As much as 35 per cent of the Nile island of Al Warraq will be made up of public green space that will be open to Egyptians from all walks of life, a housing ministry representative said.
The island has been the subject of much contention over the past two weeks after the government’s efforts to evict the island’s residents to make way for a large-scale development project that will transform the island into a luxurious upmarket district.
Furthermore, under the new development plan, 30 per cent of the island will be designated residential units while the rest will be used for “hotels in addition to other commercial and cultural entities”, according to a phone-in statement on Sunday to Akher El Nahar, a talk show, by Abdul Khalek Ibrahim, deputy housing minister for technical affairs.
After widespread outrage against the evictions from opposition figures and social media users, various officials from the housing ministry have been making the talk-show rounds over the past two weeks to defend the project and its viability.
Videos from the island throughout August showed residents in continual heated exchanges with security officers who were seen using violent methods to carry out the evictions.
In response to the backlash, housing minister Assem El Gazzar called a news conference on August 18 during which he revealed that the “environmental concerns” were the main reason the government was now intensifying its efforts to evict the island’s residents.
He rejected at the time claims that violence had been used by security officers during eviction efforts and asserted that the development plan was an important step towards combating unofficial housing in Egypt, which he said was exacerbated by unlicensed construction carried out by millions of Egyptians during the infamously unstable period after the 2011 uprising that ousted former president Hosni Mubarak.
Despite compensation offers from the government, many of the island’s residents continue to resist the evictions, refusing to upend their lives and relocate.
But numerous residents have agreed to the housing ministry’s so-called “consensual purchase” policy whereby they agreed to relocate to other government housing settlements, such as Sadat City, 88 kilometres east of Cairo, where land is worth much less than on Al Warraq.
The housing minister said earlier this month that because of the differences in land value between the strategic Nile island and Sadat City, every feddan (4,200 square metres) of land taken from a resident on Al Warraq would be compensated with 16 feddans in Sadat.
Additionally, he said that residents who did not want to be compensated with land were given six million Egyptian pounds for every feddan taken by the government on Al Warraq. Whether residents have actually received any of the compensation is yet to be confirmed.
Mr Ibrahim, on behalf of the ministry, denied on Akher El Nahar that the island was being cleared to be handed over to foreign developers as critics have claimed, explaining that the biggest proof of this is that under the new development plan, 4,000 residential units will be designated for housing evicted residents who wish to return once the project is completed.
He pointed to other examples of evictions in other areas of Cairo where residents were allowed to return once their homes were developed. He singled out residents of the Maspero triangle, an area in central Cairo that had been significantly underdeveloped for years until a recently completed development project in the area replaced the run-down homes with modern skyscrapers with units available for the 25,000 evicted residents.
However, during an interview with BBC on Thursday, Ihab El Kharat, deputy head of Egypt’s Social Democratic Party, pointed to the fact that compared with Maspero’s 25,000 evictions, El Warraq houses more than 120 thousand people, which would make their resettlement much more difficult to accomplish.
He expressed his sympathy for the island’s residents during the interview, saying that after decades of being treated like a legal settlement in Cairo complete with a police station, a general hospital, more than a dozen clinics and a post office (all of which have been demolished), they are now being forced to see the legality of their homes revoked and their way of life changed.
The government on the other hand says that since the residents did not acquire permits to live on the island to begin with, the evictions are legal and a necessary means to combat unplanned housing, Mr Ibrahim said.
Supporters of the development claim that Al Warraq’s central place in the Nile and its relatively large size (double the size of the nearby island of Zamalek, one of the city’s most affluent districts) make the island a lucrative real-estate opportunity that is being wasted by underdevelopment and could be of better use to the country if it is renovated.
Wonka
%3Cp%3E%3Cstrong%3EDirector%3A%3C%2Fstrong%3E%C2%A0Paul%20King%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStarring%3A%C2%A0%3C%2Fstrong%3ETimothee%20Chalamet%2C%20Olivia%20Colman%2C%20Hugh%20Grant%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%202%2F5%3C%2Fp%3E%0A
Three trading apps to try
Sharad Nair recommends three investment apps for UAE residents:
- For beginners or people who want to start investing with limited capital, Mr Nair suggests eToro. “The low fees and low minimum balance requirements make the platform more accessible,” he says. “The user interface is straightforward to understand and operate, while its social element may help ease beginners into the idea of investing money by looking to a virtual community.”
- If you’re an experienced investor, and have $10,000 or more to invest, consider Saxo Bank. “Saxo Bank offers a more comprehensive trading platform with advanced features and insight for more experienced users. It offers a more personalised approach to opening and operating an account on their platform,” he says.
- Finally, StashAway could work for those who want a hands-off approach to their investing. “It removes one of the biggest challenges for novice traders: picking the securities in their portfolio,” Mr Nair says. “A goal-based approach or view towards investing can help motivate residents who may usually shy away from investment platforms.”
Timeline
2012-2015
The company offers payments/bribes to win key contracts in the Middle East
May 2017
The UK SFO officially opens investigation into Petrofac’s use of agents, corruption, and potential bribery to secure contracts
September 2021
Petrofac pleads guilty to seven counts of failing to prevent bribery under the UK Bribery Act
October 2021
Court fines Petrofac £77 million for bribery. Former executive receives a two-year suspended sentence
December 2024
Petrofac enters into comprehensive restructuring to strengthen the financial position of the group
May 2025
The High Court of England and Wales approves the company’s restructuring plan
July 2025
The Court of Appeal issues a judgment challenging parts of the restructuring plan
August 2025
Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision
October 2025
Petrofac loses a major TenneT offshore wind contract worth €13 billion. Holding company files for administration in the UK. Petrofac delisted from the London Stock Exchange
November 2025
180 Petrofac employees laid off in the UAE
NBA Finals results
Game 1: Warriors 124, Cavaliers 114
Game 2: Warriors 122, Cavaliers 103
Game 3: Cavaliers 102, Warriors 110
Game 4: In Cleveland, Sunday (Monday morning UAE)
Company%20profile
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Titanium Escrow profile
Started: December 2016
Founder: Ibrahim Kamalmaz
Based: UAE
Sector: Finance / legal
Size: 3 employees, pre-revenue
Stage: Early stage
Investors: Founder's friends and Family
KILLING OF QASSEM SULEIMANI
Tearful appearance
Chancellor Rachel Reeves set markets on edge as she appeared visibly distraught in parliament on Wednesday.
Legislative setbacks for the government have blown a new hole in the budgetary calculations at a time when the deficit is stubbornly large and the economy is struggling to grow.
She appeared with Keir Starmer on Thursday and the pair embraced, but he had failed to give her his backing as she cried a day earlier.
A spokesman said her upset demeanour was due to a personal matter.
CRICKET%20WORLD%20CUP%20LEAGUE%202
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MATCH INFO
Watford 1 (Deulofeu 80' p)
Chelsea 2 (Abraham 5', Pulisic 55')
BRAZIL SQUAD
Alisson (Liverpool), Daniel Fuzato (Roma), Ederson (Man City); Alex Sandro (Juventus), Danilo (Juventus), Eder Militao (Real Madrid), Emerson (Real Betis), Felipe (Atletico Madrid), Marquinhos (PSG), Renan Lodi (Atletico Madrid), Thiago Silva (PSG); Arthur (Barcelona), Casemiro (Real Madrid), Douglas Luiz (Aston Villa), Fabinho (Liverpool), Lucas Paqueta (AC Milan), Philippe Coutinho (Bayern Munich); David Neres (Ajax), Gabriel Jesus (Man City), Richarlison (Everton), Roberto Firmino (Liverpool), Rodrygo (Real Madrid), Willian (Chelsea).
Company%20Profile
%3Cp%3E%3Cstrong%3EName%3A%3C%2Fstrong%3E%20HyveGeo%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%202023%3Cbr%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Abdulaziz%20bin%20Redha%2C%20Dr%20Samsurin%20Welch%2C%20Eva%20Morales%20and%20Dr%20Harjit%20Singh%3Cbr%3E%3Cstrong%3EBased%3A%20%3C%2Fstrong%3ECambridge%20and%20Dubai%3Cbr%3E%3Cstrong%3ENumber%20of%20employees%3A%3C%2Fstrong%3E%208%3Cbr%3E%3Cstrong%3EIndustry%3A%20%3C%2Fstrong%3ESustainability%20%26amp%3B%20Environment%3Cbr%3E%3Cstrong%3EFunding%3A%20%3C%2Fstrong%3E%24200%2C000%20plus%20undisclosed%20grant%3Cbr%3E%3Cstrong%3EInvestors%3A%20%3C%2Fstrong%3EVenture%20capital%20and%20government%3C%2Fp%3E%0A
Day 2, Dubai Test: At a glance
Moment of the day Pakistan’s effort in the field had hints of shambles about it. The wheels were officially off when Wahab Riaz lost his run up and aborted the delivery four times in a row. He re-measured his run, jogged in for two practice goes. Then, when he was finally ready to go, he bailed out again. It was a total cringefest.
Stat of the day – 139.5 Yasir Shah has bowled 139.5 overs in three innings so far in this Test series. Judged by his returns, the workload has not withered him. He has 14 wickets so far, and became history’s first spinner to take five-wickets in an innings in five consecutive Tests. Not bad for someone whose fitness was in question before the series.
The verdict Stranger things have happened, but it is going to take something extraordinary for Pakistan to keep their undefeated record in Test series in the UAE in tact from this position. At least Shan Masood and Sami Aslam have made a positive start to the salvage effort.
FINAL SCORES
Fujairah 130 for 8 in 20 overs
(Sandy Sandeep 29, Hamdan Tahir 26 no, Umair Ali 2-15)
Sharjah 131 for 8 in 19.3 overs
(Kashif Daud 51, Umair Ali 20, Rohan Mustafa 2-17, Sabir Rao 2-26)