UAE’s Diamond Developers eyes $97mln new projects in Egypt

  • Date: 22-Sep-2023
  • Source: Zawya
  • Sector:Real Estate
  • Country:UAE
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UAE’s Diamond Developers eyes $97mln new projects in Egypt

UAE’s Diamond Developers eyes $97mln new projects in EgyptWORLDMiddle EastAfricaIndian Sub-continentChina and Asia Pacific UK and EuropeAmericasRussiaECONOMYGlobalGCCAfricaLevantNorth AfricaISLAMIC ECONOMYIslamic FinanceIslamic BusinessIslamic Finance ReportsIslamic Finance GlossaryBUSINESSAviationBanking & InsuranceCareersEducationEnergyFintechHealthcareHospitalityManufacturingReal EstateRetail & ConsumerTechnology and TelecomTransport and LogisticsTravel and TourismSMEsFinance MarketingTechnologyLegalPeopleMARKETSCommoditiesCurrenciesEquitiesFixed IncomeWEALTHAlternative InvestmentsFundsWealth ManagementSustainabilityLEGALCrime and SecurityImmigrationPolicy RegulationsLIFECultureEntertainmentFoodHealthLeisure & TravelSportsOPINIONBusiness InsightsPROJECTSBRIConstructionIndustryMiningOil & GasUtilitiesSPECIAL COVERAGERamadan and Eid 2023COP 28: Talking Climate in UAEUAE Realty MarketThe Future of CryptosFocus: Global Wealth FundsRussia-Ukraine CrisisMULTIMEDIAGalleriesVideosPRESS RELEASE Companies NewsGovernment NewsPeople in the NewsResearch & StudiesEvents and ConferencesAfrica Press ReleasesAsia Press ReleasesHome page>PROJECTS>Construction>UAE’s Diamond Developers...PHOTOArab Finance: The UAE-based real estate developer Diamond Developers is planning to inject EGP 3 billion to develop new projects in the Egyptian market in the near future, CEO Abdul Rahman Ajami told Asharq Business on September 20th.In 2021, the company was targeting investment worth EGP 15 billion in Egypt, EGP 12 billion of which were invested in East Cairo, he added.Moreover, Ajami noted that Diamond is eyeing investment opportunities in West Cairo and North Coast.Copyright © 2022 Arab Finance Brokerage Company All rights reserved. Provided by SyndiGate Media Inc. (Syndigate.info).MOST READ1.Oman’s SalamAir halts India operations, with UAE flights also affected 2.UAE central bank hits pause on interest rate hikes 3.UAE unveils new F&B platform to drive investments,