List of News

Aldar Properties PJSC, Abu Dhabi’s leading listed property development, investment and management company, has awarded an enabling and piling works package to Dutch Foundations for Saadiyat Grove, a new AED 8 billion development with a 242,000 sq m inclusive community at the heart of Saadiyat Island’s Cultural District in Abu Dhabi. Saadiyat Grove will feature 60,000 square metres of experiential retail, entertainment, and leisure space designed to create an inclusive community, as well as 3,706 residential units, 170 of which will be branded residential units. There will also be a selection of hotels, and co-working spaces designed to support new enterprises and startups, and to promote a culture of entrepreneurship. Phase One of Saadiyat Grove will include 606 residential units and around 200 retail units, supported by a range of amenities such as gyms, pools, kids play areas, community gardens and a running track that will connect the whole project. Dutch Foundations have started enabling and piling works for Phase One of the project with an expected completion date in the first half of 2020.

Dr. Moustafa Madbouli – Prime Minister was inspecting the final stages of Cairo Metro Line 3 – Phase 4B. He was accompanied with Lieutenant General Kamel El Wazir – Minister of Transport, Major Gen. Khaled Abdel Aal – Cairo Governor, Dr. Essam Wali - Chairman of the National Authority for Tunnels, Eng. Mohsen Salah – CEO and Chairman of the Arab Contractors Company, Eng. Osama Bishai — CEO of Orascom Construction, Eng. Eman Soliman - AC Board Member, Eng. Osama Moustafa – Manager of JV of the Arab Contractors Company and Orascom Construction, Eng. Ahmed Shawki – Commercial Manager of the JV and Eng. Abdel Hay Badawy – Project Manager. Before starting his inspection tour, Prime Minister emphasized that this visit comes within the framework of the governmental efforts to develop all the utilities of the transport sector, serve the development objectives and contribute to facilitating the life of the citizens. He pointed out that the utility of the metro is an important vital artery which transports millions of passengers daily. He added that there are assignments from President Abdel Fattah El Sisi to complete all the phases of the metro and improve its services in accordance with taking all the necessary precautions procedures to confront the virus in the various worksites. The Minister of Transport declared that Cairo Metro Line 3 – Phase4B total length is 7.8km, it includes 6 higher stations: El Nozha - Hesham Barakat –Omar ibn El Khatab – Qebaa – Haykesteb – Adly Mansour. The operation tests and final stages for the stations will be completed to settle the service plan upon the arrival of the required testing equipment and the foreign experts to issue the safety operation certificate especially within the crisis of Novel Coronavirus. The Transport Minister pointed out that Cairo Metro Line 3 resembles the linkage between Line 1 which is the oldest line of the metro network which interchange the service with it in Nasser Station; Line 2 which interchange the service with it in Attaba and Cairo University stations. In addition to theses, Line 3 interchanges with the Monorail of the New Administrative Capital in Stad station and exchanges the passengers’ service with Monorail of 6 October in Wadi El Nil station. It is the linkage with the LRT (El Salam/ New Administrative Capital) in Adly Mansour station. He stated that the political leadership instructions regarding the metro based on continuing the implementation works and development of the metro according to the highest standards and specifications, especially with the importance of the metro projects as one of the main solutions to achieve traffic liquidity and ease the movements of the citizens. He pointed out that the total cost of Cairo Metro Line 3 reached 97 billion EGP. He added that the implementation of Cairo Metro Line 3 - Phase 3 is ongoing. It extends from Attaba to El Kit Kat; then it branched toward the north to the final station at Rod El Farag Axis and at the south to Cairo University with a length of 17.7km, it includes 15 stations. It is divided into 3 parts: The first part with a total length 4km from Attaba to El Kit Kat; it includes 4 underground stations: Gamal Abdel Nasser – Maspero – ElZamalek – El Kit Kat; it is scheduled to be inaugurated on December 2021. The second part: 6.6km length; extends from El Kit Kat to the interchange station at Rod El Farag Axis. It includes 6 stations (a ground station: El Sudan, 4 higher stations: Imbaba - El Bohy – El Qawmia El Arabia and the Ring Road, at-grade station: the interchange station at Rod El Farag Axis. It is scheduled to be inaugurated on June 2022. The third part: 7.1km length; extends from El Kit Kat to Cairo University station. It includes 5 stations (3 ground station: El Tawfikia– Wadi El Nile – Gameat El Dewal, a higher stations: Cairo University, at-grade station: Boulak El Dakrour. It is scheduled to be inaugurated on April 2023. Dr. Moustafa Madbouli listened to a brief explanation from the Head of NAT about the strategic plan of the electric traction means for Greater Cairo; which includes the metro lines, LRT, Monorail of the New Administrative Capital and the Monorail of 6 October City. During his tour in El Nozha station, the Prime Minister and his companions inspected the ticket windows, the entry and exits gates. The first electronic wallet card was printed from this station to the Prime Minister to pass from the entry gate to the station platform. Then, Dr. Moustafa Madbouli and his companion ride the test locomotive and passed the stations of Hesham Barakat – Qebaa - Omar ibn El Khatab – Haykesteb – Adly Mansour interchange station which is considered a model for Multimodal Transport that it will include CML3, shuttle bus of LRT and the railway of Ain Shams/Suez. The Transport Minister inspected the implementation works for the workshop of CML3, its total area is 65 feddans … it is considered the biggest workshop in Middle East and Africa. It includes a huge garage built upon 20000 which comprises 15 railways; each one of them accommodates 2 trains with a total of 30 trains. It is a noteworthy that the Phase 4A was opened to the public; it extends from Haroun/Nadi El Shams with a length of 3.7km, it includes 4 underground stations which divided into 2 phases: the first phase in June 2019 and includes 3 stations: Haroun - Nadi El Shams – Alf Maskn. The second phase includes the inauguration of Heliopolis station in October 2019. The total length of Cairo Metro Line 3 – Phase 4 reached 11.5km. by the end of his inspection tour the Prime Minister praised the workers commitment in the different worksites with the precautionary procedures to avoid Coronavirus. He praised the implementation rate. He directed to quickly accomplished the project which contribute to eliminate the traffic problems and achieve the required ease for the movements of the citizens.