
West Cairo to witness increase in volume of investments
West Cairo will be a major tourist attraction in the coming period
West Cairo will be a major tourist attraction in the coming period
Chairman of EFID Developments Mohamed Abdel Badie said that the various investment opportunities currently being offered by the state in numerous parts of Egypt encourage the private sector to expand its existing investments and initiate new businesses to take advantage of these promising opportunities.
The EBRD said that the project aims to support sustainable developments in Egyptâs tourism sector, which has been particularly badly affected by the novel coronavirus (COVID-19) pandemic.
Rasekh added that the company has launched the first phase of the business park within the project for reservation, noting that the project has also been designed differently to suit the nature of different companies and guarantees privacy.
The company has sold its first and second phases with total sales approaching EGP 350m, according to Amr Assaf, chairperson of Insight Real Estate.
Second phase will be launched for sale in the second half of 2019
Company marketed 40% of project, Says PresidentÂ
MARAKEZ for real estate investment, the Egyptian arm of Saudi Arabian conglomerate Fawaz Alhokair Group, signed a memorandum of understanding with Al-Futtaim Misr for Retail to open the first IKEA store in west Cairo at the Mall of Arabia. According to the press statement issued, this will be the Swedish retailerâs second store in Egypt …
Hassan AllamâCCC alliance implements first phase, Orascom Construction implements second