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IL Cazar Developments launches The C project in Ras El Hekma with investments of EGP 30bln
IL Cazar Developments launches The C project in Ras El Hekma with investments of EGP 30bln

Zawya

time10 hours ago

  • Business
  • Zawya

IL Cazar Developments launches The C project in Ras El Hekma with investments of EGP 30bln

Cairo – IL Cazar Developments announces the launch of its second project in Ras El Hekma, 'The C', located at Kilometer 188. The project spans an area of 114 feddans, with total investments estimated at EGP 30 billion. 'The C' offers an integrated residential and leisure experience on the Mediterranean coast. The project is designed on levels to enhance direct sea views and add a distinctive aesthetic dimension to the site. Only 20% of the total land area will be developed, aiming to maintain residents' privacy and offer a limited number of units for a refined and exclusive living experience. The majority of the land will be dedicated to stunning landscaped areas, including water features and open green spaces, enhancing quality of life and creating a serene, harmonious environment. 'The C' includes more than 20 water features, including lakes, infinity pools, shaded water pathways, and private islands equipped with state-of-the-art amenities. Also, it features modern architectural designs ensuring direct sea views for all units, delivering a unique residential experience and reflecting the company's ambitious vision to set new standards in the development of high-end coastal communities in Egypt. The project offers a wide range of residential units, standalone villas, twin houses, chalets, penthouses, and private beach cabins. Unit sizes range from 154 square meters to 355 square meters, offering flexible options to suit various lifestyles and family needs. 'The C' also includes a comprehensive suite of leisure and service facilities such as a five-star hotel, two clubhouses, sports platforms, international restaurants, and a wellness and relaxation center. Nader Khozam, Chairman and CEO of IL Cazar Developments, expressed his enthusiasm for the new launch, stating: 'The launch of 'The C' is a strategic step in our expansion plan to strengthen our presence in Egypt's prime coastal destinations, and to offer integrated urban concepts rooted in innovation and sustainability. This project is our second in Ras El Hekma and our third launch in 2025, clearly reflecting the accelerated growth of our operations and the ongoing trust of our clients in our strategic direction.' He added: 'The C' emphasis IL Cazars' commitment to implementing a clear development vision and a comprehensive strategy aligned with Egypt's 2030 Vision– particularly in enhancing tourism infrastructure, promoting sustainable lifestyles, and attracting investment to the North Coast, as a key driver of urban and tourism growth in Egypt.' It is worth noting that IL Cazar Developments is a leading company known for delivering innovative residential and tourism communities in Egypt. Its projects are characterized by rapid execution and high-quality construction. Through its eighth project, 'The C', IL Cazar aims to solidify its position as a pioneering developer in the advanced coastal tourism sector and to actively contribute to achieving the state's goals of comprehensive development and the creation of upscale, sustainable urban communities.

Conservative MP launches petition to end temporary foreign worker program
Conservative MP launches petition to end temporary foreign worker program

Toronto Star

time23-05-2025

  • Politics
  • Toronto Star

Conservative MP launches petition to end temporary foreign worker program

OTTAWA - Conservative MP Jamil Jivani has launched a petition to end the temporary foreign worker program. The petition says the temporary foreign worker program is a 'large contributor' to an unsustainable level of immigration and claims the program is taking jobs away from Canadians and suppressing wages. In a social media video about the petition, Jivani links immigration to doctor shortages, crowded hospitals, the housing crisis and a challenging job market. ARTICLE CONTINUES BELOW 'There's a pretty clear consensus, even across people with different political views, that immigration levels are just unsustainably high,' Jivani said. 'Anyone who goes to a hospital can see there's not enough beds. Anyone who goes to look for a family doctor can't find one. You go to buy a house, there's not enough of those. You go to find a job, there might not be one of those for you either.' The Ontario MP said it's reached a point in Parliament where you 'can't have a sensible conversation' about the issue. Jivani said his petition does not include temporary workers in the agricultural sector. He suggested that seasonal agricultural workers should be under a separate program. The Ontario MP said that youth unemployment is one reason why he's brought forward this petition. The unemployment rate for people aged 15 to 24 reached 14 per cent in April, according to Statistics Canada's May jobs report. ARTICLE CONTINUES BELOW ARTICLE CONTINUES BELOW Last year, the government announced plans to reduce the number of temporary foreign workers being admitted to Canada. This measure includes refusing to process applications in metropolitan areas with more than six per cent unemployment. The government plans to admit 82,000 workers annually under the temporary foreign worker program from 2025 to 2027, according to its immigration levels plan. In an emailed statement, Employment Minister Patty Hajdu needled Jivani over not being named one of the Conservative caucus critics in the House of Commons. 'I know MP Jivani wasn't included in Andrew Scheer's shadow cabinet,' she wrote, referring to the Conservative MP who is leading the Official Opposition in the House of Commons, 'but he may want to ask that the party resume briefing him, because if they had, he'd know that in the last year alone, we considerably scaled back the TFW program to reflect local labour needs.' Hajdu added the government is consulting with labour and industry groups about future changes to the program and said it 'in no way' replaces Canadian talent. The minister said the program is 'vital' to the agricultural sector and tourism industry. ARTICLE CONTINUES BELOW ARTICLE CONTINUES BELOW Jivani appears to be acting alone with his petition, since he does not hold one of the Conservative critic positions. Alberta MPs Michelle Rempel Garner and Garnett Genuis are the immigration and employment critics, respectively. The Conservatives did not immediately respond to a request for comment. This report by The Canadian Press was first published May 22, 2025.

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