Egypt says GERD talks with Ethiopia 'stumbled', next round in Khartoum in October    Saudi Arabia to invite UN experts to investigate oil attack: statement    Oil tanker bottleneck builds at Saudi ports after attacks    North Korea leader Kim invited Trump to Pyongyang in letter: report    UEFA Champions League group stage fixtures (1st matchday)    Biggest oil price surge since 1991 as 'locked and loaded' US points finger at Iran for attack    Egyptian navy rescues tourists aboard yacht adrift in Red Sea    Tutankhamun Opera to debut with inauguration of Grand Egyptian Museum: Zahi Hawass    Egyptian transport start-up Swvl plans IPO in 5-10 years    Kessie and Lukaku subjected to more racism in Italy    Juventus 'ultra' fan leaders arrested in tickets probe    Oil majors curb FTSE losses as crude surges after Saudi attacks    Egypt's Tourism Minister Al-Mashat holds several meetings on sidelines of UNWTO session    Egypt court sentence 6 to death for joining terrorist group, manufacturing explosives; 8 acquitted    New academic building in Bahrain to be completed in Q4    New York moves to prohibit flavored e-cigarettes after Trump ban move    Brexit will be delayed again when PM Johnson's deal falls: Nigel Farage    Dollar drops, oil-exporter currencies climb after Saudi attacks    EU funding Egypt's annual developmental projects at €1.1bn – minister    European markets to open lower on geopolitical tensions, weak Chinese data    Egyptian gov't working to remove trash in Ismailia    'Al-Daheeh' host Ahmed El-Ghandour shortlisted for IBC's first 'Young Pioneer' award    Egypt forces kill group of terrorists in North Sinai, four policemen wounded: Ministry    Iran dismisses as ‘pointless' U.S. claims about Aramco attacks    Egypt's Zamalek suffer surprise 2-1 defeat at Senegal's Generation Foot    Ukraine poised to seal 3-year IMF loan of $5bn    Egypt's Sisi discusses education, terrorism at national youth conference    Sisi to open 8th edition of the National Youth Conference Saturday    Spotify buys music production marketplace SoundBetter    Egypt's Ahly striker Amr Gamal joins Talae El-Geish for 2 seasons    Shikabala left out of Egypt's Zamalek squad for Generation Foot clash    Egypt, UK sign deal to establish branch of London School of Economics at New Administrative Capital    8th edition of Egypt's National Youth Conference to start Sunday    Egypt's PM discusses details of Al-Hussein Mosque renovation    Egypt's Baron Empain Palace to be reopen after renovation    Court sentences six to death, 41 to lifetime imprisonment violence related case    Trump says he would release Mideast peace plan after Israeli elections    NBE announces EGP 2.5m prizes for handball youth teams for their world achievements    ACWA Power compares 3 bids to supply production units for Luxor power station    What do you know about gold alloying?    Jennifer Lopez evokes Egyptian outrage post her North Coast performance    Cairo's historic Tahrir square to be renovated – PM    Al-Sisi honours Egypt's scholars on Science Day    IS claims responsibility for suicide bombing killing 63 in Afghan wedding    Political parties gear up for parliamentary, senate, local elections    Unprecedented Glory: Egypt win Men's U-19 World Handball Championship    12th National Egyptian Theatre Festival fuel up public theatre art scene    Ministry of Environment has a plan for "black clouds season"    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.





Hometown markets phase I of its work debut in Egypt new capital
Published in Amwal Al Ghad on 19 - 08 - 2019

Egypt's Hometown Real Estate Development has marketed the first phase of its first commercial and administrative flagship; Zaha Park in the country's new capital, chairman said on Sunday.
"We had sold the first phase, which represents 20 percent of the project, in only two months with sales totalling 250 million Egyptian pounds ($15.1 million)," Diaa El Din Farag said.
The first phase includes 71 administrative and commercial units as well as three commercial floors with spaces totalling 6,400 square metres, Farag added.
"The second phase will be launched at the end of the current month," he said, adding that it encompasses seven medical floors with spaces ranging between 35 square metres and 200 square metres.
As for Zaha Park, the project is being implemented on a space of 7,000 square metres in two phases, with investments estimated at 1 billion pounds.
Located 45km (27.9 miles) east of Cairo, the anticipated new capital city is part of the Egyptian government's plan to expand urban areas to deal with the state's rapid population growth and improve the nation's infrastructure.
The new capital is set to be a 270-square-mile hub with 21 residential districts to accommodate five million people. It will feature 1,250 mosques and churches, a 5,000-seat conference centre, nearly 2,000 schools and colleges, over 600 medical facilities and a park that is projected to be the world's largest.


Clic here to read the story from its source.