The Minister of Public Business Sector Visits Nasr Housing and Inspects the Mokattam Corniche and Middle Plateau Project
During the visit, the minister met with the companys executive officials to review workflow, performance indicators, and the current status of projects, which include the Mokattam, Maadi, October, and Fifth Settlement areas. Discussions also covered future plans, the utilization of company assets and lands, partnerships with the private sector, marketing strategies, sales processes, and customer services. The meeting was attended by Essam Abdel Fattah, Acting Executive Managing Director of the Holding Company for Construction, and Engineer Mohamed Abdel Maqsoud, Executive Managing Director of Nasr Housing and Development.
The Minister of Public Business Sector follows up the executive website of the Holding Company for Construction and Development projects
During His Regular Meeting with Subsidiary Company Heads...Minister of Public Enterprise Sector Reviews the Execution Status of Projects by the Holding Company for Construction and Development Eng. Mohamed Shimi: Strengthening Subsidiary Contributions to Egypts Urban Renaissance and Expanding into International Projects Eng. Mohamed Shimi, Minister of Public Enterprise Sector, chaired an extensive meeting with the heads of subsidiary companies under the Holding Company for Construction and Development. The meeting aimed to monitor the progress of ongoing projects, ensure real advancement in their implementation, and explore ways to enhance performance and increase productivity across various companies. During the meeting, the monthly financial and technical performance indicators were reviewed for companies operating in fields such as contracting, real estate development, asset management, projects, engineering consultancy, agricultural and livestock production, and marketing. The meeting also assessed the progress of ongoing projects, discussed the challenges faced by these companies and their possible solutions, and reviewed future plans, visions, and mechanisms to improve productivity, efficiency, and service quality. Eng. Shimi highlighted the critical role of the construction and building sector in implementing national projects, including infrastructure initiatives that serve as a foundation for developing the national economy. He pointed out that these companies possess significant capabilities and resources, making them essential pillars for achieving sustainable growth and comprehensive development. He further explained that the ministry is committed to mobilizing all possible resources to support this sector, including leveraging the substantial assets owned by subsidiary companies to maximize their contributions to major developmental projects. The minister also emphasized the need for continuous coordination and greater integration among the subsidiary companies to maximize returns from these assets and expand the scope of projects in both local and international markets. He stressed the importance of accelerating project execution, adhering to set deadlines, and ensuring high-quality work and superior services for clients. This, he added, reflects the ability of subsidiary companies to actively contribute to the urban renaissance currently taking place across all regions of Egypt.
Launching of the Capella project in Zahraa El Maadi
#Al-Nasr_Housing_and_Construction_Company, in partnership with #ims_real estate_development_company, announces the launch of the first phase of the Capella Residenc project in the city of #Miraj #Zahraa_Al-Maadi With a 20% down payment and facilities up to 6 years without interest With areas starting from 93 sqm to 156 sqm Steps from Hasaballah Al-Kafrawy Axis and L50 Street A mini compound on an area of 10,000 square meters that has everything you are looking for Security and guarding Green surfaces Garages Close to all major roads and axes For all details and payment systems, 19643 01010011164 -01010011165
Launching of the Lamara project in Zahraa ElMaadi
With vision and experience in the field of real estate development, Al-Nasr Housing and Development Company, in cooperation with Ali Al-Khaja Real Estate Development Company, offers the Lamara Maadi project an integrated residential experience in the heart of Zahraa Al-Maadi, combining modern luxury with a strategic location. This project reflects the passion for innovation and quality to provide an exceptional life that suits your dreams. .
Latest developments regarding the partnership contract between Al-Ahram Press Foundation and Al-Nasr Housing and Development Company
Mr. Dr. Hani Soliman received the CEO and Managing Director of the Holding Company for Construction and Development And Mr. Engineer / Mohamed Abdel Maqsoud, CEO and Managing Director of Al-Nasr Housing and Development Company Mr. Dr. Mohamed Fayez, Chairman of the Board of Directors of Al-Ahram Press Foundation, and the delegation accompanying His Excellency: Mr. Dr. Ahmed Mukhtar, Undersecretary of the National Press Authority Mr. Dr. Saeed Ghoneim, Director General of Al-Ahram Press Foundation Mr. Major General Wahid Asaad, Director of Public Relations Mr. Counselor/ Ahmed El-Nahhas, legal advisor to Al-Ahram Foundation Where Mr. Dr. Hani Salman expressed his happiness in cooperating with Al-Ahram Press Foundation and the legacy of that national institution throughout history. He also pointed out that the Ministry of Business Sector, represented by the Holding Company for Construction and Development, seeks to optimally exploit the portfolio of lands it owns and the necessity of cooperation and partnership with the private sector and benefiting from All assets owned by the state in accordance with the directives of His Excellency Mr. President Abdel Fattah El-Sisi, President of the Republic. His Excellency also indicated that the companies affiliated with the Holding Company for Construction and Development possess many distinguished resources, mechanisms and human resources, as a strategic plan has been developed to advance and develop these companies in accordance with market mechanisms in order to achieve economic growth rates. During the coming period - Mr. Dr. Mohamed Fayez, Chairman of Al-Ahram’s Board of Directors, expressed his great happiness, warm reception and generous hospitality, and stressed the necessity of increasing joint cooperation between the two sides in other projects, given that Al-Nasr Housing and Development Company and the companies affiliated with the Holding Company for Construction and Development have great experience in the real estate industry as well. His Excellency indicated that Al-Ahram Press Foundation seeks during this period to diversify its sources of income through optimal exploitation of all assets owned by it. The meeting discussed the latest developments regarding the partnership contract between Al-Ahram Press Foundation and Al-Nasr Housing and Development Company regarding the development and construction of a plot of empty land owned by Al-Ahram Foundation, with an area of approximately 12,200 square meters, in Area S of the Upper Plateau in Mokattam. Where Mr. Engineer/Mohamed Abdel Maqsoud stated that the city of Mokattam has, during the past period and to date, taken great interest from the political leadership in developing and growing the city of Mokattam, through developing and modernizing the infrastructure and establishing many main roads and axes that made the city of Mokattam the heart of Cairo, which made it a point Attracted again by investors His Excellency reported the approval of the concerned authorities to add an additional number of 2 floors to the permitted height in accordance with the building requirements for the aforementioned plot of land, so that it becomes a basement and ground floor and 6 recurring floors in addition to the roof rooms instead of a basement, ground, and 4 recurring floors, and the activity of the aforementioned plot of land changes from residential to integrated urban activity ( Residential - administrative - commercial), which means a significant increase in the project’s revenues. His Excellency indicated that the architectural designs for the project are being completed, as the company is conducting designs for a new architectural style that is commensurate with the project’s location and the demographic nature of the city of Mokattam. His Excellency praised the work team from both sides for their efforts and stressed the need for more cooperation for the success of this partnership and to discuss further cooperation in other projects. The following were attended by Al-Nasr Housing and Development Company: Mr. Accountant/Osama Al-Naqeeb, Managing Director of Financial Affairs Mr. Eng. Mahmoud Abdel Basset, Assistant Chairman of the Board of Directors for Projects Mr. Sameh Tayseer, Head of the Real Estate Sector Mr. Accountant/ Faraj Namis, Director of Marketing Department
Launching of the Aali project in Mokattam
Al-Nasr Housing and Development Company, in partnership with Okiana Company, announced the start of the reservation process for their huge project (Upper Mokattam), located in the Upper Plateau area of Mokattam. The Upper Mokattam project is one of the largest integrated residential projects in Cairo, extending over an area of 40,000 square metres.
Holding the companys general assembly
The ordinary and extraordinary general assembly of Al-Nasr Housing and Development Company was held on Wednesday, headed by Dr. Hani Othman Soliman, the executive member of the holding company and acting Chairman of the Board of Directors, to approve the budget for the fiscal year 2022-2023, and the financial position statement and income statement were approved on 30- 6-2023.
Visit of His Excellency Dr. Mahmoud Esmat, Minister of Public Business Sector
The visit of His Excellency Dr. Mahmoud Esmat, Minister of the Public Business Sector, to Al-Nasr Housing and Development Company, affiliated with the Holding Company for Construction and Development, in the presence of Engineer Hani Othman, President of the Holding Company, and Engineer Mohamed Abdel Maksoud, President of Al-Nasr Company, to review the progress of work, the rates of project implementation in the Mokattam region, and the modernization and development plan.
Appointing a new member to the company’s Board of Directors
The Holding Company for Construction and Development appointed Mr. Major General Jalal Sayyed Al-Ahl instead of Mr. Engineer Ahmed Fouad to the membership of the Board of Directors of Al-Nasr Company as its representative for public funds.
AIIB Annual Meeting
Intensive activity by Mr. Engineer / Mohamed Abdel Maqsoud, CEO and Managing Director of the company, during the Asian Bank conference in Sharm El-Sheikh. His Excellency met, in the presence of Mr. Accountant / Osama Al-Husseini, Managing Director for Financial and Administrative Affairs at the Holding Company for Construction and Development, an elite group of Egyptian, Arab and foreign financiers and businessmen to discuss ways to Partnership with international partners to benefit the company
Appointment of Dr. Hani Suleiman as Executive Managing Director of the Holding Company for Construction and Development
Dr. Mahmoud Esmat, Minister of the Public Business Sector, issued a decision appointing Dr. Hani Othman Soliman as Executive Managing Director of the Holding Company for Construction and Development and acting Non-Executive Chairman of the Board of Directors. Dr. Hani Othman Soliman is a professor at the Faculty of Engineering at Zagazig University and worked in the Engineering Consulting Group in Qatar for about 17 years old