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Cairo Electric Railways and Heliopolis Oases Company

Cairo Electric Railways and Heliopolis Oases Company
Company nameHeliopolis Company for Housing and Development
Company typePrivate
FoundedFebruary 2, 1906
Founder(s)Édouard Empain
Headquarters28 Ibrahim El Lakani street, Heliopolis, Cairo
Key peopleMohamed El Shahwy (Chairman of the Board)
ServicesTill December 31, 1991:
Heliopolis’ tram management.
Utilities management for Heliopolis. (ie: water, power, roads...)
Net income(+) EGP 74,280,000 (2006)
(US$ 13,170,000)
Total assetsEGP 74,171,000,000 (2006)
(US$ 13,150,000,000)
Employees933

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The Cairo Electric Railways & Heliopolis Oases Company ( ), is the original name of the Heliopolis Company for Housing and Development ( ), a company formed in Cairo in 1906 in a partnership between a consortium of Belgian developers led by Édouard Empain and Boghos Nubar Pasha, son of the former Egyptian Prime Minister Nubar Nubarian.


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