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Wadi Degla to invest EGP 5.3bn in construction projects in FY 2020

Wadi Degla Holding will invest EGP 5.3bn in construction projects in the fiscal year (FY) 2019/20, Invest-Gate cited the Chairperson and CEO of Wadi Degla, Maged Helmy. During a roundtable discussion, Helmy announced 2019 as the Year of Accomplishments and Deliveries since Wadi Degla will deliver around 2,200 units in seven residential and touristic projects, in …

Shaimaa Al-Aees

Wadi Degla embarks on Promenade Maadi with investments of EGP 350m 

Wadi Degla Developments has commenced work on new luxury residential compound, Promenade Maadi, in a prime uphill location in Zahraa El Maadi in front of Wadi Degla SC. Maged Helmy, chairperson and CEO of Wadi Degla Holding, said in press statement that Promenade Maadi, to be built on an area of 34,000 sqm, will have 300 …

Shaimaa Al-Aees

Due diligence for RECAP and Wadi Degla partnership to be completed this year

Eman Sadek, the director of investor relations at RECAP Financial Investments—the real estate arm of Naeem Holding—said that the due diligence examination for a partnership with Wadi Degla Developments is set to be completed this year. The company announced the partnership in August 2016, yet procedures are not completed. Sadek noted that the due diligence …

Mahmoud Abu Bakr

6 Egyptians qualify for quarterfinals of 2016 Wadi Degla PSA Men’s World Squash Championship

The 2016 Wadi Degla PSA Men’s World Squash Championship concluded its 16th round on Sunday and Monday. On Sunday, Egyptians Mohamed El-Shorbagy, Ali Farag, and Karim Abdel Gawad qualified for the quarterfinals. On Monday, another three Egyptians qualified for the quarterfinals, namely Ramy Ashour, Tarek Momen, and Fares Dessuki. Ashour was qualified to the quarterfinals …

Maya Nawar

8 Egyptians qualify for 2016 Wadi Degla PSA Men’s World Squash Championship’s 16th round

The 2016 Wadi Degla Professional Squash Association (PSA) Men’s World Squash Championship hosted its 32nd round on Friday and Saturday. Egyptian players Mohamed El-Shorbagy, Ali Farag, Karim Ali Fathi, Karim Abdel Gawad, Fares Dessuki, Ramy Ashour, Marwan El-Shorbagy, and Tarek Momen qualified for the 16th round. Fares Dessuki qualified for the 16th round after defeating …

Maya Nawar

Wadi Degla 2016 PSA Men’s World Squash Championship holds 32nd round

The Wadi Degla Professional Squash Association (PSA) Men’s World Squash Championship for 2016 began its 32nd round on Friday. Egyptian players Mohamed El-Shorbagy, Ali Farag, Karim Ali Fathi, and Karim Abdel Gawad qualified for the 16th round. Mohamed El-Shorbagy defeated Finnish player Olli Tuominen 3-0 (11-9, 11-2, and 11-8), while Ali Farag defeated English James …

Maya Nawar

128 players participate in Wadi Degla PSA Men’s World Squash Championship, 64 players participate in women’s championship

Wadi Degla Clubs has finalised its preparations for the 2016 Wadi Degla PSA Men’s World Squash Championship and Wadi Degla International Women’s Squash Championship as it is hosting and organising both events, which will take place at Wadi Degla El-Nakhil, New Cairo, from 25 October to 4 November. Karim Darwish, sports director at Wadi Degla …

Maya Nawar

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