Hi Dan, Great news.

Another bit of good financial information. All the major world stock indices are showing losses for the year, apart from one, the Egyptian index. Supported by a stable economic environment, GDP growth of 7% and heavy international investment in the Realestate sector, Egypt is set to outperform many economies around the world for the forseeable future. Again, this bodes very well for property investors in Egypt.

Regards
RED

hi Roger, I have a friend aleady there working for another company. Will stay in his villa till I find somewhere to rent.

I don't know the figures, but I think it is more significant what is happening with the Russian economy. This is where much of your rental will come from and to whom you are most likely to eventually resell.

Hi Chico.

Agree, Russia along with India,China are the next powerhouses to look out for in the world economy. I believe the balance of power is shifting ie. the UK and US economies have been build on credit over the past 20 years. This credit is now freezing up with major banks unwilling to lend to each other let alone to companies and customers. Those economies who are cash rich will benefit, hence the Middle East, Asia and Russia will benefit.

Liquidity is becoming a real issue, and the actions of the US Federal Reserves of late have just highlighted how deperate the situation is.

Regards
RED

We all waiting and wish to have it soon

Getting very close to the release date. I believe prices are going up by 15% on the 31.03.08 and the first images of the development should be due very soon.

All getting very exciting!!!

Hi Red, I'm just hoping I don't get caught out after all the waiting and excitement. Although I have agreement in principal for the money, my bank here don't seem to be in any rush to let me have it, even though I've explained about release dates and refundable deposits...

I'm sure it'll all come right in the end

Looking forward to seeing the plans and images

__________________
Roger
There are only three types of people in the world - those who can count and those who cannot.
Pandora's Box

As the project is not cheapest so i wished to have the plans and final pics and unit sizes before the prices get up 15%

RE,

You make a fair point, but I believe the whole point of putting down a £2,000 deposit on pre-release is to be rewarded with the 15% gain once plans are released. Again, if we are not happy with the plans then we can get our money back, but if we wish to proceed then we make a 15% gain on our investment in addition to getting a prefferential apartment on the development.

Regards
RED

Does anyone have any idea where and when the launch party is going to be held?

Thanks
PJ