Winvestor Real Estate Investment and Development Company inaugurates its first headquarters in Egypt, Invest-Gate reports.
The company is planning to launch a series of real estate projects in East and West Cairo.
Winvestor is an Egyptian-Saudi joint stock company between IMS Development and Project Management & Al-Manawer Contracting.
Youssef bin Suleiman bin Mohammed al-Harbi, chairman of Winvestor Investment, notes that the company decides to invest in the Egyptian real estate sector due to the strong investment climate in Egypt, alongside the facilitation and simplification of procedures that are aimed to boost direct investments.
He reveals that the company plans to expand in East and West Cairo in the coming period.
The first of Winvestor’s projects in Egypt is set to be launched in Sheraton District and will be announced and offered in the coming period, al-Harbi says.