Dubai's Emaar Properties expects the listing of its retail unit to occur within months, while it is also preparing its Egyptian unit for an initial public offer in Egypt, Emaar chairman Mohammed Alabbar said on Sunday.
Emaar Properties' Egyptian subsidiary, Emaar Misr, will spend up to 6 billion Egyptian pounds ($861.91 million) on a residential and commercial project in Cairo after signing a protocol with Egypt's government, it said in a statement.
Property group Emaar Misr expects to hand over 1,800 units to customers in Egypt next year, its general manager was quoted on Wednesday as saying, boosting income at a time its parent's home market in Dubai has flagged.
Emaar Misr, a unit
Emaar Misr, a subsidiary of Emaar Properties, has begun construction of a new road infrastructure development that will connect Uptown Cairo, its master-planned community, to key destinations in central and greater Cairo.
Emaar Misr, a subsidiary of global property developer Emaar Properties, said the first residences under phase I of its key projects - Uptown Cairo and Marassi - will be handed over by the end of this year.
'The excitement is building u
Emaar Misr, the subsidiary of Emaar Properties, has unveiled a dedicated residential village for the Egyptian diplomatic community in Mivida, the integrated lifestyle development in the fifth district of New Cairo City.
The EGP5.75 billion
Emaar Misr, a subsidiary of Dubai-based Emaar Properties, has awarded Orascom Construction Industries (OCI), a contract worth more than EGP300 million ($54.5 million) for work on homes in a development on Egypt's north coast.
Emaar Misr, the wholly-owned subsidiary of Emaar Properties, introduced the ‘Intelligent Real Estate’ concept at the Cairo ICT Exhibition held recently.
Smart solutions for both home and office that are available at Emaar Misr’s integrated
Emaar Misr is showcasing the masterplans submitted by 10 firms chosen for an international competition for masterplanning and designing the Sheikh Khalifa City, at the company's sales centre.
Sheikh Khalifa City is being developed unde
Emaar Misr, the country subsidiary of global property developer Emaar Properties, has recorded further customer interest in Marassi, its pioneering master-planned resort development at Sidi Abdel Rahman bay in Egypt.
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