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    UN: Humanitarian crisis will affect 17.3 million people in Yemen

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      Crucial days ahead as debt ceiling deal goes for vote and Biden calls lawmakers for support

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        Sisi attends selection of candidates for Education Ministry jobs

        Sisi attends selection of candidates for Education Ministry jobs

        Re-affirmation: Private sector vital to development

        Re-affirmation: Private sector vital to development

        Egypt represented at NDB annual meeting in Shanghai

        Egypt represented at NDB annual meeting in Shanghai

        Refugees in Egypt get free privileges, equal rights

        Refugees in Egypt get free privileges, equal rights

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        Decent Life Foundation sponsors talented sculptor

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        Biden, Erdogan discuss co-operation as NATO Allies over phone

        Biden, Erdogan discuss co-operation as NATO Allies over phone

        NEC: Seven tremors recorded over past 24 hours

        NEC: Seven tremors recorded over past 24 hours

        UN: Humanitarian crisis will affect 17.3 million people in Yemen

        UN: Humanitarian crisis will affect 17.3 million people in Yemen

        10th airplane of Saudi relief airlift arrives in Sudan to help Sudanese people

        10th airplane of Saudi relief airlift arrives in Sudan to help Sudanese people

        China launches Shenzhou-16 manned spaceship

        China launches Shenzhou-16 manned spaceship

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        MCIT minister: We seek to turn Egypt into int’l hub for IT specialisations

        MCIT minister: We seek to turn Egypt into int’l hub for IT specialisations

        First ‘We’ tech school in New Valley

        First ‘We’ tech school in New Valley

        Google withdraws ‘Slavery Simulator’ game app after Brazil outcry

        Google withdraws ‘Slavery Simulator’ game app after Brazil outcry

        How to ensure you don’t lose data from old Google accounts?

        How to ensure you don’t lose data from old Google accounts?

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        WhatsApp allows users to edit sent messages

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        Netflix expands password-sharing crackdown worldwide

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          Re-affirmation: Private sector vital to development

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          Egypt represented at NDB annual meeting in Shanghai

          New cities investment expansion

          New cities investment expansion

          Crucial days ahead as debt ceiling deal goes for vote and Biden calls lawmakers for support

          Crucial days ahead as debt ceiling deal goes for vote and Biden calls lawmakers for support

          Egyptian bourse indexes up at trading closing

          Egyptian bourse indexes up at trading closing

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          Egyptian par’lt gives final approval to amending Income Tax Law

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            Kerley grabs Rabat Diamond League

            Djokovic, Alcaraz cruise at French Open

            Djokovic, Alcaraz cruise at French Open

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            Decent Life Foundation sponsors talented sculptor

            Decent Life Foundation sponsors talented sculptor

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            Live-action ‘Little Mermaid’ debut makes box office waves

            Live-action ‘Little Mermaid’ debut makes box office waves

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            Exhibition highlights Egyptian industrial heritage

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          Home Business Real State

          Capriole the 1st to sell LINX after finalizing 35% constructions

          The developer was in compliance even before the issuance of the presidential directive.

          by Hamed Mahmoud
          August 30, 2021
          in Real State
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          Capriole the 1st to sell LINX after finalizing 35% constructions
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          Even before the issuance of presidential directive prohibiting the promotion of  real estate projects with completion rates of less than 30 percent, Capriole Group outstripped rivals, as it was the first developer to put up for sale a project  in the New Administrative Capital  upon the completion of  35%  of construction works.

          Eng. Mohamed Mufeed

          Reaching that level of completion at its project LINX complex without having to do any marketing, is an astounding feat that mirrors its solvency, seriousness and soundness of its vision for the market’s needs.

          Chairperson of Capriole Group Eng. Mohamed Mufeed unveiled that the company’s vision keeps pace with that of the state and President Abd El Fattah El Sisi. “Capriole was desirous to expand in the Egyptian market since early 2000s but it delayed taking a decision until 2014 when President Abd El Fattah El Sisi took office, owing to its staunch confidence in his own vision for development in Egypt.”

          “The presidential directive demanding developers to build before putting up any project for sale will incentivize serious companies and will protect clients.”

          Once the company put up the New Administrative Capital’s LINK complex for sale, reservation rates jumped to 50 percent, as the company is studying these orders in view of its keenness to attract both Int’l companies and upscale brands.

          LINX complex, spanning an area of 7635 m, occupies a prime location in NAC’s MU23 District, betwixt the two neighborhoods of R2 and R3 and in close proximity to Embassy Neighborhood and the Central Businesses District.

          LINX, a commercial administrative and medical complex, consists of 12 stories with two underground floors. The basement and the first floor are made up of 51 commercial units. Floors, from 2 to 9, include 270 administrative and medical units with investments worth EGP1,5bn.

          The underground built-up area (garages) spreads over 22,500m, whereas on-the-surface built-up area spans 15,200m. The administrative units varies from 48m to 2300m, constituting a wholesome floor. The commercial units and clinics start off at 27m and 54m respectively. Fully finished administrative and medical units with air-conditioners are set to be handed over.

          Mahmoud Abd El Halim

          Mr. Mahmoud Abd El Halim, chairperson of MREC taking charge of managing the commercial sector at Capriole Group and the marketing sector at LINX complex, said that MREC has come up with a new system for marketing in the New Administrative Capital. The system provides clients with a real estate portfolio, the first of its kind, and refers to the purchase of a shop, a clinic and an office at EGP5, 5mln in a separate contract and a down-payment of EGP300,000 .

          Innovative marketing techniques have been mulled over so as to create products and offers that meet the demands of clients searching for investments and provide them with highest returns on investment, he explained.

          Int’l codes have been observed while carrying out the project. For instance, warehouses apply world-class specifications and requirements.

          Spaces have been largely utilized to the maximum extent, as LINX is equipped with state-of-the-art services, such as the Integrated Security System, CCTV, BMU, FA and BM, together with a waste management system, solar cells and 8 elevators.

          Tags: CaprioleLINXNAC
          Hamed Mahmoud

          Hamed Mahmoud

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