ADQ Considers Injecting New Investments Into Egypt
Mohamed Alsuwaidi, CEO and Managing Director of ADQ, says one of Abu Dhabi's sovereign funds is considering pumping new investments in Egypt during the coming period.
Mohamed Alsuwaidi, CEO and Managing Director of ADQ, says one of Abu Dhabi's sovereign funds is considering pumping new investments in Egypt during the coming period.
This is considered a new step for real estate export in the UAE to various countries of the world.
In 2023, almost 100,000 sqm of office floor space is expected to be delivered in Dubai and over 35,000 sqm are set to be delivered in Abu Dhabi.
Al Habtoor also eyes expansion in Central Europe’s real estate and hotel sector, the group’s Chairman Khalaf Al Habtoor says.
Chief Commercial Officer at Reportage Properties, Hanna Karam, says that the Montenapoleone project is located on 111 acres within Mostakbal City.
The project is located a few meters away from North Teseen street. It includes 6 separate buildings to offer more open areas and landscaping to visitors.
Talal Al Dhiyebi, CEO of ALDAR Properties, says that the company is to invest an additional $1.5 bn in Egypt and the UAE, over the following few months, Invest-Gate reports.
Nakheel Developments announces its preparation to open its 1st branch outside the Egyptian real estate market, at "Time Oak Hotels & Suites" Hotel in Dubai, Invest-Gate reports.
As part of Egypt's plan to export real estate, RNA debuts its latest project, Triton, in Dubai through its participation in the activities of "Egypt 2030" exhibition, on February 18