, we do not have any concerns on the article because the ministerial decree is very important and the main condition to launch the project and obtaining other permits come after that," said Dowidar.
Bassil Shaera, deputy general manager of Polaris International Industrial Parks -- an industrial developer -- said that PZIP has launched an alliance with ARDIC
, SIAC, and businessperson Mohamed Qasem to develop 5.
targets to implement an in residential project that includes services such as schools, hospitals, administrative and commercial buildings, swimming pools, and a spa.
2bn to EGP 3bn after the pound flotation, according to Ashraf Dowidar, CEO of ARDIC
for Real Estate and Development.
negotiates with the SCZone to develop 2,000 feddans to establish an industrial project.
, Abdullah KILIC *, Nalan Yagmur CIVICI ** Gulhane Askeri Tip Akademisi, Turk Silahli Kuvvetleri Rehabilitasyon ve Bakim Merkezi, Mikrobiyoloji Laboratuvar/, Ankara, Turkiye
With time, problems surface, according to Ashraf Dowidar, CEO of ARDIC
for Real Estate Development.
Ayse SARSAN, Hakan ALKAN, Sevin BASER *, Necmettin YILDIZ, Merih OZGEN **, Fusun ARDIC
Ashraf Dowidar, CEO of ARDIC
for Real Estate Development, told Daily News Egypt that the company raised its prices by 25%, adding that this increase came as a result of the contracts signed with contractors at the time of having the price of the dollar at EGP 7, but that when the company opened the door of booking units, the dollar reached EGP 12, up about 70%; and in the current period after the flotation, the dollar value reached EGP 18 and the contractors are asking for an adjustment in the price.
For his part, Ashraf Dowidar, the managing director of ARDIC
for Real Estate Development, said that the law contains many positives, including all the benefits of other investment laws.
Necmettin YILDIZ, Hakan ALKAN, Nuray AKKAYA, Necdet CATALBAS, Fusun ARDIC
Daily News Egypt interviewed Ashraf Dowidar, the managing director of ARDIC
for Real Estate Development, to talk about the company's projects and expansion plans.