Shaimaa Al-Aees

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Latest by Shaimaa Al-Aees


Wadi Degla to invest EGP 5.3bn in construction projects in FY 2020

Wadi Degla Holding will invest EGP 5.3bn in construction projects in the fiscal year (FY) 2019/20, Invest-Gate cited the Chairperson and CEO of Wadi Degla, Maged Helmy. During a roundtable discussion, Helmy announced 2019 as the Year of Accomplishments and Deliveries since Wadi Degla will deliver around 2,200 units in seven residential and touristic projects, in …

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Land Developers launches Armonia project in NAC with total Investment of EGP 3bn

The Land Developers (TLD), a privately-owned corporate company specialising in investment, development and management of upscale residential and commercial real estate projects, made its debut in the Egyptian market by introducing its latest project, Armonia, in the New Administrative Capital (NAC).   This is the first project announcement for the joint stock company that gathers …

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Mountain View to launch ready-to-occupy units expecting EGP 1.5bn sales

Mountain View plans to launch ready-to-occupy units in its existing projects in 2019 with expected sales of EGP 1.5bn, according to Amr Soliman, the company’s chairperson. During a press conference held Tuesday, Soliman said that his company is keen on keeping 20% of the total of every project’s units to be offered later at higher …

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Tameer achieves 64% growth in sales, profits in 2018

Tameer Engineering Consultants has achieved a growth rate of 64% in its sales and profits for 2018, totalling EGP 742m, compared to EGP 453m in 2017, according to its Chairperson, Saad Al Wazzan. The company said in press statement on Thursday that it has achieved a consolidated profit of EGP 331m before cutting a minority …

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COMESA, EU sign €10m facility to support private sector

The business community in COMESA is set to benefit from €10m kitty provided by the European Union (EU) to support increased private sector participation in regional and global value chains. This follows the signing of a financing agreement between the EU and COMESA to implement the Regional Enterprise Competitiveness and Access to Markets Programme (RECAMP). …

Shaimaa Al-Aees