{"id":2300,"date":"2020-11-23T14:40:54","date_gmt":"2020-11-23T14:40:54","guid":{"rendered":"https:\/\/www.nawy.com\/blog\/?p=2300"},"modified":"2020-11-23T14:40:56","modified_gmt":"2020-11-23T14:40:56","slug":"emaar-invests-40-billion-le","status":"publish","type":"post","link":"https:\/\/www.nawy.com\/blog\/2300-emaar-invests-40-billion-le","title":{"rendered":"Emaar invests 40 Billion LE"},"content":{"rendered":"\n<p>CEO of the Egyptian General Investment Authority (GAFI) Mohamed Abdel Wahab, declared the endorsement of the foundation of another project area for Emaar Misr for Development Company, with speculations of LE 40 billion in investments. <\/p>\n\n\n\n<p>Abdel-Wahab expressed in an assertion to the Egyptian Cabinet that the new Investment Zone will flood the market with 77,000 job opportunities<\/p>\n\n\n\n<p>Emaar Misr recorded a net profit of LE 1.02 billion during the initial nine months of 2020; contrasted with LE 628.99 million during the similar time frame of 2019. <\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Emaar Misr<\/h2>\n\n\n\n<p>The Egyptian arm of the property giant , Emaar Misr, works inside the Real Estate area. Significantly, it&#8217;s zeroing in on Diversified Real Estate Activities.<\/p>\n\n\n\n<p> Emaar is one of Egypt\u2019s biggest real-estate developers. Established back in 2007, it became famous for its upscale projects.  Its investment capital in Egypt is 31.67 billion EGP. Basically, purchasing a property under the Emaar brand name guarantees exclusive and magnificent delivery. <\/p>\n\n\n\n<p>Emaar Misr first opened the EGP 1.5 bn ($93.8 m) Al Alamein Hotel in 2018 in Sidi Abdelrahman bay.\u00a0 In summary, The developer&#8217;s investments in Egypt amount to EGP 200bn. That&#8217;s divided into  EGP 55 bn ($3.4 bn) investment in the entire <a href=\"https:\/\/www.nawy.com\/compound\/5-marassi\">Marassi <\/a>area and an EGP 11.5 bn ($719m) investment in the newly-launched project, <a href=\"https:\/\/www.nawy.com\/compound\/343-cairo-gate-emaar-west-6th-of-october\">Cairo Gate<\/a>. While the company\u2019s investments in its Sheikh Zayed land may sum up to EGP37.8bn ($2.4bn) in the coming period.\u00a0<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Learn More <\/h2>\n\n\n\n<p>For the latest updates on&nbsp;<a href=\"https:\/\/www.nawy.com\/developer\/4-emaar-misr\">Emaar <\/a>, reach out to us on #<a href=\"https:\/\/www.nawy.com\/contact\/Emaar\">AskNawy<\/a>&nbsp;or call us on +201022088888<\/p>\n\n\n\n<p>Moreover, if you wish to know more about what\u2019s available in the real estate market, you can visit our website&nbsp;<a href=\"https:\/\/www.nawy.com\/\">Nawy<\/a>. Take a look at our wide selection of exclusive homes!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>CEO of the Egyptian General Investment Authority (GAFI) Mohamed Abdel Wahab, declared the endorsement of the foundation of another project area for Emaar Misr for Development Company, with speculations of LE 40 billion in investments. Abdel-Wahab expressed in an assertion to the Egyptian Cabinet that the new Investment Zone will flood the market with 77,000 [&hellip;]<\/p>\n","protected":false},"author":11,"featured_media":1755,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[336],"tags":[],"class_list":{"0":"post-2300","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-real-estate-news"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Emaar invests 40 Billion LE - Nawy<\/title>\n<meta name=\"description\" content=\"Learn more about Emaar investments in Egypt right here through CooingEstate.com. Your source for premium real estate in Egypt.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.nawy.com\/blog\/2300-emaar-invests-40-billion-le\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Emaar invests 40 Billion LE - Nawy\" \/>\n<meta property=\"og:description\" content=\"Learn more about Emaar investments in Egypt right here through CooingEstate.com. Your source for premium real estate in Egypt.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.nawy.com\/blog\/2300-emaar-invests-40-billion-le\" \/>\n<meta property=\"og:site_name\" content=\"Nawy\" \/>\n<meta property=\"article:published_time\" content=\"2020-11-23T14:40:54+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-11-23T14:40:56+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.nawy.com\/blog\/wp-content\/uploads\/2019\/11\/emaar.gif\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"585\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/gif\" \/>\n<meta name=\"author\" content=\"Amany Morad\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Amany Morad\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.nawy.com\/blog\/2300-emaar-invests-40-billion-le#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.nawy.com\/blog\/2300-emaar-invests-40-billion-le\"},\"author\":{\"name\":\"Amany Morad\",\"@id\":\"https:\/\/www.nawy.com\/blog\/#\/schema\/person\/be7b7c2f3ffb778fc5539538c3739abc\"},\"headline\":\"Emaar invests 40 Billion LE\",\"datePublished\":\"2020-11-23T14:40:54+00:00\",\"dateModified\":\"2020-11-23T14:40:56+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.nawy.com\/blog\/2300-emaar-invests-40-billion-le\"},\"wordCount\":279,\"publisher\":{\"@id\":\"https:\/\/www.nawy.com\/blog\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.nawy.com\/blog\/2300-emaar-invests-40-billion-le#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.nawy.com\/blog\/wp-content\/uploads\/2019\/11\/emaar.gif\",\"articleSection\":[\"Nawy News\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.nawy.com\/blog\/2300-emaar-invests-40-billion-le\",\"url\":\"https:\/\/www.nawy.com\/blog\/2300-emaar-invests-40-billion-le\",\"name\":\"Emaar invests 40 Billion LE - Nawy\",\"isPartOf\":{\"@id\":\"https:\/\/www.nawy.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.nawy.com\/blog\/2300-emaar-invests-40-billion-le#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.nawy.com\/blog\/2300-emaar-invests-40-billion-le#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.nawy.com\/blog\/wp-content\/uploads\/2019\/11\/emaar.gif\",\"datePublished\":\"2020-11-23T14:40:54+00:00\",\"dateModified\":\"2020-11-23T14:40:56+00:00\",\"description\":\"Learn more about Emaar investments in Egypt right here through CooingEstate.com. 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