sqm of land in East Cairo, he said, without disclosing\u2026","rel":"","context":"In "Speed Round"","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":545574,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/04\/04\/contact-nawy-sign-egp-1-bn-financing-agreement-med-wealth-funds-launch-a-colab\/","url_meta":{"origin":671267,"position":2},"title":"Contact + Nawy sign EGP 1 bn financing agreement + Med wealth funds launch a colab","author":"enterpriseam admin","date":"4 April 2022","format":false,"excerpt":"Contact + Nawy sign EGP 1 bn financing agreement: Contact Financial\u2019s real estate finance subsidiary will lend EGP 1 bn to clients of Nawy after signing an agreement with the proptech startup, according to a statement (pdf. Users of Nawy\u2019s real estate search engine will be able to borrow the\u2026","rel":"","context":"In "Also on our Radar"","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":579089,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/01\/24\/ci-capital-compass-launch-fund-to-invest-in-egx-listed-firms\/","url_meta":{"origin":671267,"position":3},"title":"CI Capital, Compass launch fund to invest in EGX-listed firms","author":"enterpriseam admin","date":"24 January 2023","format":false,"excerpt":"CAPITAL MARKETS-CI Capital + Compass Capital plan EGP 2 bn equity fund: CI Capital and Compass Capital are launching a fund to invest in EGX-listed companies, with initial investments ranging between EGP 2-3 bn, unnamed sources reportedly told Asharq Business. The fund will be looking to acquire stakes of between\u2026","rel":"","context":"In "Also on our Radar"","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/1\/419.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":554027,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/16\/arco-inks-egp-720-mn-financial-leasing-agreement\/","url_meta":{"origin":671267,"position":4},"title":"Arco inks EGP 720 mn financial leasing agreement","author":"enterpriseam admin","date":"16 December 2021","format":false,"excerpt":"Real estate development firm Arco is borrowing EGP 720 mn via a financial leasing agreement with a syndicate of Gulf and local lenders, lead arranger ADIFinance \u2014 Abu Dhabi Islamic Bank\u2019s leasing unit \u2014 said in a statement (pdf). The transaction also features participation from Arabia Investments Holdings\u2019 UE Finance\u2026","rel":"","context":"In "Also on our Radar"","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":597510,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/29\/imkan-allocated-egp-5-bn-166-acre-new-cairo-land-plot\/","url_meta":{"origin":671267,"position":5},"title":"IMKAN allocated EGP 5 bn, 166-acre New Cairo land plot","author":"enterpriseam admin","date":"29 July 2019","format":false,"excerpt":"IMKAN Properties, a subsidiary of the UAE\u2019s Abu Dhabi Capital Group (ADCG), has been allocated a EGP 5 bn, 166-acre land plot in New Cairo by the Housing Ministry, the company said in a statement. CEO Ahmed Fathallah said that the company is planning further investment in Egypt\u2019s real estate\u2026","rel":"","context":"In "Real Estate + Housing"","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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/671267","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=671267"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/671267\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/671248"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/671268"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=671267"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=671267"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=671267"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=671267"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=671267"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}