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2008 News
April
Pessimism Rises as Kuwait Nears Polls
Arab Times- Kuwait
April, 2008
On account of its interest for monitoring the economic situation in Kuwait, “ARA Research & Consultancy” issues a monthly Consumer Confidence Index, in collaboration with the “Arab Times” newspaper and under the sponsorship of the “Lexus” trademark.
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DAMAC Properties First ISO Certified Real Estate Development Company in Egypt
AME Info
April 29, 2008
DAMAC Properties, the largest private sector luxury developer in the Middle East, has achieved the ISO 9001:2000 certification for its Egypt operations.
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Homes Overseas Adds New Buying Property Guide for Egypt
PR Leap
27 April, 2008
(PRLEAP.COM) Home Overseas, leading overseas property experts, are proud to announce a new extensive guide to Buying Property in Egypt, penned for those interested in this North African state as an investment avenue.
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Revisiting Success
Al Ahram Weekly
April 24, 2008
When, 26 years ago tomorrow, President Hosni Mubarak raised the Egyptian flag in Sharm El-Sheikh it signalled the return of the Sinai Peninsula to Egyptian sovereignty.
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Eyes on Egypt
Gulf Weekly
April 23, 2008
Interest in the investment property market in Egypt is beginning to awaken as the wider world becomes aware of the investment opportunities and incentives available.
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More Than 11 m Flats are Uninhabited
Al Alam Al Youm
Wed. April 23, 2008
More than 11 Million residential units in Egypt are left abandoned and uninhabited, revealed by an Egyptian business man.
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Al Futtaim launches $9bn Cairo Festival City
AME Info
April 22, 2008
UAE-based Al Futtaim Group has announced plans to develop Cairo Festival City, a three million square metre mixed-use development in the Egyptian Capital.
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Dubai's Futtaim to Build $9 bln Cairo Complex -Paper
Reuters
April 22, 2008
CAIRO - Dubai developer Al Futtaim Group will develop a $9 billion complex near Cairo including villas, a shopping centre and a luxury hotel, a newspaper reported on Tuesday.
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Amlak Finance and Real Estate Investment Gains Significant Market Share in Egypt
ِAME Info
April 19, 2008Amlak Finance and Real Estate Investment, a wholly owned subsidiary of Amlak Finance PJSC, the largest real estate financier in the Middle East, announced today that it gained a significant market share in Egypt, achieving disbursements exceeding EGP130m for Q1 2008.
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Qatari Diar Spend in Egypt Tourism, Realty Crosses $6bn
Gulf Times
17 April, 2008
Doha: Qatari Diar’s investments in Egypt have exceeded $6bn, making it one of the largest investors in the African nation’s tourism and real estate sectors.
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Dubai's Tamweel Could Borrow to Finance Egypt Unit
DUBAI (Reuters)
April 15, 2008
Dubai-based Islamic mortgage lender Tamweel said on Tuesday it is on track to open an Egyptian unit by July and could borrow funds in Egyptian pounds to finance expansion in the most populous Arab nation.
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Interest in the Investment Property Market in Egypt is Beginning to Awaken as the Wider world Becomes Aware of the Investment Opportunities and Incentives Available.
Reuters Africa
April 15, 2008
DUBAI (Reuters) - Dubai-based Islamic mortgage lender Tamweel said on Tuesday it is on track to open an Egyptian unit by July and could borrow funds in Egyptian pounds to finance expansion in the most populous Arab nation.
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Palm Hills Developments S.A.E. Announces Intention to Float
AME Info
April 7, 2008
Palm Hills Developments S.A.E. (PHD or the Company), a leading real estate developer in the Egyptian market, today announces its intention to conduct a global offering (the Global Offering) of ordinary shares (Shares) and global depositary receipts (GDRs).
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