Egypt's FRA subsidiaries provide EGP 69.5b in Jan '24    US business activity drops in April    Swiss freeze on Russian assets dwindles to $6.36b in '23    World Bank pauses $150m funding for Tanzanian tourism project    China's '40 coal cutback falls short, threatens climate    European stocks reach week-high levels    China obtains banned Nvidia AI chips through resellers    Amir Karara reflects on 'Beit Al-Rifai' success, aspires for future collaborations    Russia to focus on multipolar world, business dialogues with key partners at SPIEF 2024    African Hidden Champions to host soirée celebrating rising business stars    Ministers of Health, Education launch 'Partnership for Healthy Cities' initiative in schools    Egypt explores new Chinese investment opportunities for New Alamein's planned free zone    Amstone Egypt unveils groundbreaking "Hydra B5" Patrol Boat, bolstering domestic defence production    Egyptian President and Spanish PM discuss Middle East tensions, bilateral relations in phone call    Climate change risks 70% of global workforce – ILO    Health Ministry, EADP establish cooperation protocol for African initiatives    Health Ministry collaborates with ECS to boost medical tourism, global outreach    Prime Minister Madbouly reviews cooperation with South Sudan    Ramses II statue head returns to Egypt after repatriation from Switzerland    EU, G7 leaders urge de-escalation amid heightened Middle East tensions    Egypt retains top spot in CFA's MENA Research Challenge    Egyptian public, private sectors off on Apr 25 marking Sinai Liberation    EU pledges €3.5b for oceans, environment    Egypt forms supreme committee to revive historic Ahl Al-Bayt Trail    Debt swaps could unlock $100b for climate action    Acts of goodness: Transforming companies, people, communities    President Al-Sisi embarks on new term with pledge for prosperity, democratic evolution    Amal Al Ghad Magazine congratulates President Sisi on new office term    Egypt starts construction of groundwater drinking water stations in South Sudan    Egyptian, Japanese Judo communities celebrate new coach at Tokyo's Embassy in Cairo    Uppingham Cairo and Rafa Nadal Academy Unite to Elevate Sports Education in Egypt with the Introduction of the "Rafa Nadal Tennis Program"    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.



Gates Developments collaborates with The Management House to manage its projects
Project management is the basis for maintaining projects' investment value for the benefit of the developer and client: Ahmed Aboul-Fotouh
Daily News Egypt Published in Daily News Egypt on 20 - 02 - 2022

Gates Developments has contracted with The Management House to manage all the company's projects in the real estate market this week.
The contract was inked by Ahmed Aboul-Fotouh, the Chairperson of Gates Developments, and Ziad Moghrabiah, the Chairperson of The Management House for Facility Management.
Aboul-Fotouh stated that project management has become an essential element to maintain projects' investment values as a real estate wealth owned by a developer and to preserve the value of projects in which clients invest their money to have an added-value.
Senior Marketing Manager at Gates Developments Saeed Al-Garf said that The Management House will manage all projects of Gates Developments, including Catalan Project.
The project is located on 40 feddans with a total investment of EGP 1.8bn in the New Administrative Capital's (NAC) R7 area.
This is in addition to the Audaz in the NAC, West Gate in west Cairo, and Plaza Espana mall in Sixth of October City.
Accordingly, The Management House provides maintenance and security services for residential projects and operation and management services for commercial and administrative projects owned by Gates Developments, Al-Garf elaborated.
He pointed out that The Management House has a business precedent and experience in managing projects in Saudi Arabia — most notably the SAHAT CO Project in the Jabal Omar area in Mecca, Al-Salam Mall in Jeddah, Al-Noor Mall in Medina, and Aziz Mall in Jeddah — in addition to Mall of Arabia in Egypt.

Clic here to read the story from its source.