Abraj Misr’s Total Investments Record EGP 7 B

Thursday, 22nd September 2016
by Fatma Khaled

Abraj Misr has announced that total investments in Egypt are currently worth EGP 7 billion ($788.2 million), with plans to take over the development of government-owned projects, reported Amwal Elghad.

Abraj’s benchmark projects, Florenta, acquires 15% of the total investment capital, according to Aly Rabie, Chairman of Abraj.

The company will also participate in government-owned projects in areas located east of Cairo, west of the North Coast, and in Ras El Hekma, seeking to take part in private-public partnership (PPP) projects.

Abraj Misr has developments in several locations, employing a strategy dubbed as ‘Principles of Value’, which is characterized by green architecture and specialized technology.

About The Author
More From Author

Fatma Khaled 379 Posts

An aspiring journalist always seeking to deliver the best of everyday's news. I am a very enthusiastic Egyptian who is committed to journalism and what I could give as a journalist/ writer through reporting on business and political news.