{"id":321124,"date":"2021-02-16T13:35:28","date_gmt":"2021-02-16T13:35:28","guid":{"rendered":"https:\/\/egy-africa.com\/en\/?p=321124"},"modified":"2021-02-16T13:35:28","modified_gmt":"2021-02-16T13:35:28","slug":"abu-dhabis-aldar-properties-to-invest-in-egyptian-real-estate-market-in-2021","status":"publish","type":"post","link":"https:\/\/egy-africa.com\/en\/2021\/02\/16\/abu-dhabis-aldar-properties-to-invest-in-egyptian-real-estate-market-in-2021\/","title":{"rendered":"Abu Dhabi’s Aldar Properties to invest in Egyptian real estate market in 2021"},"content":{"rendered":"

The UAE\u00a0Aldar Properties\u00a0Company\u00a0sees great opportunities in the real estate market in Egypt,\u00a0and\u00a0intends to enter it during\u00a02021, according to\u00a0CEO\u00a0of the company\u00a0Talal Al-Dhiyebi.<\/p>\n

Al-Dhiyebi explained\u00a0in a a TV interview\u00a0that the company was seeking to enter the Egyptian market\u00a0in 2020, but the\u00a0coronavirus\u00a0pandemic hindered this matter, and plans to enter it were postponed until this year.<\/p>\n

He noted that his company will pump about 2 billion dirhams during 2021 to carry out new acquisitions and expansions.<\/p>\n

CEO of Aldar noted\u00a0that the company sees opportunities in the local market in the various fields in which it operates.<\/p>\n

He emphasized that the company’s financial capacity is good and its liquidity is sufficient to implement the planned projects during the current year.<\/p>\n

Al-Dhiyebi pointed out that if the company needs more liquidity, it can resort to borrowing, noting that the proportion of its debt is around 8 billion dirhams.<\/p>\n

Regarding the company’s sales, he said that it exceeded\u00a01\u00a0billion dirhams from the sales of the Nawaya project, bringing the company’s total sales in 2020 to 3.6 billion dirhams.<\/p>\n

Al-Dhiyebi noted that the real estate market in Abu Dhabi is witnessing a greater balance between supply and demand, pointing out that the largest real estate sector affected, the hotel sector, which is the least sector in the Aldar company, expecting a greater time to recover compared to other real estate sectors.<\/span><\/p>\n

Aldar, which is based\u00a0in Abu Dhabi, UAE,\u00a0operates within the Real Estate sector focusing on\u00a0diversified\u00a0real\u00a0estate\u00a0activities.<\/p>\n","protected":false},"excerpt":{"rendered":"

The UAE\u00a0Aldar Properties\u00a0Company\u00a0sees great opportunities in the real estate market in Egypt,\u00a0and\u00a0intends to enter it during\u00a02021, according to\u00a0CEO\u00a0of the company\u00a0Talal Al-Dhiyebi.<\/p>\n","protected":false},"author":4,"featured_media":320746,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[29],"tags":[],"class_list":["post-321124","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-real-estates"],"yoast_head":"\nAbu Dhabi's Aldar Properties to invest in Egyptian real estate market in 2021 - egy-africa<\/title>\n<meta name=\"description\" content=\"The UAE\u00a0Aldar Properties\u00a0Company\u00a0sees great opportunities in the real estate market in Egypt,\u00a0and\u00a0intends to enter it during\u00a02021, according to\u00a0CEO\u00a0of the company\u00a0Talal Al-Dhiyebi.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/egy-africa.com\/en\/2021\/02\/16\/abu-dhabis-aldar-properties-to-invest-in-egyptian-real-estate-market-in-2021\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Abu Dhabi's Aldar Properties to invest in Egyptian real estate market in 2021 - 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