Orascom Construction has announced the awarding of full educational scholarships to three Egyptian students through the “Onsi Sawiris Scholarship Program,” Invest-Gate reports.
The students will pursue undergraduate degrees at Stanford University and the University of Chicago, continuing the company’s long-standing commitment to educational excellence.
Moreover, this year marks the 24th consecutive year of the “Onsi Sawiris Scholarship Program.” Since its inception in 2000, in partnership with the Sawiris Foundation for Social Development, Orascom Construction has awarded 99 scholarships to Egyptian students.
Furthermore, past recipients have studied at top U.S. institutions, including Harvard University, Stanford University, the University of Chicago, MIT, and the University of Pennsylvania.
The program offers full scholarships to graduate and undergraduate Egyptian students, covering tuition, living expenses, travel, and health insurance.
The scholarships are also awarded based on character, financial need, and merit, with a focus on academic excellence, extracurricular involvement, and entrepreneurial spirit.
Orascom Construction emphasizes the importance of education in fostering Egypt’s economic and social development.
Notably, as part of the scholarship program, students must return to Egypt upon completing their degrees, ensuring their newfound knowledge and skills contribute to the country’s future growth.
Dear Valued Clients and Esteemed Partners,
On behalf of myself and the Board of Directors of Alio-Mar for building and construction , I am pleased to welcome you to our website, where we share with you our journey and vision towards building a sustainable and prosperous future.
Since our company's inception, we have been committed to providing exceptional contracting services, focusing on high quality, adherence to deadlines, and international standards. We strive to meet our clients' needs with efficiency and professionalism, relying on our extensive experience and a distinguished, qualified team.
Our company believes that our success is not limited to completing projects but extends to building long-term relationships with our clients and partners. We are committed to continuous innovation and ongoing development to stay abreast of the latest technologies and methods in the construction industry.
At Madain Al Omara, we take pride in our contribution to the growth and development of our country's infrastructure, and we aspire to achieve our vision of becoming the first and optimal choice in the contracting field across the region.
Thank you for your trust and ongoing support, and we always look forward to working with you to achieve new successes and accomplishments.
The real estate price index in Saudi Arabia rose by 1.7% in the second quarter of 2024 compared to the same period in 2023, driven by a 2.8% increase in residential property prices and a 1.5% rise in agricultural property prices, Invest-Gate reports.
However, according to data released by the General Authority for Statistics on Thursday, commercial property prices declined 0.4%.
Moreover, residential property prices surged by 2.8%, primarily due to a 2.8% increase in the prices of residential land plots. The significant weight of the residential sector in the overall index contributed greatly to this rise.
Furthermore, apartment prices increased by 2.9% among other residential properties, while prices for residential buildings, villas, and houses decreased by 0.1%, 0.5%, and 1.4%, respectively.
Conversely, commercial property prices dropped by 0.4%, influenced by a 0.4% decrease in commercial land plot prices and a 0.6% decline in commercial showroom prices.
Also, prices for commercial buildings and centers remained stable, with no notable changes in the second quarter of 2024.
Notably, the agricultural sector experienced a 1.5% increase, attributed to a corresponding rise in agricultural land prices.
Leomar Company is a leading company in the construction field, founded in 2019 with the aim of providing innovative and high-quality solutions to its customers. Thanks to its specialized work team and extensive experience, the company was able to occupy a prominent position in the market and gain customers’ trust by providing products and services that meet their needs and exceed their expectations.
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