Aristo Developers’ Representative for the Middle East and Arab Countries Issam Nasser has revealed the company’s plans to launch its new branch in Egypt during the week starting March 10, Invest-Gate reports.

The move comes as part of Aristo’s plans to expand in the Egyptian and GCC markets, Nasser exclusively told Invest-Gate on March 6.

The economic agreements between Egypt and Cyprus have reinforced the binary relationships between the two countries, Nasser added, pointing out that Aristo targets to intensify its presence in the Egyptian local market.

Aristo Developers has started operating in the market 38 years ago and has delivered infrastructure projects throughout Cyprus and Greece for over three decades.

The property developer logged a sales increase of 40% during FY 2018/19, the official uncovered.