Oct 04 2011 |
more articles from
|
Qatar's Barwa RE Set To Invest EGP50B In Egypt Project -Report
Tuesday, Oct 04, 2011
BEIRUT (Zawya Dow Jones)--Barwa Real Estate Co., Qatar's largest publicly-traded property developer, is looking at investing 50 billion Egyptian pounds ($8.39 billion) in its project in New Cairo city that covers an area of about 8.5 million square meters, Doha-based Al Arab daily reports Tuesday.
A delegation from Barwa has recently met with the company's executive management in Egypt to discuss allowing Egyptian contractors to participate in the project, the paper reports citing Abdullah Bin Abdulaziz, Barwa Group's chief executive.
The delegation wanted to follow up the project's first phase which comprises the project's administrative and commercial aspects and to determine the investments that will be injected in the Egyptian market over the coming years, the daily reports.
-By Beirut Bureau, Zawya Dow Jones; +961-1-985 757; BeirutZDJ@zawya.com
(END) Dow Jones Newswires
04-10-11 0813GMT
Zawya Comment Policy
-
Zawya encourages you to add a comment to this discussion. You agree that when you add content to this discussion your comments will not:
1.1 Contain any material which is libelous or defamatory of any person, is obscene, offensive, hateful or inflammatory or causes damage to the reputation of any person or organisation.
1.2 Promote sexually explicit material, violence, discrimination based on race, sex, religion, nationality, disability, sexual orientation or age or any illegal activity.
1.3 Be made in breach of any legal duty owed to a third party, such as a contractual duty or a duty of confidence.
1.4 Be threatening, abuse or invade another's privacy, or cause annoyance, inconvenience or needless anxiety.
1.5 Be used to impersonate any person, to misrepresent your identity or affiliation with any person, or be likely to deceive any person.
1.6 Give the impression that they represent Zawya.
1.7 Advocate, promote or assist any unlawful act such as (by way of example only) copyright infringement or computer misuse. - The content posted on www.zawya.com is created by members of the public. The views expressed are theirs and unless specifically stated are not those of Zawya. Zawya reserves the right to review all comments prior to posting and edit or delete any contribution, but Zawya is not responsible for and can not be held liable for any content posted by members of the public on www.zawya.com.
- Zawya is not responsible for the availability or content of any third party sites that are accessible through www.zawya.com. Any links to third party websites from www.zawya.com do not amount to any endorsement of that site by Zawya and any use of that site by you is at your own risk.
- By submitting your comment, you hereby give Zawya the right, but not the obligation, to post, air, edit, exhibit, telecast, webcast, re-use, publish, reproduce, use, license, print, distribute or otherwise use your comments worldwide, in perpetuity.
Copyright © 2012 Zawya Ltd. All rights reserved. |
provided by www.zawya.com |
Post Your Comment