Al-Sisi meets with New Development Bank chief to discuss bilateral cooperation    Apple, 1st brand to break $1t threshold    EGX closes in green notes on June 12    Egypt's President Al-Sisi, Equatorial Guinea's Vice President discuss bilateral cooperation, regional Issues    Egypt aims to cut debt service by 30%, lower debt-to-GDP ratio to 80%: Maait    European automakers shares skid on 'fear of retaliation' from EU tariffs on China EVs    EFG Hermes advises on Saudi Aramco's $11bn secondary offering, EMEA's largest since 2019    Egypt's Higher Education Minister pledges deeper cooperation with BRICS at Kazan Summit    BRICS power emissions hit a record high in Q1    European stocks gain as investors await US inflation, Fed decision    US to widen sanctions on semiconductor sales to Russia    Gaza death toll rises to 37,164, injuries hit 84,832 amid ongoing Israeli attacks    Egypt's Water Research, Space Agencies join forces to tackle water challenges    Egypt hosts first New Development Bank international forum in New Administrative Capital    Egypt supports development of continental dialogue platform for innovative health sector financing in Africa: Finance Minister    BRICS Skate Cup: Skateboarders from Egypt, 22 nations gather in Russia    Pharaohs Edge Out Burkina Faso in World Cup qualifiers Thriller    Egypt's EDA, Zambia sign collaboration pact    Madinaty Sports Club hosts successful 4th Qadya MMA Championship    Amwal Al Ghad Awards 2024 announces Entrepreneurs of the Year    Egyptian President asks Madbouly to form new government, outlines priorities    Egypt's President assigns Madbouly to form new government    Egypt and Tanzania discuss water cooperation    Grand Egyptian Museum opening: Madbouly reviews final preparations    Madinaty's inaugural Skydiving event boosts sports tourism appeal    Tunisia's President Saied reshuffles cabinet amidst political tension    Instagram Celebrates African Women in 'Made by Africa, Loved by the World' 2024 Campaign    Egypt to build 58 hospitals by '25    Swiss freeze on Russian assets dwindles to $6.36b in '23    Egyptian public, private sectors off on Apr 25 marking Sinai Liberation    Debt swaps could unlock $100b for climate action    Financial literacy becomes extremely important – EGX official    Euro area annual inflation up to 2.9% – Eurostat    BYD، Brazil's Sigma Lithium JV likely    UNESCO celebrates World Arabic Language Day    Motaz Azaiza mural in Manchester tribute to Palestinian journalists    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    

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

Royal increases New Cairo real estate investments to EGP 150m in 2020
The company aims to expand in the New Narges and Beit El Watan suburbs in the coming period, to meet the growing demand in these areas.
Published in Daily News Egypt on 15 - 06 - 2020

Royal for Real Estate Development intends to increase the investments for its New Cairo projects to EGP 150m in 2020, compared to EGP 100m last year.
Sherif Shaalan, Chairperson at Royal, said the company has established 50 villas and buildings in New Cairo. These are located at the Beit El Watan, Lotus, Andalus, Narges Villas, New Narges, Yasmine, West Arabella, South Academy, the American University in Cairo (AUC), and Banafseg areas.
The company aims to expand in the New Narges and Beit El Watan suburbs in the coming period, to meet the growing demand in these areas.
Shaalan pointed out that the company is committed to the implementation and delivery dates for its projects according to the agreed schedules.
Karim Shaalan, CEO of Royal, said the company will build about 80 units in diverse areas across New Cairo in 2020. Of this, about 40 units have already been established in the first five months of the year alone. The company offers flexible payment plans of up to seven years, that suit a wide range of customers.
Royal works through an integrated system that includes sister companies operating in multiple activities to support its investments, Shaalan noted.

Clic here to read the story from its source.