Cairo Electric Railways and Heliopolis Oases Company

The Cairo Electric Railways & Heliopolis Oases Company (Arabic: شركة سكك حديد مصر الكهربائية و واحات عين شمس), is ), was formed in Cairo, Egypt in 1906 to develop a 25 square kilometer plot of land into the Heliopolis suburb. It was nationalised in 1960, and remained a state-owned enterprise until it was listed on the Cairo and Alexandria Stock Exchange (now the Egyptian Exchange, or EGX) in 1995 and renamed the Heliopolis Company for Housing and Development (Arabic: شركة مصر الجديدة للإسكان و التعمير).

Heliopolis Company for Housing and Development SAE
FormerlyCairo Electric Railways & Heliopolis Oases Company
Company typePublicly listed company
Traded as
HELI.CA
IndustryReal estate development
FoundedFebruary 2, 1906
FounderÉdouard Empain
Boghos Nubar Pasha
and 22 other individuals and companies
Headquarters
Key people
Mohamed El Shahwy (Chairman of the Board)
ServicesTill December 31, 1991:
Heliopolis’ tram management.
Utilities management for Heliopolis. (ie: water, power, roads...)
OwnerHolding Company for Construction and Development (72%)
Number of employees
933
WebsiteHeliopolisCompany.com
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