Al Rashed Developments, a leading player in the real estate sector, has announced its strategic expansion plan, aiming to invest EGP 500 mn by the end of 2024, Invest-Gate reports.

The company plans to focus on East Cairo, particularly New Cairo and other prime locations. It recognizes the importance of strategic site selection as a key factor in the successful marketing and sale of real estate projects.

Moreover, Al Rashed Developments prioritizes meeting customer needs by providing high-quality housing with essential services and amenities.

Furthermore, the company emphasizes creating a secure, private, and luxurious living environment. It is strongly committed to precision in construction, timely delivery, and excellent after-sales service.

Looking ahead, Al Rashed is dedicated to maintaining the quality of its products and services, which it views as critical to sustaining long-term success. As a pioneer in the real estate industry, the company aspires to become the leading developer by consistently achieving the highest quality standards in all its projects.

Notably, founded in 2014, Al Rashed Developments began its journey in the Gulf market, contributing to several successful projects in Saudi Arabia. In 2018, the company expanded its investments into the Egyptian real estate market, starting in the 6th of October City, where it has since developed a range of residential projects. Al Rashed’s philosophy of prioritizing quality over quantity guides its approach in a rapidly evolving industry.