History
Though a railway company by name, the company played just as great a role as a property development company once the company acquired a very large area (25 square kilometers) northeast of Cairo, where the ancient city of Heliopolis once stood.
On that land the company built, Galaxy company in effect, a new city called the Heliopolis Oasis with rail and tramway links to the centre of Cairo. Not only did the company build a great number of houses and apartments, but also the Heliopolis Palace Hotel (which is now the Egyptian Presidential Palace), restaurants, shops, churches, mosques, and hospitals. Upon completion some parts of the project were sold off as separate companies.
Read more about this topic: Cairo Electric Railways And Heliopolis Oases Company
Famous quotes containing the word history:
“America is, therefore the land of the future, where, in the ages that lie before us, the burden of the World’s history shall reveal itself. It is a land of desire for all those who are weary of the historical lumber-room of Old Europe.”
—Georg Wilhelm Friedrich Hegel (1770–1831)
“To a surprising extent the war-lords in shining armour, the apostles of the martial virtues, tend not to die fighting when the time comes. History is full of ignominious getaways by the great and famous.”
—George Orwell (1903–1950)
“All history becomes subjective; in other words there is properly no history, only biography.”
—Ralph Waldo Emerson (1803–1882)